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Table 4.2 Policy options and their composition General objective Specific objective Improve collaboration across the value chain Enhance cooperation between research institutes, SMEs and businesses involved in upscaling Policy actions Create a register of SMEs Facilitate exchange programmes between SMEs and companies Support ERA initiative on Blue Biotechnology Promote the use of (Blue) Biotechnology Initiatives under Horizon 2020 by SMEs Set up a data repository mapping the use of exploratory vessels for bioprospecting purposes Improve access to infrastructure across the value chain Promote integration of exploratory infrastructure for bioprospecting Promote the use of private maritime exploratory infrastructure for Blue Biotechnology research and bioprospecting Create a live database and map of existing and planned genetic resources stored in biobanks Establish a Blue Biotechnology fund Facilitate financing across the value chain Facilitate access to finance for second and third round product development stages Assess, expand and promote use of existing financial instruments for Blue Biotechnology Facilitate a series of events and programmes between (Blue) Biotechnology SMEs and financers Continue to develop and promote the mapping of (Blue) Biotechnology investors Map (Blue) Biotechnology products by SMEs that require financing. Ease access to resources Improve clarity and completeness of legal framework Adoption of a communication supporting the development of an appropriate legal framework Option 1 Option 2 X X X X Option 3 Option 4 X X X X X X X X X X X X X X X X X Study in support of Impact Assessment work on Blue Biotechnology 67

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