Boosting Ocean Economy and Innovation for Coastal Communities
This act aims to strengthen U.S. coastal communities and the ocean economy by establishing special innovation centers. These centers will support research, technology development, job training, and cross-sector partnerships, potentially leading to new jobs and better utilization of ocean resources.
Key points
Establishes at least seven regional Ocean Innovation Clusters to foster economic growth and job creation in coastal communities.
These clusters will focus on sustainable use of marine resources, technology development, intellectual property management, and workforce training for new entrants into the ocean sector.
Grants of up to $10 million will be available to support the operation of these clusters and for capital investments, such as creating physical collaboration spaces and laboratories.
Status:
Expired
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