NOAA and Partners Launch $13.9M Initiative to Propel Blue Economy Startups
TL;DR Summary
The Biden-Harris Administration, through the Department of Commerce and NOAA, is awarding $54.3 million to four business accelerators to support small businesses in the Blue Economy. Funded by the Inflation Reduction Act, these accelerators will help develop technologies for ocean renewable energy, carbon sequestration, hazard mitigation, and ecosystem services. The initiative aims to enhance coastal resilience and foster public-private partnerships, with recruitment of businesses set to begin in the next 6-12 months.
Topics:business#blue-economy#climate-resilience#economy#inflation-reduction-act#noaa#small-businesses
- Biden-Harris Administration identifies 4 business ‘accelerators’ to boost the Blue Economy National Oceanic and Atmospheric Administration
- USF and partners launch innovative accelerator program to grow the marine economy University of South Florida
- StartBlue Accelerator Program Awarded $13.5 Million from NOAA to Expand Support for Ocean-Focused Startups University of California San Diego
- Seaworthy Collective raises new funds and joins NOAA’s $13.9M BlueTech initiative Refresh Miami
- Tampa Bay Wave partners with NOAA in $13.9M initiative to advance 'bluetech' solutions The Business Journals
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
4 min
vs 5 min read
Condensed
91%
821 → 72 words
Want the full story? Read the original article
Read on National Oceanic and Atmospheric Administration