The USC promotes the internationalisation and the technological development of the blue economy through FAN-BEST

The USC promotes the internationalisation and the technological development of the blue economy through FAN-BEST

At the event Support for the Atlantic blue economy, held in Santiago de Compostela, the new actions of the European project were presented.

The University of Santiago de Compostela is committed to promoting actions that strengthen the sea and the oceans as economic engines.

FAN-BEST, financed by the Interreg Atlantic Area programme, is the result of a consortium made up of partners from Spain, Portugal, France, the United Kingdom and Ireland.

 

Santiago de Compostela, 16 June 2022. The European project FAN-BEST, led by the University of Santiago de Compostela (USC), will launch new activities to boost the internationalisation of entrepreneurial projects and startups related to the blue economy. In addition, the project envisages the implementation of new support services for the technological development of the sector. This was announced at the conference Support for the Atlantic blue economy, which was held this morning in Santiago de Compostela and whose inauguration was led by the General Technical Secretary of the Department of the Sea, Silvia Cortiñas.

“The University has to be connected with companies”, said David Rodeiro, coordinator of FAN-BEST and member of the Applied Financial Valuation Research Group of the USC, “next July we start the extension of the FAN-BEST project, we want to mobilise funds for the blue economy but also to establish new strategies from a political point of view to strengthen the sector”.

Specifically, the FAN-BEST project envisages the implementation of an internationalisation programme starting next September. It will also provide support for companies to turn their ideas into commercial products. In this sense, the experts who participated in the conference emphasised that “the blue economy opens up many opportunities for companies, and FAN-BEST can pave the way for new financing instruments”.

The conference highlighted the importance of the sea for the mobility and traffic of goods. The manager of the Galician Logistics Function Cluster, Iago Domínguez, stressed that “the blue economy sector is a very interesting field, new technological developments are needed and new knowledge must be attracted through entrepreneurs and startups”.

The FAN-BEST project, which is funded by the Interreg Atlantic Area programme, is the result of an international consortium involving partners from Spain, Portugal, France, the UK and Ireland.