Funded by the Port of Seattle and a grant from the Washington State Department of Commerce, the maritime accelerator will be accommodated and supported by WeWork Labs in Seattle. WeWork’s innovation platform for early-stage startups will run the accelerator.

Maritime Blue will now choose 10 promising startups to be admitted to the first accelerator cohort, which will officially begin in January 2020.

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These startups will benefit from intensive programming provided by WeWork Labs over an accelerated 4-month period. In addition to being housed at WeWork Labs, startups will receive access to the WeWork Labs global network of mentors and advisors, and be a part of programming.

The accelerator will conclude in April with a formal demo day where the selected startups will pitch their ideas to investors, mentors, corporate partners, government officials, and the general public.

"Innovation across Washington’s maritime sector is critical for a thriving economy and in the fight to protect our planet, precious natural resources, and ocean life. Finding a way to extract economic growth while simultaneously returning evermore vitality and life to our oceans and waterways is a challenging task, but one Washington must take on if the industry is to thrive for the next generation of maritime workers."

the Port of Seattle said.