Promoter: Calouste Gulbenkian Foundation and Oceano Azul Foundation
Territorial reach: International
Target audience: Startups linked to biotechnology/blue bioeconomy 
SDG: 8. Decent work and economic growth, 12. Responsible consumption and production, 14. Life below water

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Blue Bio Value is the first major joint initiative launched by the Calouste Gulbenkian and the Ocean Azul Foundations. It is an acceleration and incubation programme for companies in the blue bioeconomy sector. The programme’s primary goal is to pave the way for Portugal to become a global leader in the marine biotechnology industry.

The programme supports entrepreneurs with commercially viable projects that use marine resources sustainably and help tackle today’s major societal challenges.

Blue Bio Value focuses on four challenges:

1) feed growing populations sustainably;
2) climate change and CO2 emissions control;
3) population ageing and well-being;
4) scarcity of resources and reduced plastic use.

All products and services accelerated by Blue Bio Value must safeguard and/or promote ocean sustainability.

Sustainable Development Goals

This project contributes to the following SDG targets:

Target 8.3

Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services

Target 12.2

By 2030, achieve the sustainable management and efficient use of natural resources

Target 14.a

Increase scientific knowledge, develop research capacity and transfer marine technology, taking into account the Intergovernmental Oceanographic Commission Criteria and Guidelines on the Transfer of Marine Technology, in order to improve ocean health and to enhance the contribution of marine biodiversity to the development of developing countries, in particular small island developing States and least developed countries

Partnership