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. 

Development of a novel wave energy converter

We are developing a novel wave energy converter.

  • Blue renewable energy

Company behind project
Wave Energy Collective BV

Netherlands

About Us
The founding team consists of Luc Hogervorst (MSc Mechanical Engineering & Systems and Control from TU Delft) and Cas van de Voort (MSc Biobased Sciences from Wageningen University & Research). With the technical knowledge of Luc complemented by the business skills of Cas the founding team is able to tackle challenges in a creative and innovative way, this goes for technical and strategic challenges.


Problem we are solving
At this moment the energy transition largely depends on wind and solar. Wave energy can play an important role in reaching net zero goals. Development of wave energy converters is slow and costly.

Sustainable Impact on Blue Ecconomy
We are developing an efficient, low-cost, lightweight wave energy converter that can be used as a building block for large scale energy generation.

TRL
  • TRL 4 - Component validation in laboratory environment

  • Readiness Assistance Beneficiary


Financial Needs2.000.000

Planned Funding Allocation
  • Improve our R&D: 70
  • Sales and Marketing: 10
  • Operations: 20