Blue Economy ClimAccelerator Malta
Join our journey to blue-tech success and
shape a sustainable future for our oceans!
CALL IS NOW OPEN!
We welcome startups developing blue solutions in the following areas:
Coastal Tourism
Blue Biotechnology
Marine Living Resources
Port Activities
Marine Renewable Energy
Maritime Transport
Why Join?
Access Equity Investors for up to €1.5M: Make your business proposition and pitch deck shine, showcase your breakthrough solution to our global investors' network.
Access Public Funding for up to €1M: Unlock the potential to apply for European and Maltese funding, fuelling further development of your innovative venture.
Access up to EUR 500,000 funding: Qualifying startups can benefit from the Malta Venture Capital program to match their private equity investment.
Partnerships: Access our extensive private and public sector partners' network, both in Malta and internationally, for joint R&D, MVP pilots and consortia development for EU funding purposes.
Pitching Competition: Cash prize for the winner + tailored support to access up to EUR1Mn public funding.
Malta Residentials: 3 fully funded weeks in Malta packed with exclusive workshops and guest speakers, 1-to-1 coaching, networking events, and access to state-of-the-art Deep Tech Lab in one of the prime global maritime ecosystems.
Business Development: Comprehensive support in reaching international markets, develop new sales channels and boost sales growth.
Climate Impact Forecast: Specialist workshops and tools to measure the climate and environmental impact of your solution, in line with UN SDG goals and EU Green Deal objectives.
Tailored Mentoring: Personalized one-to-one mentoring designed around your specific needs and requirements, helping you navigate the challenges of scaling your venture and readying you for success.
Post-program Support: Investors negotiations, public funding applications and MVP pilots may run past program completion. We continue supporting and advising you after program ends, we will not just say ‘good bye’…
Climate-SAFE agreement: Startups that have graduated from the program can benefit from the Climate-SAFE / Climate Validation investment agreement and a €50K equity investment as a service package provided by the EIT Climate KIC.
The Program
Am I eligible?
- Is my solution scalable with potential to be applied internationally and grow globally?
- Does my product / service have the potential to generate income from various international markets?
- Was my venture registered not earlier than 31 October 2017?
- Do I have the necessary (academic/scientific) competences to deliver the solution?
- Do I have a prototype ready to be piloted? In other words, is my startup at Technology Readiness Level (TRL) 6 or above?
- Do I have a case to show potential impact of my solution on the Blue Economy ecosystem?
- Would I consider the benefits of incorporating in Malta?
Success Stories from Around the World
PERFOMAX
Vessel performance transparent and simple, as it should be!
Website: https://perfomax.io/
Location: Singapore, Malta
Solution: AI-powered fuel optimisation platform for maritime professionals
Impact: Over 11% CO2 emissions reduction (over 3100 tons of CO2 per vessel / year on average), 8% reduction on fuel consumption (over EUR 300 000 per medium-size vessel / year average)
Success Story
Generated funding in 2023: EUR 500 000
60% year-on-year sales increase, 2023-2024
Bound4blue
Reducing shipping emissions through wind-assisted propulsion solutions.
Website: https://bound4blue.com/en/
Location: Spain
Product: Rigid wing-sails for vessels
Impact: Reducing fuel consumption and pollutant emissions by up to 40%
Success Story
Generated funding in 2020: EUR 5 800 000
Top 50 Entrepreneurs, 2019 Forbes 30 under 30 Europe
PlanBlue
"The seafloor is not a place where we live as people, so automatically it's not so much on the radar...but it should be!". Joost den Haan
Local action, global impact!
Scaling Cleantech Start-ups to help our oceans
and reduce carbon emissions with the
Blue Economy ClimAccelerator Malta
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