Portugal Blue / Growth Blue I — Blue Economy VC Vehicle
Provides Portugal Blue Growth Blue I Blue Economy venture capital Vehicle supporting practical outcomes through targeted collaboration.
Portugal Blue / Growth Blue I is a €28 million blue-economy equity fund signed in March 2023, co-financed by Fundo Azul acting as a limited partner alongside the European Investment Fund (EIF) and Banco Português de Fomento (BPF). Investments are deployed via Portugal Ventures and BPF/EIF intermediaries — this is not a direct-application scheme managed by Fundo Azul. Founders seeking blue-economy equity in Portugal should approach Portugal Ventures or BPF directly. Fundo Azul's role is as an LP anchor investor only. No open application call is managed on the Fundo Azul website for this vehicle.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.