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.
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.
Nova Innovation Ltd
Simon Forrest – CEO and co-founder. Over 30 years’ industry experience with companies including Wood Mackenzie, Scottish Power, Salomon Brothers and IBM. PhD in Electrical Engineering from the University of Edinburgh; Chartered Engineer. Co-founded Nova in 2010.
Gary Connor – Engineering Director and Co-Founder – 25 years’ experience in the power sector. Led delivery of the world’s first offshore tidal array. Lectured in Power Systems at University of Edinburgh. Co-founded Nova in 2010
EnFAIT is Europe’s flagship tidal energy project funded by EU Horizon 2020. The project brings together a consortium of global blue chip companies led by Nova Innovation. The aim is to reduce the cost of tidal energy by at least 40% by improving the technology as it doubles the capacity of the array and improving our understanding about the tide through pioneering R&D.
Tidal energy is the only source of renewable energy that is predictable to the minute, days, months and years ahead. It also has no visual impact on the landscape because Nova’s underwater turbine sit on the seabed.