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European Climate, Infrastructure and Environment Executive Agency
News article29 March 2022European Climate, Infrastructure and Environment Executive Agency

2022 Blue Invest day: two maritime projects win award!


The 2022 BlueInvest Day took place on Monday 28 March 2022 in Brussels (both in person as well as online) featuring European Commissioner Virginius Sinkevičius and European Investment Fund (EIF) Deputy Chief Executive, Roger Havenith who took on the occasion to announce a new dedicated equity initiative for the blue economy under InvestEU. The initiative will mobilise an additional €500 million of EU funds for financial intermediaries investing in this sector.

As part of the event, the BlueInvest Awards also took place, with two CINEA co-funded projects being declared winners.

Under Ocean Observation, the prize went to EMFF beneficiary, and BlueInvest trained company, WSENSE, which specialises in underwater communication & monitoring systems. WSENSE is a beneficiary of three distinct EMFF co-funded projects.

A second EMFF co-funded body, Esteyco, won the "People's Choice" award via an online vote which saw more that 500 votes being cast.

BlueInvest is a platform and accelerator to foster innovation and investment in sustainable technologies for the blue economy. It provides investment readiness support and access to finance for early-stage businesses, SMEs and scale-ups. BlueInvest is enabled by the European Maritime, Fisheries and Aquaculture Fund and has just been renewed for a further 4 years for almost €5.5 million.