Biden-Harris Administration identifies 4 business ‘accelerators’ to boost the Blue Economy

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Ocean & Coasts News

Blue Economy,Inflation Reduction Act

Ocean entrepreneurs to spur new technology, services that strengthen our coasts

means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.Concept illustration of smart buoys gathering ocean data. Ocean and Great Lakes data and information are essential for weather forecasting, ocean commerce, recreation, and more — things that affect the entire nation. These accelerators will seek new, innovative ways to gather that data and deliver it to users.

The four organizations, deemed business “accelerators,” will provide guidance, support and funding to help small businesses scale quickly to spur the development of technologies and services that address a wide range of maritime issues. They were recommended for awards through the Each of the accelerator awardees will address all four theme areas and additional themes as the market evolves. They will recruit small businesses and startups from across the nation and provide them with resources, mentorship and funding to bring their products to market. Over the past year, these organizations have examined their proposed programs and developed detailed plans to launch and operate. This funding catalyzes those plans, with recruitment beginning in the next 6-12 months.

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