Portugal launches maritime start-ups accelerator program

Portugal launches maritime start-ups accelerator program

Portugal has launched a new program to accelerate start-ups in the maritime industry.

The Bluetech Accelerator connects start-ups with key players in the sector to create a pioneering ecosystem of innovation and business acceleration for the Blue Economy sector.

The first edition was introduced by Ana Paula Vitorino, minister of sea, Republic of Portugal last week at the auditorium of the Portuguese Institute of the Sea and Atmosphere (IPMA) in Algés. This first edition will specifically focus on Ports and Shipping, including digitalisation of the port sector, shipping and maritime logistics.

Bluetech Accelerator will focus on key trends and technologies including e-platforms advanced analytics, Internet of Things (IoT), artificial intelligence (AI), shipping energy and propulsion systems, autonomous vessels and robotics, blockchain, and cyber-security.

The project is looking for start-ups working on prototypes or MVP, established founding teams, or those in the product testing phase. Bluetech Accelerator will look at how the solutions match the partner’s needs and how both can provide and receive value.

There are four phases to the program, starting first with an online application. At each phase, the accelerator project will look at the fit between the start-ups and the program to establish which ones to invite from collaborating with the Bluetech partners. The further three phases will include a bootcamp where twenty selected start-ups will learn about business model innovation, start-up methodologies and tools, and more. The best start-ups will have the opportunity to work together with one or more partners in developing a pilot.

The third and fourth phases include a pilot development whereby ten start-ups will collaborate with the partners and a demo day where the finalist start-ups will present their solutions at a public event.

The accelerator project has been developed jointly with the Luso-American Foundation for Development (FLAD).

Originally published on Digital Ship.