Network of regional maritime clusters for the smart specialization of the blue economy
Grant Agreement MAC/2.3d/007
Type: INTERREG MAC 2014-2020 | 1st Call
Duration: 48 months (01/11/2016 - 30/11/2020)
Status: Ongoing
Coordinator: Sociedad de Promoción Económica de Gran Canaria, Canary Islands, Spain.

CMC -Cluster Marítimo de Canarias (Canary Islands – Spain)
CETECIMA – Centro Tecnológico de Ciencias Marinas (Canary Islands – Spain)
Plataforma Oceánica de Canarias (PLOCAN) (Canary Islands – Spain)
ARDITI – Agência Regional para o Desenvolvimento da Investigação, Tecnologia e Inovação (Madeira – Portugal)
ACIF-CCIM – Associação Comercial e Industrial do Funchal / Câmara de Comércio e Industria da Madeira (Madeira – Portugal)
FRCT – Fundo Regional para a Ciência e Tecnologia (Azores – Portugal)
CCIA – Camara do Comércio e Indústria dos Açores (Azores – Portugal)

Third-Parties Participants
ENAPOR S.A. (Cape Verde)

Associated Partners
DRAM – Direção Regional dos Assuntos do Mar (Azores – Portugal)
SmartBay Ireland, Ltd. (Other Countries)

Aim of the Project:

The SmartBlue project aims to increase marine-maritime companies’ competitiveness in the MAC cooperation area, by creating a network of suprarregional clusters and maritime agents that promote innovation and internationalization processes and taking advantage of the synergies, capabilities, and resources.

FRCT Involvement:
Within the scope of this project, the FRCT was responsible for development of the Regional Blue Economy Strategy - Strategic Plan (sectorial characterization report, economic impact, diagnosis, strategy, etc.). For the development of this plan, FRCT hired SIMBIENTE-Açores, in the amount of € 23,730.00 + VAT.

FRCT is also responsible to support all the activities of SmartBlue, such as
the monitoring the development of studies to characterize and promote the Maritime Cluster of the Azores (viability, benchmarking, sectorial characterization, operating model, promotion of agents, monitoring the development of a diagnosis of the subsectors and capacities (assets and teams, technicians, professionals, etc.) to be offered in the Azores, as well participate and support all the events organized on behalf of this project.
Also, under of SMARTBLUE, FRCT is member-founder of the Macaronesian Maritime-Maritime Alliance which aims to promote socio-economic activity, sustainable investment and growth based on scientific and technical knowledge in the maritime-maritime domain, for the mutual benefit of all Parties, through an active regional, national and international collaboration.

Impact on the Azores Region:
The SMART BLUE project is a structuring project whose actions are planned so that its results and impact do not end in its time and scope of action, with the following multiplier effects expected: New business opportunities and services; Complementarity of value chains in participating regions; Increased innovative culture in marine-maritime companies; Systematization of the experimental development and innovation processes of companies; Tractor effect (indirect and induced) in other non-marine or transverse activities; Funding and international investment; Knowledge and technology transfer.

The regional financial impact is 127,776.84 €

Regional Stakeholders Involved: DRAM; CCIA
Financial Overview
Consortium Budget
Partners Contribuition EU Contribuition Total
149 562,92€ 847 523,23€ 997 086,15€
FRCT Budget
19 166,53€ 108 610,31€ 127 776,84€