EU – Baltic States, Forum, Innovations, Technology
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Friday, 29.03.2024, 08:01
Accelerator for Blue Growth is looking for blue startups
Accelerator for Blue Growth, connecting more than 1,000
experts and over 70 scientific institutions, is giving a significant boost for
unlocking this potential in the Baltic Sea Region (BSR) – with its help
innovative ideas are turned into new products or services.
In the European context, Blue Growth and the Blue Economy
are becoming increasingly important concepts that influence many economic and
social mechanisms and receive a great attention from policy makers on national
and regional level. Regulatory mechanisms seek to prevent the reckless
exploitation of natural resources, but at the same time, the region seeks to
stimulate industries that might identify new business niches, create high value
and new jobs.
The foundation for positive processes has already been laid.
Founders of the Accelerator for Blue Growth took into account that BSR
countries have accumulated knowledge, competencies and developed infrastructure
that is crucial for the breakthrough – universities, modern laboratories and
research centers are valuable resources for the Blue Growth startups and SMEs
as well as business development support. Partners joined forces to make all of
these human and infrastructural potential accessible to promising businesses.
Accelerator for Blue Growth is operated by SUBMARINER
Network, a hub promoting sustainable use of marine resources. The platform is
coordinated by partners from the Baltic Sea Region countries (Sweden, Finland,
Estonia, Latvia, Lithuania, Poland, Germany, Denmark), who have an extensive
network of contacts with all BSR universities, research institutes and laboratories,
working in the fields related to Blue Growth. A pool of mentors ecompasses
scientific and commercial experts.
“Over the last years we have accompanied more than 30 Blue
Growth ideas and mentored over 15 startups, offering a range of support services
such as research, infrastructure and equipment, biological resources, business
development, communication, promotion and legal advice. Startups are welcome to
join and give a boost for their success story. Accelerator accepts participants
in different stages of their development – from biodiscovery, R&D,
upscaling to product development and commercialization. With our transnational
approach we have proved to be able to achieve at least one step further in the
value chain for each startup attending our mentoring programme“, says Angela
Schultz-Zehden, Managing Director at SUBMARINER Network.
In addition to the well-developed scientific research bases,
the Baltic Sea Region has an extensive network of business support
institutions. It is much easier to access important financial assistance
mechanisms and potential investors through the Accelerator for Blue Growth, so
the outreach of the involved startups is more efficient – from Berlin to
Klaipeda, from Stockholm – to Hamburg, Helsinki, Tallinn, Riga or Copenhagen.
"By engaging in the activities of the Accelerator for
Blue Growth and together with Klaipeda University representing Lithuania on
this platform, we offer our experience and resources, and at the same time we
get a lot of value back. Lithuania has a limited market, so the opportunity for
start-ups to look up to several countries at once is very important and gives a
big boost to their growth”, emphasized Andrius Sutnikas, Development
Manager at Klaipeda Science and Technology Park.
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