Marine Science and Data Analytics are two of the target industries in St. Petersburg (learn more at Grow Smarter). These areas have always been intertwined but they are converging in deeper and unique ways under the NEW Blue Economy. The NEW Blue Economy is “a knowledge-based economy, looking to the sea not just for extraction of material goods, but for data and information to address societal challenges and inspire their solutions” according to Dr. Richard Spinrad (EOS.org). The traditional blue economy developed around tangible resources (e.g., food and fossil fuel production) and critical services (e.g., shipping, coastal tourism). Data was often nothing more than a supporting function.
In the future, the role of data, information, and related disruptive technologies will be critical. The ability to acquire, transform and interpret data will drive policies, sustainability efforts, new business ventures, and more. The Innovation District is fortunate to have academics, government and private industry partners already embracing the NEW Blue Economy. The potential is tremendous! Stay tuned for future updates on how the District and its partners are making strategic plans to further the NEW Blue Economy
From the SPID June 2022 Newsletter
We are seeking entrepreneurs for an upcoming ocean enterprise accelerator. Hosted by our partner, Braid Theory, this 12-week program will focus on three aspects of commercialization: building capability, capacity and intellectual capital.
There were several accomplishments in 2024 we haven't had a chance to share yet. Thank you to our anchor institutions and partners that made this possible. 1st major grant - $13.9M NOAA 1st District Master Plan 2nd District Impact Report published 3rd year of the Maritime and Defense Technology Hub
2025 marked the 11th year for the St. Petersburg Science Festival and the 30th year for Florida Fish and Wildlife Research Institute's MarineQuest. It was a fantastic opportunity for 1200+ 4th and 5th graders on School Days and 9K+ community members on the Public Day to participate in hands-on activities exploring all facets of STEAM. Kudos to the sponsors, exhibitors, volunteers and Steering Committee for another successful year.