AspBAN | Atlantic Smart Ports Blue Acceleration Network (EMFF)

The Atlantic Smart Ports Blue Acceleration Network aims to lay the foundations for building a platform of acceleration services, transforming EU Atlantic Ports into Blue Economy Hubs, diversifying their business models and revenue sources.

By becoming the main ecosystem for new business development in the Blue Economy domains, EU Atlantic Ports have here an opportunity to diversify their revenue sources and work on the development of a sustainable Ocean Economy.

The main objectives of the project include attracting 450 startups to an acceleration programme; selecting 30 startups that will be able to develop pilots in 30 Atlantic Ports; attracting €6 million of private investment for the selected startups; mobilising €4.5 billion of potential private investment; and reducing 100,000 tonnes of CO2 in the operations of 30 Ports.

As a project partner, Magellan will be responsible for the monitoring, administrative and financial management of the entire project, in close coordination with the project coordinator, Beta-i.

Apr 2021 – July 2023

Role: Beneficiary

Total budget: 1,4 M€