Summary
- Profile Type
- Technology request
- POD Reference
- TRMT20231023009
- Term of Validity
- 23 October 2023 - 22 October 2024
- Company's Country
- Malta
- Type of partnership
- Commercial agreement with technical assistance
- Targeted Countries
- All countries
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General information
- Short Summary
- The Maltese development agency is a business support organisation that supports startups and companies addressing Sustainable Development Goals. It is currently running an international initiative, focused on global ocean challenges [SDG14 "Life below Water"] and thus seeks to identify and financially assist technological solutions for feasible business projects that actively contribute to one or more SDG14 targets.
- Full Description
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Through the launch of the Blue Med initiative, the agency invites enterprises having innovative commercial solutions that address SDG14 – “Life below water: Conserve and sustainably use the oceans, seas and marine resources for sustainable development” to participate in the first edition of its Sustainable Development Goal Challenge.
This initiative is an exciting opportunity for start-ups, scale-ups, and SMEs to showcase innovative solutions that contribute preserving and revitalizing our oceans and marine life. SDG14 strives to conserve and sustainably utilize the oceans, seas, and marine resources for sustainable growth. This challenge aims to gather innovative solutions that embrace this mission, offering a platform for forward-thinking ventures to showcase their ideas and concepts that can potentially revolutionize the way we interact with our seas and the marine environment.
Through this international challenge, it aims to attract proposals for the development and implementation of innovative technological solutions in ocean related activities such as:
• Blue Tech and Ocean Observation: Cutting-edge marine conservation technologies that monitor, protect, and restore marine ecosystems. This track focuses on solutions such as ocean monitoring systems, ocean data collection, modelling and prediction, coastal environment restoration techniques, and plastic waste reduction technologies.
• Ocean Pollution Mitigation: Approaches to combatting ocean pollution. Whether it’s advanced waste
collection systems, plastic alternatives or efficient recycling solutions, this track aims to reduce the harmful impact of pollution on marine life.
• Blue Biotechnology: Methods for responsible and sustainable aquaculture practices, such as remotely operated vehicles for aquaculture purposes, and alternative feed sources. From smart fish farming systems to eco-friendly seafood production, this track seeks to address food security and resource management.
• Blue Economy Innovation: Business activities that while aiming for economic growth safeguard the oceans. This track encourages sustainable business models, eco-tourism initiatives which may include digital platforms for tourism services and activities, virtual and/or augmented reality in hospitality and coastal navigation, as well as value chain innovations that benefit both society and the marine environment.
• Blue Renewable Energy: Technologies including the production of smart components and digitalisation of maintenance that harness the power of ocean resources to generate renewable energy, whilst addressing the energy needs of coastal communities and marine-related industries, and ensuring the long-term health of marine ecosystems.
Applicants for the SDG14 challenge should be aware of the following timelines:
• 20th September 2023: Launch of the SDG14 Challenge
• 12th January 2024: Closing of applications
• January 2024: First evaluation of projects
• February-March 2024: Request to deliver a pitch, if required
• March 2024: Request to submit additional information, if required
• May 2024: Announce winners - Advantages and Innovations
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- Expert Guidance: Benefit from mentorship and guidance from industry experts, through the agency's collaboration with the World Ocean Council and Sustainable Ocean Alliance.
- Recognition & Networking: Showcase your business innovative project during the awards ceremony and receive recognition for your commitment to SDG14. During this event, a number of potential partners and collaborators in the sustainability and entrepreneurship space will be invited to attend.
- Funding Opportunities: gain access to funding options to accelerate the development and implementation of winning solutions. The agency has dedicated a budget of €4,000,000 to support a number of companies which demonstrate projects that encompass significant innovation to address SDG14 aspects and are deemed feasible, scalable, and sustainable [refer to the official guidelines for more detailed info on how this financing is deployed] - Sustainable Development Goals
- Goal 14: Life Below Water
- IPR description
- The agency is open to all sorts of solutions as long as they are directly related to SGD 14 challenges.
Partner Sought
- Expected Role of a Partner
- The partners can be a startup, a micro-company or an SME, but they need to have insight and technical expertise on the issues undermining global oceans and life below water, and can significantly demonstrate feasible and innovative solutions relevant to these concerns.
- Type and Size of Partner
- Big companySME 11-49SME <=10OtherSME 50 - 249
- Type of partnership
- Commercial agreement with technical assistance
Call details
- Coordinator required
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Yes
Dissemination
- Technology keywords
- 07003001 - Aquaculture010002009 - Water Pollution / Treatment10002005 - Biodiversity / Natural Heritage07003003 - Marine Science
- Market keywords
- 05008001 - Marine products05009002 - Fish health05008003 - Marine oils09001007 - Other transportation
- Sector Groups Involved
- Mobility - Transport - AutomotiveProximity & Social EconomyMaritime Industries and ServicesTourismRenewable EnergyDigital
- Targeted countries
- All countries
Files
Request overview
English