The Balearic Marine Cluster is organizing the Blue Startup Pitching Competition, which rewards innovation, sustainability, and entrepreneurship in the Balearic Islands with 5,000 euros.
As part of the celebration of The Balearic Superyacht Forum, the first international forum for large yachts in Spain to be held on April 24 and 25 in Palma de Mallorca, the Balearic Marine Cluster presents its first startup competition, the “Blue Startup Pitching Competition 2024.”

Innovation plays a key role in the development of a competitive nautical industry. In this context, the Blue Startup Pitching Competition emerges to identify and support startups with a project with high growth potential and a disruptive value proposition in the blue economy.

The competition will take place on April 25 at 3:00 p.m. at the Palma Auditorium, where the five finalist startups will have the opportunity to present their project and strategic plan to an audience of over 300 potential investors from the nautical sector and a jury of 10 experts with a great track record in the world of innovation and entrepreneurship.

The audience and the jury will select the winning startup.

Each startup will have 5 minutes to present its project and defend its candidacy for the first prize, which includes:
– A 5,000-euro check.
– A booth at the Palma International Boat Show 2025.
– Twelve months subscription to the Balearic Marine Cluster.
– Twelve months subscription to Yachting Ventures.
– Twelve months of mentoring through the acceleration program of the General Directorate of Business of the CAIB.

In addition, all finalists will benefit from twelve months subscription to the Balearic Marine Cluster and a certificate of participation in the Blue Startup Pitching Competition 2024.

The positive impact of the product or service on the environment, the development of a real, defined, and market-tested business model, or the scalability of the project will be some of the criteria to be considered when choosing the winner.

The competition is open to all startups registered in Spain whose activity, product, or service is directly related to the blue economy.

The registration period is open until Friday, March 15, 2024, at 11:59 p.m. and can be done through the following link.

The Blue Startup Pitching Competition is supported by Yachting Ventures; ; Direcció General d’Empresa, Autònoms i Comerç; Direcció General d’Innovació; and the Palma International Boat Show.

La Blue Startup Pitching Competition cuenta con el apoyo de Yachting Ventures; Direcció General d’Empresa, Autònoms i Comerç; Direcció General d’Innovació y el Palma Interantional Boat Show.