Welcome to the Newsroom

In the newsroom, you will find the latest updates on the BlueInvest initiative: useful videos to expand your knowledge, success stories, insights on our pasts and upcoming events and much more!  

 

BlueInvest was launched in 2019 with the aim to facilitate access to finance and support investment readiness for early stage businesses, SMEs and scale ups in the blue economy. The platform …

  • Supports investment readiness and access to finance for innovative start-ups, SMEs, and scale-ups in the blue economy.
  • Provides a market path through technical assistance, visibility, matchmaking and network- and opportunity-building for investors and companies.
  • Guides investors to specialize their investment strategies into blue economy related areas and to maximize their related investments.
  • Fosters a community and investment ecosystem to help finance the go-to-market and scale-up and to fuel the transition to more sustainable finance and impact investment.

 

SUCCESS STORIES

80+ beneficiaries had qualified introductions to investors
50+ beneficiaries secured investment
96.5% satisfaction rate
 
Read more  on the BlueInvest beneficiaries and their success stories here below. 
Want to be the next one? Apply to BlueInvest Readiness Assistance or Fundraising Assistance.
 
 

Protecting the Artic sea ice with Arctic Reflections and BlueInvest

Success stories
Arctic Reflections is on a mission to protect Arctic Sea ice, which functions as a natural heat shield and plays a significant role in cooling the planet. Led by an innovative team, this project from the Netherlands combines smart technology, indigenous collaboration, and a deep commitment to sustainability. 

'BlueInvest helped us cross the ocean—both literally and figuratively. Thanks to our coach, we refined our business model and expanded our reach into Canada and the U.S.' said Tom Meijeraan, co-founder of Arctic Reflections.

Arctic ice and global climate balance

The Arctic is warming 3 to 4 times faster than the rest of the world, making it a critical factor in global climate regulation. 'Extending the lifetime of just 1 km² of sea ice by one month in summer can have the same cooling impact as reducing the yearly carbon emissions of 200 cars for 20 years,' says Tom Meijeraan. 

The Arctic ice is such a significant factor because it reflects most of the incoming solar energy back into space through its natural white surface. As the ice continues to melt, the world could face increasingly severe consequences for ecosystems and weather patterns. 

This is where Arctic Reflections comes in. Inspired by Dutch ice masters who ensure the quality of ice for ice skating, the team pumps seawater onto the sea ice, allowing it to freeze rapidly and create a thicker ice layer. 

The pumps of Arctic Reflections in action
© Arctic Reflections

A science-driven approach

The team’s work aims to scientifically validate the benefits of ‘Arctic ice thickening’ in mitigating the effects of climate change on Arctic ice. It is strongly interdisciplinary, with collaborations from Cambridge University, Delft University of Technology, and the UNIS Research Centre in Svalbard. 

To achieve this aim, field tests are being conducted to ensure the solution is effective without causing harm to the local ecosystem. This scientific foundation ensures that every step taken is aligned with long-term environmental goals, not just short-term fixes.

Interventions such as thickening sea ice can generate criticisms. Critics often voice concerns that these solutions may detract from more traditional emission reduction strategies. 'Our projects are not about compensating for emissions, the reduction of which remains top priority. They are about finding ways to save the Arctic ice and maintain its function as heatshield to help counter global warming,' says Tom.

'Everything we do is rooted in science and we make all our data public to stimulate fact-based discussions,' Tom asserts. 

Measurements are being taken from the ice
© Arctic Reflections

BlueInvest in action

The Readiness Assistance Programme provided by BlueInvest has helped Arctic Reflections in two significant ways. 

Firstly, with insights from their coach, they refined their business model, emphasising government funding and exploring the option of corporate sponsorships. The evolving landscape of climate initiative funding calls for a blended finance strategy and a commitment to staying flexible and adaptable. As an impact-driven startup, funding will align with the mission, not the other way round. 

Secondly, it was through their BlueInvest coach’s network that Arctic Reflections found new opportunities across the ocean, in the U.S. and in Canada.

Tom adds: 'Our coach really helped us to tap into a wider range of stakeholders that we couldn’t easily reach out to before.' This networking aspect has been invaluable for fostering partnerships and securing the necessary support for their ambitious goals.

Involving indigenous communities

While challenges remain, the team is determined to help preserve the Arctic, not just for its global environmental importance but also for local indigenous communities. 

'Across the world, indigenous communities are known for their environmental stewardship,' Tom says. He adds: 'Working together with them and supporting them in maintaining the sea ice they depend upon is vital – and for this trust is crucial. We uphold common principles of indigenous engagement, such as the need for prior, informed, and free consent.'

As they continue to collaborate with local stakeholders, the organisation recognises the need to amplify indigenous voices in the climate dialogue. 

BlueInvest

BlueInvest is the EU's innovation and investment platform for the blue economy, offering business coaching, fundraising support, and networking opportunities for ocean technology companies. Interested individuals can register with the BlueInvest Community to explore programme features and opportunities or contact lu-blueinvest@pwc.lu.

