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Through a $100 million investment in new and existing competitions, NOAA will fill a critical unmet market need by funding accelerator entities to support businesses navigating commercialization pathways for coastal and ocean-based resilience products and services related to NOAA’s mission to help communities prepare for, adapt to, and build resilience to changing climate conditions.
NOAA announced that the Biden-Harris Administration invests $54 M in 4 business ‘accelerators’ to boost the Blue Economy on December 9, 2024.
NOAA announced that the Biden-Harris Administration invests $16.7 million for marine technology innovation through the Inflation Reduction Act on June 27, 2024.