Non-profit alliance Washington Maritime Blue has opened applications for its 2025 Blue Ventures Programs, aimed at startups and entrepreneurs working on ocean-focused technologies.
According to Washington Maritime Blue, the programs will support solutions in renewable ocean energy, maritime decarbonization, sustainable fishing and seafood, healthy and sustainable oceans, ocean and maritime digitalization, and justice, equity, diversity, and inclusion initiatives through three tracks: the Maritime Blue Innovation Accelerator, the Tacoma Maritime Blue Incubator, and the Seattle Maritime Blue Incubator
The programs are part of the Maritime Blue Cluster, North America’s largest blue economy network, providing participants with direct access to industry mentors and pilot opportunities, Washington Maritime Blue noted. Startups accepted into these programs can expedite commercial scaling and establish partnerships with key industry players.
The Maritime Innovation Accelerator includes up to $100,000 in investment to support participant growth, while both incubators offer cost-free entry, enabling startups to scale without sacrificing equity or facing upfront fees. Participants will also have access to collaborative office spaces in Seattle and Tacoma for over a year.
“We are committed to empowering the next generation of maritime innovators,” said Brian Hoffman , Director of Blue Ventures.
“By connecting startups with industry leaders, investors, and mentors, we aim to create a thriving ecosystem that drives sustainability and economic growth in our region.”
Applications are open until January 6, 2025, with reviews and interviews conducted throughout January. Final selections will be revealed by January 31, 2025.
In September, the U.S. Department of Energy (U.S. DOE), Water Power Technologies Office (WPTO), issued a $112.5 million funding call to spur the demonstration of wave energy technologies through open water testing and system validation.
This investment will drive the development of a diversified wave energy project pipeline in the U.S. waters, accelerating deployments.