Madeira Islands is committed to the development of an innovation ecosystem in the area of the BLUE ECONOMY and in that sense, several public and private entities, in partnership with Fórum Oceano (Portuguese Sea Cluster, certified and recognized by the Ministry of Economy and Sea) have joined forces to create the HUB Azul Madeira, a project that includes an international call that aims to attract, already in 2024, 10 international startups to work in the economy of the sea.
Companies that accept the challenge of relocating to Madeira Islands, or regional startups that are developing projects in the sustainable blue economy, will be supported by Startup Madeira and may use facilities at the Port of Caniçal provided by APRAM.
What should you expect?
Participating in the Bootcamp (24 >26 January, 2024) requires that the team is present physically in Madeira Island, with the objective of working and sharing the business experience with other startups and with local mentors. During the Bootcamp, all participants will be assisted and accompanied by local hosts.
To sum it up...
The HUB Azul Madeira program aims to create a knowledge and innovation hub, specialized in the Blue Economy, in Madeira Island, generating, multiplying, and
benefitting from ecosystem effects in these industries
The Hub Azul Madeira program is divided in 2 sequential stages: Bootcamp and Implementation.
The Bootcamp stage will take place on the 24, 25 & 26 of January 2024.
It aims at welcoming and working with a group of Blue Economy-related startups and will be used to develop its strategies, business models, products and/or processes and align them with the aims of the Hub Azul Madeira program.
IMPLEMENTATION
It aims at supporting the selected startups in establishing themselves and operating permanently on the premises of Hub Azul Madeira, located in the Caniçal Area, Madeira Island.
Participation in the Implementation stage is voluntary, meaning that startups are allowed to reject participation in the Implementation stage if they are selected after the Bootcamp.