What is the BlueInvest Project Pipeline?

See our showcase of innovative projects and entrepreneurs who are shaping the Blue Economy.

Projects consist of innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The graphs below provide an overview of the country distribution, sector, and TRL of projects currently listed in the BlueInvest Project Pipeline.

 

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Selection Criteria:

Your company is EU-based or from an eligible sea basin region (Georgia, Turkey, Ukraine, Moldova, Montenegro, Albania, Bosnia-Herzegovina, North Macedonia, Serbia, Turkey, Israel, Egypt, Tunisia, Algeria, Morocco, Lebanon, Syria, Libya, Mauritania, United Kingdom, or Norway)

Your project TRL is 4 or higher

Your project sector is in one of the 10 blue economy sectors identified for this initiative

Your solution has a clear sustainable impact on the blue economy

Your project is looking for investment

Project Country

Country in which the project is being developed and / or implemented. 

Project Sector

Main blue economy sector the project relates to.

Project TRL

Current technology readiness level of the project. 

BioQuest Alliance

BioQuest Alliance (BQA) is a company currently in the start-up phase focussed on developing a series of facilities worldwide, producing clean energy in the form of biofuels, transitionary (including maritime) fuels, and electricity, from plastic and organic (food) waste and with a vision to build and inspire a better, more resourceful, and sustainable world for future generations. Several sites have currently been planned along with a strategy to tackle (i) waste, (ii) green and transitionary fuels, and (iii) the provision of electricity locally, nationally, and ultimately worldwide. It is an ambitious crossover of multiple technologies in a clear and profitable business model, to accelerate - and profit from - a global green-power revolution. Each BQA facility comprises three main phases, each complementing the last, and improving the overall efficiency and value of the facility, with a key goal to turn each BQA facility into an energetic, scientific, and waste-processing hub in its respective region(s).

  • Ocean pollution & water management

Company behind project
BioQuest Alliance

Belgium

About Us
Wouter Meuldermans - CEO of BioQuest Alliance and sustainable entrepreneur. I am responsible for guiding the company through initial start-up, ensuring adequate growth within the short-medium and long term for the project, as well as realisation of the research objectives set forth.
Herman Meuldermans - CEO of Enki Investment. An entrepreneur, a family man, reach out and succeed. Enjoy life, making challenging projects succeed with a team of motivated people, amongst who my sons.
Jaymish Patel - a chemical engineer and an obsessed innovator in clean energy and technology which gave him the impetus to start Biofuel Evolution and led to his involvement with BioQuest Alliance two ventures that he is extremely passionate about.


Problem we are solving
Waste is an increasingly significant problem in most countries around the world, due to a combination of global increase in population and average wealth, leading to more consumption, which traditionally leads to more waste in general (UNEP, 2017). This increase in waste, means that a rise in waste management services and strategies are required which is still lacking in several countries worldwide, leaving about 2 billion people without an organised and overseen waste management solution (UNEP, 2017). The two primary contributors to global waste issues are food waste and plastics, with e-waste third. According to Food and Agriculture Organisation (FAO), the total cost of food wastage amounts to US$2.6 trillion per year and a new report devised by the World Wildlife Fund (WWF) and Dalberg has revealed that by 2040 the societal cost of plastic pollution could reach US$7.1 trillion if urgent action is not taken.

Sustainable Impact on Blue Ecconomy
Twofold:
The National Geographic Society have stated that 700 marine animal species have eaten or become entangled in plastic. We want to contribute to a society that no longer pollutes our oceans with plastic.
Furthermore, our fuels and sustainable solutions that we are developing will help to reduce the staggering amount of greenhouse gas emissions that are emitted in the international shipping industry. Maritime transport emits approximately 940 million tonnes of CO2 annually and is responsible for around 2.5% of global greenhouse gas (GHG) emissions. If we fail to mitigate this shipping emissions could increase by between 50% and 250% by 2050 (3rd IMO GHG study). Our fuel will help to reduce these staggering amount of emissions

TRL
  • TRL 8 - Actual system completed through test and demonstration



Financial NeedsEUR 5m

Planned Funding Allocation
  • Other, please specify