San Diego Pledges $50K for Blue Tech Start-Up Incubator

The City of San Diego has awarded a $50,000 grant to Blue Tech trade group The Maritime Alliance to fund a new incubator for start-ups working on ocean and water-based technologies. Mayor Kevin Faulconer said the grant aims to bolster the region as a hub for Blue Tech innovation. “This new business incubator is going to provide the tools needed to spur the development of young companies with the potential to harness the ocean to create a cleaner and more sustainable planet for us all,” said Faulconer in a statement.