Plan | Recovery and Resilience Plan (PRR)
Structuring dimension | RE. Resilience
Support | C05. Capitalization and Business Innovation
Investment Designation | RE-C05-i01.01 – Mobilizing Agendas/Alliances for Business Innovation
Consortium Leader | Inovamar, Lda.
Agenda Description |
Defending a new sustainable, innovative and decarbonizing paradigm, which finds in the sea a response to the challenge of the global scarcity of terrestrial resources, and bringing together various national industries, the Blue Bioeconomy Pact envisages developing new products, processes and services resulting from the incorporation of goods from the blue bioeconomy in new or existing value chains, with a positive impact on the environment, consumer lives and national exports. It will invest in 7 sectors – through: application of biomaterials; new paradigm for bivalve production; marine-based textiles; sustainability in the food sector; increased algae production; circular power solutions; bioinformatics for the fisheries sector -, and in 3 transversal initiatives aimed at accelerating the development and commercialization of products and services in the sector – the Portuguese network Blue Biobanks, a digital platform for the valorization of marine co-products, and promoting growth and internationalization of companies and SMEs.
Therefore, the planned investment aims to (i) Boost the development of a cutting-edge industrial economic sector, based on the application of marine bioresources to multiple industries; (ii) Be the first major example of the transversal and ecological potential of marine biotechnology solutions; (iii) Contribute to positioning Portugal in the global context, as a pioneer in a sector that is estimated to reach €200 billion globally in 2030; (iv) Materialize the great opportunity for growth and innovation in marine industries (aquaculture, fishing, canning) and differentiation from traditional Portuguese industries that are currently far from the sea (textiles, cork, fertilizers, human health).
Starting | 01-10-2021
Conclusion | 31-12-2025
Total Investment | 133.084.957,80 €
MRR Incentive (Recovery and Resilience Mechanism) / Next Generation EU | 93.838.407,60 €
Beneficiary Entity | AQUALGAE SOCIEDADE LIMITADA – SUCURSAL EM PORTUGAL
Investment (Beneficiary) |217.637,05€
Incentive (Beneficiary) | 152.363,64€
Objectives, activities and expected results |
New product: new high-performance photobioreactors (PBRs) for the high-performance bivalve’s hatchery
Services: design and development of a new concept of high-performance microalgae production unit for bivalve’s hatchery.
New product: biofertilizer developed for marine microalgae for a full certified end bioproduct (bivalve BIO)
Product: new automated CIP equipment for PBRs of the large scale high performance hatchery.
Service: design and development of a new concept of high-performance bivalves’ hatchery – large scale
Current situation| Ongoing (oct-23)