Blue w(AI)ve Accelerator Launches

Tidings | Mar 5, 2024

In early 2024, we announced a new partnership between Gulf of Maine Ventures and The Roux Institute at Northeastern University to drive blue technology innovation.

twelve entrepreneurs pose for a group photo on the first day of blue waive programming

In February, we announced a first-of-its-kind 16-week accelerator program focused on the intersection of two rapidly-emerging economic sectors: artificial intelligence (AI) and blue tech. This Blue w(AI)ve Accelerator, launched in partnership with Northeastern University’s Roux Institute and Institute for Experiential AI, supports seven early-stage companies leveraging AI for ocean-based solutions around the world.

The inaugural cohort includes startups from the U.S., Canada, and Israel. These companies represent promising blue tech innovators focused on the exploration, conservation, and sustainable use of ocean resources.

Their work demonstrates innovation within traditional sectors such as maritime transportation, commercial fisheries, and marine conservation, and holds potential applications across several relevant industries, including renewable energy, biotechnology, environmental monitoring, and sustainable aquaculture.

"This program prepares blue tech startups for investment success while positioning Maine as a leader in ocean-related artificial intelligence solutions. Through this accelerator and other efforts, we aim to bridge the gap between innovative, blue economy businesses and the capital, technical knowledge, and networks needed to help them grow.”

Blaine Grimes Chief Ventures Officer

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