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Published Newport, United StatesUpdated

Rhode Island Awards $9.7M to Boost Ocean Tech and Job Creation - Newport Buzz

Summary by Newport Buzz
Newport Buzz Rhode Island Awards $9.7M to Boost Ocean Tech and Job Creation Rhode Island is making a major investment in its blue economy with $9.7 million in Innovation Campus grants announced Wednesday by Governor Dan McKee and Secretary of Commerce Liz Tanner. The funding will support two new campuses focused on ocean technology commercialization and job creation. The grants are part of the state’s Innovation Campus Initiative, launched throu…

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The initiative, promoted by the Regional Government, the Ministry of Economy and Corfo, seeks to strengthen the technological capacities of the region to foster demand for innovation from companies and entrepreneurs in their transition to more sustainable production models. The Los Lagos Regional Council approved incorporating into the regional investment budget that will allow progress to be made in the installation of the Technological Centre …

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Newport Buzz broke the news in on Wednesday, June 11, 2025.
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