African businesses interested in joining the blue economy can now apply for the BlueInvest Africa 2024 presentation. Thirty outstanding proposals will be shortlisted for presentation to an investment panel during the second edition of the event, which will be held in Kenya on July 3 and 4, 2024. The deadline for applications is January 26, 2024.
BlueInvest Africa 2024 commemorates the second edition of this important business event, which was launched by the European Commission in 2022. The goal of BlueInvest is to arrange meetings between African entrepreneurs seeking financing and international investors looking for opportunities, all focused on initiatives that might move Africa's blue economy ahead.
The term "blue economy" encompasses all sustainable economic activities occurring in marine or inland water environments, spanning traditional pursuits like fishing, tourism, and transport, as well as cutting-edge domains such as biotechnologies, aquaculture, and renewable energies.
BlueInvest Africa is also committed to promoting equitable and sustainable development, ensuring food security, and enhancing resilience to climate change.
Showcasing 30 Projects
The event will spotlight 30 "blue" projects to a panel of investors and stakeholders both physically present and online. The primary goal is to attract partners willing and equipped to foster the development of these projects.
Drawing inspiration from the past edition of BlueInvest Africa in Seychelles, the project presentations will be attended by various investor categories: international, regional, and national financial institutions; public and private institutional investors; international, national, and regional organizations; as well as diverse collective entities like business platforms, incubators, and business angels.
Calling on African Entrepreneurs
The call for projects targets companies established in Africa, officially registered, and already active in one or more sectors of the blue economy. BlueInvest Africa 2024 is also reaching out to African small, micro, and medium-sized enterprises (SMMEs) whose innovative ideas require support to flourish in African markets.
Projects submitted to the BlueInvest Africa selection committee must be under development. They should fall within a blue economy sector and be set for deployment in one or more African countries. Additionally, they must incorporate sustainability objectives, covering production, implementation, and the life cycle of the project.
An Engaging and Impactful Presentation
Each company will designate a representative or pitcher to present its project dynamically and persuasively. The event organizers will cover the travel and accommodation expenses of this representative, who will also benefit from coaching to ensure the quality, effectiveness, and appeal of their presentation. The best presentation will be honoured with an award at the closing ceremony of the event.
Applications must be submitted online on the BlueInvest Africa website before 26 January 2024. Prepare your arguments, visit the registration site, and submit your application promptly.
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