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The NEW Blue Economy

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

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image credit: St. Pete Innovation District
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‍Join us on our next tour of the Innovation District! Our tour will begin at the HUB, and we will board a trolley with other Innovation District partners. As we travel throughout the District, you will learn about the fascinating history and exciting future plans for the area. We will make several stops for a unique insider view of the research and collaborations underway. Participants are invited to enjoy a networking happy hour back at the HUB, where our tour will conclude.

image credit: St. Pete Innovation District
August 19, 2025
August 22, 2025

A group of support organizations, led by the Innovation District and fueled by a grant from Duke Energy, developed our first Tampa Bay Innovation Ecosystem Map in 2023. We aim to continue guiding entrepreneurs to the best possible resources with an updated version.

image credit: Bay News 9
August 19, 2025
August 22, 2025

Josh Rojas of Bay News 9 recently visited the Maritime and Defense Tech Hub, where he was welcomed by CEO Alison Barlow and COO Lauren Bell for a discussion about the building’s future expansion. The Hub is already home to a thriving community of companies and demand continues to grow. To accommodate this momentum, leaders are envisioning Hub 2.0, a second building proposed for the west parking lot.