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. 

SALUBATA

We repurpose ocean-deemed plastic bottles to shoes

  • Ocean pollution & water management

Company behind project
SALUBATA

France

About Us
Our Team:
Akinse, Fela: Shoe Designer (7 years), Business Analyst, Environmental Scientist (6 years)
Yewande Adebowale: COO and Environmental Lawyer (LLB & LLM 8years)
Esso-Dong Djafalo: CTO/Software Artist: Application Development, Web Development & Engineering Design, Blockchain architect
Anne Sarah CDO: UI/UX (7 years), Motion Design, Infographics, Video Montage, BSc Computer Science)
Oti Obinna Product Design Lead (3D Artist 5 years), BSc Architecture

Our Advisors include: Our Advisors include: Selim Dusi (Chairman & CEO Ing Dipl. EPFL, Harvard Business School), Valentina Corbetta (COO at Meta), Dave Heath (Founder & CEO, Bombas), Derek Smith (Plugin South LA Accelerator) and Christopher Williams (Former Experience Designer at Nike and Adidas


Problem we are solving
The plastic plague in many countries is visible and inescapable. Even moderate rain showers cause flooding because the drainage system is choked with trash, most of it bags, water bottles and other items made from plastic. In one year alone, over 381 million [metric tons] of plastic waste is produced around the world and the sad part is only 9 percent of this waste is recycled. So we thought: Why can’t we convert plastic waste into shoes?
The global footwear industry produces about 30 billion pairs of shoes annually. Most of the shoes are made of petroleum-based plastics, foams, and rubbers. On the flip side of the demand for new petroleum-derived material for shoes is the staggering amount of plastics that go to a landfill every year.
So, we started imagining if we could convert all of these plastic wastes into footwear. We also realised that the potential for impact is huge. The global footwear market in 5 years will be worth over $564 billion

Sustainable Impact on Blue Ecconomy
Rothy's and Adidas also make shoes from recycled plastics while ACBC produces modular shoes that are not made from recycled plastics. Salubata is a merge of Rothy's + Adidas and ACBC; our shoes are not only made from recycled plastic wastes but also modular - customisable shoes from recycled plastics intended to fit your dynamic lifestyle.
- We own two patents on our invention
- Our shoes are not only made from plastic wastes but are also modular (customisable)
- Our shoes are breathable (shoes are constantly aerated to keep your feet from smelling)
- No need to smear your hands while trying to wash the shoes (at most, you can dry-clean shoes i.e shoes can be thrown in a washing machine)
- Soles are flexible (bends according to desire)
- Our shoes reduces volume of luggage our customers carry - the modular nature of the shoes allows this.
- Cost efficient: our customers get our shoes at prices 75% less than those of competitors
- Our customers feel cool while wearing our shoes - the modular nature
- Emotional connection - our customers have a feeling of saving the environment.
- Offers a more pleasurable experience to customers as the insoles are infused with the air bubble technology intended to fit our customer's dynamic lifestyle and healthful needs

TRL
  • TRL 9 - Actual system proven through successful mission operations



Financial Needs3 million

Planned Funding Allocation
  • Improve our R&D: 40
  • Sales and Marketing: 40
  • Operations: 20