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EMFAF – Black Sea blue economy investment and innovation capacity building pilot – 2021

The European Maritime, Fisheries and Aquaculture Fund (EMFAF) supports the EU common fisheries policy (CFP), the EU maritime policy and the EU agenda for international ocean governance. It provides support for developing innovative projects ensuring that aquatic and maritime resources are used sustainably.

3.875 million euro

Appeal framework

Institution European Commission
Sectors Energy Tourism Transport
Regions European Economic Area
  • Non-EU countries that are part of the sea basin strategies targeted in this call for proposals:
    • Moldova, Ukraine, Russia, Georgia and Turkey.

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Priorities and funded actions


  • To strengthen the capacity of blue economy SMEs and start-ups to identify and tap into potential public/private investors;
  • To improve the visibility of investment opportunities in the Black Sea blue economy and capacity of public/private investors to identify SMEs and startups;
  • To develop stakeholder capacity to establish/enhance concrete cooperation and networking approaches and methods to improve the business environment and strengthen value chains;
  • To contribute to the development of a networked, multi-stakeholder blue investment and innovation ecosystem in the Black Sea.


  • Priority 1: To develop a supportive regional ecosystem with durable partnerships/network of Blue economy SMEs and start-ups, research organisations, maritime clusters, financing bodies, public/ private investors and other relevant members;
  • Priority 2: To design new, applicable and replicable methods/approaches to concretely support innovation in the blue economy in the Black sea;
  • Priority 3: To improve visibility of the role of, and funding opportunities offered by, various public/private institutions;
  • Priority 4: To increase the number of blue economy SMEs/start-ups actively seeking and applying for financial investment opportunities (e.g. BlueInvest);
  • Priority 5: To increase capacity of SMEs and start-ups, research organisations, maritime clusters to bring research and innovation results to the market.

Among financed actions

  • Carrying out a gap assessment (e.g. SWOT analysis) to define specific needs in the local areas targeted by the proposal;
  • Designing pilot capacity building activities and services that can address the identified gaps and contribute to an effective and networked blue investment and innovation ecosystem in the Black Sea;
  • Testing of the identified capacity building activities and services for SMEs, start-ups, funding and finance bodies and other stakeholders in the maritime economy;
  • Assessing the lessons learned, best practices and further opportunities that result from the pilot test and development of recommendations;
  • Networking with other EU project.

Additional information

  • This call for proposals is an open call for proposals.
  • Initial duration of the action: between 24 and 36 months.


  • Be a legal person;
  • Be a public or private entity;
  • Proposals must be submitted by a consortium of at least three applicants (beneficiaries; not affiliated entities), including at least two eligible non-EU countries participating in the CMA for the Black Sea;
  • The coordinator must be established in an EU Member State participating in the Common Maritime Agenda for the Black Sea (Bulgaria and Romania).
  • Amount of the grant: between 300,000 and 500,000 euro
  • Co-financing rate: up to 80% of the total eligible costs

Test your eligibility

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