FANBEST

Funding Atlantic Network for Blue Economy Technology Transfer

A common challenge

The Atlantic Area business environment is composed mainly of SMEs whose innovation capacity is undermined:

• DISCONNECTION BETWEEN THE BUSINESS ENVIRONMENT AND THE INNOVATION SYSTEM and lack of knowledge from both sides: market agents regarding the lines of research and its results and research centers about the market and business potential.
• DIFFICULTY for the Atlantic Area companies linked to the maritime economy TO ACCESS EXTERNAL FINANCING to undertake innovative projects and developing value products.

This factor can block their possibilities of growing, to move forward to the “scaling-up phase” and to become more competitive on a global market.