Madeira is currently focused on developing an innovative ecosystem in the area of Blue Economy. In that sense, several public and private entities, in partnership with Fórum Oceano and Startup Madeira, joined forces to create the Hub Azul Madeira, a project that includes an international call which pretends to attract, already on 2024, 10 international startups to work on the Blue Economy. The project will be officially presented this Friday, May 12th, from 14:30, at Salão Nobre do Governo Regional.

The companies that accept the challenge to relocate to Madeira, or local startups developing sustainable blue economy projects, will be supported by Startup Madeira and will be able to use the space of APRAM, in the Caniçal Port.

The aim is that startups can settle in Madeira, work from the island, use the local infrastructure, and benefit from the local talent. The central objective is to develop a creative ecosystem, related to the sustainable blue economy, namely in the areas of robotic, precision fishing, shipping - benefiting from Madeira's International Shipping Register, by SDM - and in other areas related to the blue economy, as a producer of profit and positive environmental impact.

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