Blue economy gets UK innovation programme: The development of innovative solutions has a new support programme that aims to solve some of the world’s most pressing challenges when it comes to the oceans has been launched.
The ADMIRALITY Marine Innovation Programme has been announced by the UK Hydrographic Office (UKHO), which will give a chance to develop new solutions to support safe, secure and thriving oceans for innovators and start-ups.
The blue economy is estimated by its research to be worth £3.2 trillion by 2030, marine geospatial data is expected to play an essential role in supporting this growth by supporting safe navigation for larger autonomous ships, enabling the identification of new areas for tidal and wind generation and playing a vital role in mitigating the effects of climate change.
Applicants are being sought by the UKHO for its first innovation challenge, which is to identify, trial and prove how navigational data can be used to support the safe navigation of marine autonomous surface ships.
Winners will receive prizes worth £175,000 and an opportunity to launch their product in a sector estimated to be worth £111 billion by 2030, they will also be able to access ADMIRALTY data and expertise.
The challenge will close on the 7th October 2020.
Innovators will be invited in subsequent challenges to develop solutions for areas including tidal and wave energy generation, maritime insurance, blue carbon sequestration and sea level rise modelling.
Head of Research, Design and Innovation at the UK Hydrographic Office, Mark Casey said: “The launch of our Marine Innovation Programme is an exciting milestone in our journey to help many marine sectors solve some of the core issues that we face.
“We believe that our challenges will support innovation across the Blue Economy and encourage digital leaders to use marine geospatial data in new and varied ways. We would encourage anyone with the skills or a big idea in these areas to get in touch, get involved and help unlock the power of marine geospatial data.”
Blue economy gets UK innovation programme