Projects

FANBEST
Funding Atlantic Network for Blue Economy Technology Transfer
Type: INTERREG | Espaço Atlântico
Duration: 36 months (01/01/2019 - 31/12/2021)
Status: Ongoing
Coordinator: University of Santiago of Compostela, Spain.
Consortium:

Partners

USC – Universidade de Santiago de Compostela. Research Group of Applied Financial Valuation (Spain)
GMCC – Greater Manchester Chamber of Commerce (United Kingdom)
University of Exeter – Business School (United Kingdom)
IT Tralee – Centre for Entrepreneurship and Enterprise Design. Institute of Technology Tralee (Ireland)
DCU Ryan Academy (Ireland)
FRCT – Fundo Regional para a Ciência e Tecnologia (Portugal)
Orange Bird Crowdfunding (Portugal)
Oceáno Azul (Spain)
Atlantpole (France)
Vertigo Lab (France)

Associated partners

Local Enterprise Office Kerry (Ireland)
Cornwalll Chamber of Commerce (United Kingdom)

Aim of the Project:

The project’s objective is to foster the technology transfer to SMEs in blue biotechnology and exploitation of marine resources by creating a network of public and private entities focused on the fund raising that make possible the start and scale-up phase. Funds such venture, business angels, participatory loan or crowdfunding will be offered by tools and services, so that the technologies and innovations “made in Atlantic regions” can reach the market turned into successful business projects.

FRCT Involvement:
FRCT will provide support in the general coordination of work packages, communication, capitalization, dissemination and spreading the results of the project and includes the participation in the transnational training programme and development of other tools and actions to recruit the key-stakeholders.
FRCT will also organize a public event as part of WP2 to disseminate the project and to bring together innovative business and investors in the blue sector.
Financial Overview
Consortium Budget
Partners Contribuition EU Contribuition Total
648 409.09€1 945 227.27€2 593 636.36€
FRCT Budget
FRCT CONTRIBUITION EU Contribuition Total
26 342.59€79 027.77€105 370.36€