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. 

"Recreational Diving Oasis with Artificial Reefs"

ARIA is aiming to participate as a partner in EU R&I consortia for the development, testing and demonstration of novel technologies relevant with the creation, function and maintenance of recreational diving parks, special fisheries' management areas, extensive aquaculture combined with OWFs activities and many similar blue growth related topics.

  • Coastal and environmental protection and regeneration

Company behind project


Problem we are solving
The degradation of many recreational diving destinations all over the world due to massive ecotourism necessitates the adoption of innovative management measures.

Sustainable Impact on Blue Ecconomy
HCMR has developed an innovative technology for the creation of artificial underwater ecotourism attractions (diving oases) using specially constructed artificial reefs in an attempt to simulate the functional and morphological characteristics and the aesthetics of the natural rocky reefs.

  • TRL 9 - Actual system proven through successful mission operations

Financial Needs500,000.00 euros

Planned Funding Allocation
  • Improve our R&D: 30
  • Sales and Marketing: 30
  • Operations: 30
  • New premises: 10