NEWS RELEASE: DECEMBER 2020

SILVERBACK MARINE AWARDED POSITION ON THE 2ND ANNUAL WASHINGTON MARITIME BLUE ACCELARATOR COHORT

These 11 young companies and startups were selected for the Second Wave of the Maritime Blue Innovation Accelerator and will receive intensive programming over a 4-month period. Startups receive access to Washington Maritime Blue industry and ocean leaders alongside a global network of mentors and advisors. This is a powerful opportunity for local companies to grow and secure funding in a sector where capital is often scarce.

Meet the Founders at the Second Wave Launch Event – January 27th

From digital solutions to large infrastructure – innovation in the Blue Economy will need a diverse and varied financing approach; from public funding to equity stakes. We are seeing investments from Angel groups, Venture Capital, Impact and Corporate investors. There is a need and opportunity for philanthropy, debt financing, and coordination of public dollars to fill gaps and buy-down risk. The blue economy will need to blend financing options, build hybrid stacks of capital, and coordinate across public and private agencies.

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