Open Call: Blue Economy ClimAccelerator Programme

Focus Areas 

• They welcome startups developing blue solutions in the following areas:
  • Blue Biotechnology
  • Coastal Tourism
  • Marine Living Resources
  • Marine Renewable Energy
  • Maritime Transport
  • Port Activities

Program Benefits

• Access Equity Investors for up to €1.5M: Make your business proposition and pitch deck shine, showcase your breakthrough solution to our global investors’ network.
• Access Public Funding for up to €1M: Unlock the potential to apply for European and Maltese funding, fuelling further development of your innovative venture.
• Access up to EUR 500,000 funding: Qualifying startups can benefit from the Malta Venture Capital program to match their private equity investment.
• Partnerships: Access our extensive private and public sector partners’ network, both in Malta and internationally, for joint R&D, MVP pilots and consortia development for EU funding purposes.
• Pitching Competition: Cash prize for the winner + tailored support to access up to EUR1Mn public funding.
• Malta Residentials: 3 fully funded weeks in Malta packed with exclusive workshops and guest speakers, 1-to-1 coaching, networking events, and access to state-of-the-art Deep Tech Lab in one of the prime global maritime ecosystems.
• Business Development: Comprehensive support in reaching international markets, develop new sales channels and boost sales growth.
• Climate Impact Forecast: Specialist workshops and tools to measure the climate and environmental impact of your solution, in line with UN SDG goals and EU Green Deal objectives.
• Tailored Mentoring: Personalized one-to-one mentoring designed around your specific needs and requirements, helping you navigate the challenges of scaling your venture and readying you for success.
• Post-program Support: Investors negotiations, public funding applications and MVP pilots may run past program completion. They continue supporting and advising you after program ends, they will not just say ‘good bye’.
• Climate-SAFE agreement: Startups that have graduated from the program can benefit from the Climate-SAFE/Climate Validation investment agreement and a €50K equity investment as a service package provided by the EIT Climate KIC.

Who they are looking for?

• Looking for companies:
  • in Aquaculture, Sustainable Tourism, Cruises, Renewable Energy, Maritime, Port Operations, Marine Propulsion Systems, Marine Power Systems, Maritime Transport, Maritime Shipping, Maritime Logistics, Ocean Ecology, Maritime Energy, BlueTech, Blue Economy, Fishery, Blue Biotechnology
  • located in Africa, Asia, Australia/NZ, Caribbean, Eastern Europe, Europe, Middle East, North America, South America
  • incorporated
  • prototype, users or paying users stage
  • Angel, Pre-seed, Seed or Series A
  • have raised funding or not
  • currently raising or not raising funds
  • have revenue or not

Eligibility Criteria

• Globally scalable solutions.
• Market potential across multiple regions.
• Legally incorporated after Oct 31, 2017.
• Founders’ expertise.
• TRL 6+ and interest in incorporating in Malta.

For more information, visit MALTAccelerate.