On 12th and 13th of September 2017, in the city of Varna, an important port of the Balkan peninsula, the Blue NET Consortium Meeting was held. The event, hosted by the Bulgarian Maritime Cluster, was a moment of evaluation of the activities carried out in the first twelve months of the project that led to the development of a common methodology for the identification of the technological innovation needs of SMEs. The event was attended by the EASME Project Advisor who expressed appreciation towards the progress of the project, which DG MARE considers of considerable importance for the development of collaborations between the Mediterranean and the Black Sea, an area of extreme interest for the European Union in the forthcoming years.