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Conference of Peripheral Maritime Regions of Europe (CPMR)

#BlueInvest: Bringing together start-ups and investors in the maritime economy

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Today (17 May), the Commission is organizing Blue Invest, the first-ever, EU-wide matchmaking event between start-ups and investors in the maritime economy. Vice President Jyrki Katainen (pictured) and Commissioner Vella will welcome hundreds of entrepreneurs and investors from across Europe in Brussels.

Commissioner Vella said: “Our experience shows that matching the right maritime start-up to the right investor can create an ocean of opportunity. That is the goal of Blue Invest. The huge turn-out at Blue Invest illustrates how the European Commission is at the forefront of ocean investment.”

Companies will receive advice from European Investment Bank Vice President Jonathan Taylor, industry leaders and financial services experts about scaling up their business and raising interest from potential investors. The 'blue economy' includes activities from aquaculture and tourism, to ocean energy and biotechnology. As a whole, the sector is growing faster than the rest of the EU economy and it has the potential to double its size, supporting 7 million direct jobs and creating €1 trillion in turnover by 2030.

Vice President Katainen added: "Boosting investment is a core priority for this Commission. The Investment Plan's European Fund for Strategic Investments has already catalysed investments worth over €280 billion in Europe."

More information available here.

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