The European Maritime and Fisheries Fund launched a new call to support the sustainable development of the blue economy SMEs across the EU.

Grants will address the challenge of developing and bringing to market new products, services and business models for SMEs that could ultimately create profitable activities. Projects need to involve the sustainable use of marine resources for innovative and/or circular economic activities and contribute to healthy oceans and Europe’s “Green Deal.” They may include deploying, demonstrating or scaling-up new solutions for the blue economy including technologies and service applications.

SMEs can apply as single entities or consortia and can get between €700,000 and €2,500,000 for their projects. The overall budget is €22.5 million. Any for-profit SME based in the EU (single participant or a member of a consortium) can apply.

Deadline is February 27, 2020. More information and application here.