Through a partnership with the City of Victoria, the Association of BC Marine Industries (ABCMI) and many private ocean-tech and marine businesses, SIPP is excited to help move this new initiative forward which will help the region realize its potential as a major driver of Canada’s Blue Economy.
Centre for Ocean Applied Sustainable Technologies (COAST)
About the Project
The Centre for Ocean Applied Sustainable Technologies (formerly Ocean Futures Hub) is a response to input from our region’s marine sector to better enable large companies to address issues through innovation, and smaller companies to develop and grow alongside one another. The Centre, once established, will be a hub for solving tough challenges faced by our marine industry and allow companies in Greater Victoria and on Canada’s west coast to pursue major opportunities related to the global ocean and marine space.
“Along with providing shared resources, a space for collaboration and educational events, the Ocean Futures Innovation Hub is an accelerator and incubator, offering critical business resources and mentorship needed for early-stage companies to grow,”
– Julie Angus, CEO of Open Ocean Robotics
The Centre (Hub) will align with both federal and provincial economic and sustainability priorities. It will deliver the four pillars of Canada’s Grow West Strategy: Build a broader economy; Seize global opportunities; Talent for the new economy; Connected innovation and growth.
For more inspiration, read the guiding thoughts from the project’s working group here: Vision for an Ocean Hub and an Ocean Cluster
- A working group was established in early 2020 to shape the concept and submit an application to Western Economic Diversification Canada. SIPP and partners announced the successful application in September 2020 through a $100,000 contribution from WD and $20,000 from the City of Victoria.
- Also announced in September 2020, a team comprised of Urban Systems, Hatch and Engage//Innovate of Norway has been contracted to develop the business plan for the Hub, including its operation model, space parameters and funding options. This plan will be released in late 2020.
- On October 6th and 7th, 2020, the working group along with project consultants hosted a two-day workshop with 95 participants. The workshop was designed to capture details to inform the operating model and overall direction of the hub. More information will be released soon on the results of the workshop.
- The slides used in the two-day workshop on October 6th and 7th are now available.
- October 6th Meeting – Youtube Video
- October 7th Meeting – Youtube Video
- Design Workshop #3: Wednesday, Nov 4 from 9am-12pm (covering topics from funding option, governance model options to the real estate component of a hub).
- Slides from the November 4th workshop can be found here.
- November 4th Meeting – Youtube Video
- Announcement of Business Case for the Ocean Futures Hub & Cluster – Report Document (PDF)
- Ocean Hub incorporated as the Centre for Ocean Sustainable Technologies (COAST)
- Interim Board of COAST founded; see SIPP’s press release for a complete list of board members.
This page will be updated as the Centre for Ocean Sustainable Technologies continues to move forward.
”This investment in the Ocean Futures Innovation Hub is an investment in the future of B.C.’s economy. This innovation project will help nurture the growth of several promising sectors while leveraging Victoria’s long-time strengths. It will create good, well-paying jobs and helping diversify the local economy, and I look forward to seeing the impact it has on Vancouver Island and beyond.Hon. Mélanie JolyMinister of Economic Development and Official Languages and Minister Responsible for Western Economic Diversification Canada
”The creation of an Ocean Futures Innovation Hub on Canada’s west coast will assist in the region’s economic recovery through the creation of an eco-system that will help existing and future innovative businesses grow and build their markets nationally and internationally through technological and operational excellence.Alex RuebenExecutive Director of Association of British Columbia Marine Industries (ABCMI)
This Project is Proudly Supported By: