Description
Comprising 16 partner entities from 6 EU countries – PT, ES, BE, DE, NL, IE – the I3-4-SEAWEED project champions interregional collaboration aimed at scaling, demonstrating, and ensuring market readiness of business ventures within the macroalgae / seaweed sector.
Combining the strengths of innovative SMEs, universities, tech hubs, and industry clusters, the project envisions a transformative, transnational value chain rooted in new sustainable seaweed cultivation techniques and algal biotechnological applications.
As an untapped reservoir of potential, seaweed not only embodies the promise of sustainable innovation but also holds the power to reshape regional development, in particular in coastal areas and maritime regions of the EU. Through the project’s investment cases – spanning the food industry, biofertilizers, and cosmetics – seaweed demonstrates its vast versatility and potential to revolutionize multiple sectors, marking a paradigm shift towards a more sustainable future, from healthier diets to lower CO2 emissions.
To deliver on these investment cases, I3-4-SEAWEED will provide capacity-building, demonstrations, technical support, business matchmaking and support to the development of go-to-market market strategies tailored to the needs of each business case promoter. In parallel, the consortium will design and launch a cascade funding programme to support 30 innovative SMEs and start-ups, confronting market and technical barriers, while ensuring the boosting of the ecosystem across Europe.
The consortium will establish the basis of a transnational “Seaweed Food Innovation Network Centre”, envisioned as a permanent innovation and financial advisory hub for SMEs and regions engaged in interregional cooperation within the seaweed value chain. Ultimately, this project seeks to amplify interregional competitiveness by bridging the innovation gap across regions, committed to fully harness the potential of seaweed in Europe.
ACRONYM
I3-4-SEAWEED
REFERENCE
ID: 101161142
PROGRAM/CALL
Interregional Innovation Investments Instrument (I3)
STATUS
Active
START/END DATE
01/09/2024 – 31/08/2027
WEBSITE
https://www.linkedin.com/company/i3-4-seaweed/
TOTAL BUDGET
€ 8.999.003,88
COLAB BUDGET
€ 193.251,74
LEADER INSTITUTION
F6S EU TECH INNOVATION NETWORK DESIGNATED ACTIVITY COMPANY