New Consortium to Grow Maryland’s Blue Tech Industry

TEDCO, Maryland’s economic engine for technology companies, announced today its collaboration with various Maryland partners in creating the BlueTechMD Consortium. The goal of BlueTechMD, comprised of for-profits, universities, and non-profits, is to attract more of the myriad of climate tech investors and blue tech entrepreneurs to Maryland, and create more collaborative opportunities and solutions to solve our climate change problems. The challenges to our waters are unprecedented and acute with acidification, warming and sea level rise, pollution, and the loss of critical marine biodiversity. The Maryland ecosystem, with its breadth and depth of capabilities, is naturally poised to join other emerging bluetech clusters.