Working together for a green, competitive and inclusive Europe
SIMshore project is funded by the EEA Grants support to Portugal, under the Blue Growth Innovation and SMEs (Blue Growth) program operated by the Portuguese Directorate-General for Maritime Policy of the Ministry of the Sea (DGPM). The main objective of Blue Growth is to finance enterprises to develop, apply, and commercialize innovative products and technologies. It also promotes cooperation between enterprises and research institutions, in order to foster user-driven research-based innovation.
EEA Grants derive through the Agreement on the European Economic Area (EEA), Iceland, Liechtenstein and Norway are partners in the internal market with the Member States of the European Union. To promote a continuous and balanced strengthening of economic and trade relations, the parties to the EEA Agreement have established a multi-year Financial Mechanism, known as EEA Grants. The EEA Grants aim to reduce social and economic disparities in Europe and strengthen bilateral relations between these three countries and the beneficiary countries. For the period 2014-2021, a total contribution of €2.8 billion has been agreed upon for 15 beneficiary countries. Portugal will benefit from an amount of 102.7 million euros.
Learn more at: eeagrants.gov.pt/en/
