Launch of ‘EU Blue Champions’ scheme to support innovative projects

A new pilot scheme, 'EU Blue Champions', is being launched by the European Commission in collaboration with the European Investment Bank (EIB).

Supported by the BlueInvest platform, and in collaboration with the EIB Advisory Services, this initiative aims to provide financial advisory to selected projects in the blue economy. Each project selected should display the potential to contribute strongly to the EU Mission ‘Restore our Ocean and Waters’ and its three objectives:

- restoring marine and freshwater ecosystems and biodiversity,

- eliminating pollution,

- decarbonising the blue economy.

The aim is to identify 20 innovative projects, which have the potential to interest public or private finance providers and possibly qualify for EIB financing. To be eligible, projects need to be aligned with at least one of the Mission’s objectives.

Interested project promoters are welcome to fill out the template with their details and submit it to the EIB Advisory team at corporatefinanceadvisoryeib [dot] org (corporatefinanceadvisory[at]eib[dot]org) before 31 January 2024.

Please note that only projects eligible for support under the InvestEU Advisory Hub will be considered.