More information

Website of Arctic Reflections

https://www.linkedin.com/company/arctic-reflections/

EU Arctic policy

Arctic Reflections
 

See all

 

 

OTHER BLUE NEWS

 

Call for Tender: EU Coastal Monitoring Demonstrators

The ‘EU Coastal Monitoring Demonstrators’ Call for Tender, launched by Mercator Ocean International, aims to reinforce the Copernicus Marine Service’s interactions and collaboration with core users at the national and transnational level in the European Union.

The call closes on 18 September 2024.

Click here for more information. 

 

Ship financing portal

 

Ship Financing Portal

The European Commission launched the Ship Financing Portal, designed to improve access to financing for the shipping sector and the wider maritime industry. 

The platform, launched by the European Commission’s Directorate-General for Mobility and Transport, provides businesses and organisations with a repository of available financial tools needed to drive fleet renewal and retrofitting, enhance efficiency, and reduce environmental impact.

The Portal in a nutshell:

  • Consolidated resource: the portal centralises access to a variety of pan-European financing products, simplifying the search for suitable financing opportunities for stakeholders across the maritime sector.
  • Current information: it provides up-to-date details on available grants, loans, and other financing products administered by the EU, Member States, and private financial institutions. This ensures that users are informed about the latest financing opportunities.
  • Sector-specific solutions: the portal lists financing products relevant for the shipping sector, facilitating the development and deployment of technologies and services to promote shipping decarbonisation. This aligns with the EU's commitment to steer the maritime sector towards a green transition.

The launch of the portal is a further step in supporting the greening of the maritime industry. The portal addresses the lack of available information on financing opportunities.

The European Commission invites all maritime stakeholders, including small and medium-sized businesses, financial institutions, and other organisations to explore the Ship Financing Portal and take advantage of the diverse financing opportunities available. This initiative underscores the EU's dedication to fostering a sustainable and competitive maritime sector.

For more information, please visit the Ship Financing Portal

 

EUSPA funding scheme grant

EUSPA has published a new Fundamental Elements funding scheme grant to support the integration of Galileo High Accuracy Service (HAS) in maritime positioning and/or navigation solutions. 

The Galileo HAS-enabled Maritime receiver Call for Proposals aims at designing, developing, testing and demonstrating a GNSS positioning/navigation solution, integrating Galileo HAS receiver, suitable to be embedded within the vessel navigation equipment.

Deadline for submission to the call: Friday, September 20, 2024 - 23:59 CEST.

You can read more about this opportunity at the EUSPA pages.

 

 

Oceanovation Festival - 21-22 June 2023

 

Innovation and technology are the cornerstones of a blue economy, and Europe is leading the way. A thriving Blue economy promises to bring innumerable benefits through the financing of projects and investments with a focus on marine innovation and circular economy solutions. This is why Blue Invest is a supporting partner of OCEANOVATION Festival taking place in The Hague on 21-22 June.

The Festival will bring together 350+ innovative founders, investors, corporates, and forward-thinking minds in the ocean space to identify, implement and scale the technologies we need to grow the blue economy in a sustainable way. As part of the Blue Invest network, you will be able to attend 2 days of workshops and engaging conversation with a 40% discount on the ticket. Take part in the different civities offered during the event such as a Founders program, dedicated Investor Program, Pitch on The Beach, Industry Workshops, and unlimited networking opportunities.

More information here

 

Protecting and Monitoring the Ocean - the Nordics

BlueInvest is partnering up with Ocean Autonomy Cluster for the seminar “Protecting and Monitoring the Ocean - the Nordics” taking place on 03 May in Clarion Brattøra and online.

Experts, innovators, and industry leaders will gather to discuss the current state and prospects of the blue economy in the Nordic region.

The session "Solutions looking for a problem - Entrepreneurs" is available for online participation. Register here.

The other parts of the event are by invitation only. Any questions can be addressed to Ocean Autonomy Cluster.

Programme and more information here.

 

Innovation Fund third small-scale call for projects

The third Innovation Fund small-scale call for projects was launched on 30 March 2023 with a budget of EUR 100 million for projects with a total capital cost between EUR 2.5 million and below EUR 7.5 million, it will be open for projects submissions until 19 September 2023, 17:00 Brussels time.

On 20 April, the European Climate, Infrastructure and Environment Executive Agency (CINEA) and the European Commission's DG Climate Action are organising an Info Day to present the call.

Registration and information here.

Discover the Black Sea Assistance Mechanism

BlueInvest and the Black Sea Assistance Mechanism are collaborating to provide market pathways for sustainable and innovative technologies at different stages of formation.

The Black Sea Assistance Mechanism offers participating countries practical support to help meet the blue economy goals of the Common Maritime Agenda for the Black Sea.

The focus is on facilitating awareness and capacity of local and regional stakeholders by providing the Black Sea community with expertise on the blue economy, a network across borders on both shores to help project leaders find the right partners, as well as support with project idea development and share funding opportunities.

 

BlueInvest and the Black Sea Assistance Mechanism are collaborating to provide market pathways for sustainable and innovative technologies at different stages of formation.

The Black Sea Assistance Mechanism offers participating countries practical support to help meet the blue economy goals of the Common Maritime Agenda for the Black Sea.

The focus is on facilitating awareness and capacity of local and regional stakeholders by providing the Black Sea community with expertise on the blue economy, a network across borders on both shores to help project leaders find the right partners, as well as support with project idea development and share funding opportunities.