PLAN | Recovery and Resilience Plan (PRR)

STRUCTURING DIMENSION | RE. Resilience

SCOPE | C05. Capitalisation and Business Innovation

INVESTMENT TITLE | RE-C05-i01.01 – Mobilising Agendas/Alliances for Business Innovation

CONSORTIUM LEADER | Inovamar, SA.

START DATE | 01-10-2021

END DATE | 31-12-2025

TOTAL INVESTMENT | 133.084.957,80€

MRR* INCENTIVE / NEXT GENRATION EU | 93.838.407,60€

* Recovery and Resilience Mechanism

DESCRIPTION OF THE AGENDA

The Blue Bioeconomy Pact represents a commitment to a new sustainable, innovative, and decarbonizing paradigm, finding in the ocean a solution to the global challenge of scarce terrestrial resources. It brings together various national industries with the intention of developing innovative products, processes, and services derived from blue bioeconomy resources. These developments aim to positively affect the environment, consumer lives, and national exports.

The investment will be channelled into 7 sectors, ranging from the application of biomaterials to the new paradigm for bivalve production, marine-based textiles, sustainability in the food sector, increased algae production, circular feeding solutions, to bioinformatics for the fisheries sector. Additionally, 3 cross-cutting initiatives are designed to accelerate the development and commercialisation of products and services within the sector: the Portuguese Blue Biobanks network, a digital platform for the valorisation of marine co-products, and the promotion of growth and internationalisation of companies and SMEs.

It will invest in 7 sectors – through the application of biomaterials; a new paradigm for shellfish production; marine-based textiles; sustainability in the food sector; increasing algae production; circular food solutions; bioinformatics for the fisheries sector – and in 3 transversal initiatives aimed at accelerating the development and commercialisation of products and services in the sector – the Portuguese Blue Biobanks network, a digital platform for the
valorisation of marine co-products, and at promoting the growth and internationalisation of companies and SMEs.

This investment aims to:

  1. Boost the development of a cutting-edge industrial economic sector based on the application of marine bio-resources across multiple industries
  2. Be the first major sample of the transversal and ecological potential of marine biotechnology solutions
  3. Aid in position Portugal as a global frontrunner in a sector projected to reach a global value of €200 billion by 2030
  4. Realise the significant opportunity for growth and innovation in maritime industries (aquaculture, fisheries, canning) and in distinguishing traditional Portuguese industries that are currently distanced from the sea (textiles, cork, fertilisers, human health)

BENEFICIARY ENTITY | SEAentia-Food, Lda.

VERTICAL | FISH

INVESTMENT (BENEFICIARY) | 324.436,25€

INCENTIVE (BENEFICIARY) | 254.449,00€

OBJECTIVES, ACTIVITIES AND EXPECTED RESULTS

SEAentia is part of Vertical Fish, one of the 7 sectors of the Blue Bioeconomy Pact, which aims to develop biotechnology and artificial intelligence tools that improve food safety and efficiency in the sector, avoiding waste.

A primary objective is to enhance the traceability of fish catches and facilitate the early identification of parasites in wild fish. The project aims to develop an intelligent system for monitoring and visualising fish throughout the entire supply chain—from capture to consumer.

Additionally, it plans to introduce innovative digital and biomolecular technologies, such as DNA barcoding, alongside biomolecular markers. These advancements are intended to pinpoint issues, thereby boosting the supply chain’s efficiency, transparency, and traceability.

More information | Oficial Website

https://verticalfish.pt/en/

Last update: July 2023