News Summary

The Centre for Ocean Applied Sustainable Technologies (COAST) in Victoria, British Columbia, has partnered with Founders Factory and Blue Action to launch Blue Action Canada, an oceantech-focused accelerator. This initiative aims to support eight startups in its pilot cohort, focusing on the blue economy, which includes offshore energy, ocean monitoring, aquaculture, and coastal resilience. The program is designed to provide participants with coaching on operations, product development, technology, customer discovery, commercialization, and fundraising. Supported by BC’s Ministry of Energy and Climate Solutions and PacifiCan, COAST aims to expand the accelerator nationwide. Blue Action Canada is the first dedicated blue economy accelerator in Canada, with plans to open further cohorts later this year.