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
There are many quotes about innovation and how it is fostered. I have several hanging in my office. We recently looked to these as we were deciding the name for our new breakfast series. Our brainstorming kept coming back to the concept that ideas are the beginning - they create the "spark" that fuels innovation.
Congratulations to Sarah Gilbert, Chief Operating Officer of Orlando Health Bayfront Hospital for being named a 2024 BusinessWoman of the Year honoree. We are also thrilled that Sarah has recently joined the Board of Directors for the Innovation District.
Even with an extra day in the month, I am running late with the February newsletter. Its been a busy and exciting time. Last Tuesday we announced a new project - Catching the Blue Wave: Accelerating America’s Ocean Economy.