Blue Bioeconomy Innovation Pact

Main Objective | To promote the development of sustainable innovative products from marine resources

Project ID | Innovation Pact Nº. C644915664-00000026

Dimension | Resilience

Component | Investment and Innovation

Investment | Agendas Mobilizadoras para a Inovação Empresarial – Call N.º 02/C05-i01/2022

Intervention Area | Algarve

Beneficiary Entity |  Sea4Us – Biotecnologia e Recursos Marinhos, SA.

Starting date | 2022-07-01

Ending date | 2025-12-31

Total Elegible Cost |  793.549,12€ (133M€ consortia)

Financial support from the Funding Programs | 634.839,3 € (94M€ consortia)

Goals, Activities, and Results

The World needs a new economic model that generates economic growth by decoupling raw materials from natural resources. With this critical mission in mind, the Pacto da Bioeconomia Azul embraced the challenge of reindustrializing Portuguese industries through the integration of blue biotech solutions in value chains, leveraging the sustainable use of marine bioresources to increase added value through decarbonizing innovation. This Consortium will bring the Ocean to shelves by investing in 7 sectors – Biomaterials; new paradigm for Bivalves production; marine-based Textiles; sustainability in the Food sector; scale up Algae production and development of algae-derived products; circular Feed solutions; bioinformatics for the Fishing sector– and 3 transversal initiatives overarching projects aimed at accelerating the development and commercialization of products and services of the sector – the Portuguese Blue Biobanks network, a digital platform for the valorization of marine co-products, and promotion of startups and SMEs’ growth and internationalization.

Sea4Us is Leader of the Subvertical “High Value Applications” within Vertical “Algae”. Our mission is to discover new bioactive compounds from algae-derives resources and develop new ingredients and products for the cosmeceutical and nutraceutical markets.