The 1st General Assembly of the Blue Bioeconomy Pact consortium, led by Inovamar and funded by the Recovery and Resilience Plan (PRR), took place in the auditorium of the Oceanário de Lisboa on May 29, 2023, with the presence of 80 of the consortium's 83 participating institutions. The event was marked by the presence of the Minister for the Economy and the Sea, António Costa Silva, who reiterated the commitment to the path of sustainability through the sea and, in particular, the blue bioeconomy, as well as the Secretary of State for the Sea, José Maria Costa.
InnovPlantProtect (InPP) is taking part in the Vertical Algae - Algae Production and Processing project, led by Necton, and integrated into the mobilizing agenda of the Blue Bioeconomy Pact, coordinating the activity linked to agriculture, in partnership with the GreenCoLab, The company was represented at the General Meeting by InPP's executive director, Pedro Fevereiro, who also represented Fertiprado due to its inability to attend.
The Vertical Algae consortium, which involves a total of 38 entities, including companies, universities, collaborative laboratories (CoLABs) and R&D centers, will have funding of 44 million euros, and aims to provide the national algae sector with the necessary capacity and competitive advantages, based on new sustainable products, processes and services, to compete in global markets and raise the national brand in the European blue bioeconomy.
Vertical Algae is co-financed by the NextGenerationEU program, through the Recovery and Resilience Plan (PRR), and is the largest initiative of the Blue Bioeconomy Pact agenda.
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