MARIBE is a Horizon 2020 project that aims to unlock the potential of multi-use of space in the offshore economy (also referred to as Blue Economy*). This forms part of the long-term Blue Growth** strategy to support sustainable growth in the marine and maritime sectors as a whole; something which is at the heart of the Integrated Maritime Policy, the EU Innovation Union, and the Europe 2020 strategy for smart, sustainable growth.
The project is an 18 month project that is funded by the European Commission and is led by a consortium of 11 partners from Ireland, United Kingdom, Belgium, Spain, Italy, Malta and the Netherlands. It is coordinated by University College Cork (MaREI).
Within the Blue Economy, there are new and emerging sectors comprising technologies that are early stage and novel. These Blue Growth sectors have developed independently for the most part without pursuing cooperation opportunities with other sectors. MARIBE investigates cooperation opportunities (partnerships, joint ventures etc.) for companies within the four key BG sectors in order to develop these companies and their sectors and to promote the multi-use of space in the offshore economy. The sectors are Marine Renewable Energy, Aquaculture, Marine Biotechnology and Seabed Mining.
*The Blue Economy incorporates technologies that are mature or post-mature stage such as oil & gas, tourism, shipping and fishing. **Blue Growth is the long term strategy to support sustainable growth within the Blue Economy incorporating life-cycle assessment. It encompasses technologies that have high growth and job potential and by their nature they are early stage and novel.