BlueInvest – a European Commission initiative launched in 2019 with the aim of acceleratig new ocean-based technologies and solutions that unlock innovation and investment opportunities in the sustainable blue economy – is set to host BlueInvest Africa 2024.
Scheduled to take place in Kenya on July 3-4, 2024, BlueInvest Africa is specifically targeted at registered African businesses already engaged in various sectors of the blue economy, including start-ups. It also aims to engage African Small, Micro, and Medium-sized Enterprises (SMMEs) officially established in an African country that possess innovative ideas with potential for further commercial development within the African market.
At this second iteration of BlueInvest Africa, a total of 30 outstanding projects will be handpicked for presentation to a panel of investors, and the deadline for applications is January 26, 2024.
Often overlooked, the blue economy encapsulates a range of economic sectors and related policies that together determine whether the use of oceanic resources is sustainable. This spans a variety of industries such as fishing, tourism, transport, biotechnologies, aquaculture, and renewable energies. Through this event, the European Commission aims to unlock the untapped potential of Africa’s blue economy, encouraging entrepreneurs to venture into this promising sector.
The BlueInvest Africa event anticipates the participation of around 200 on-site attendees, along with remote participants from both Africa and Europe, including investors and entrepreneurs.
For more details and to register, click here.