Welcome to Genesis Centre's Blue Initiative
The Genesis Centre's goal is to help its clients secure significant private capital by becoming investment-ready. Our clients are technology based ventures with high growth potential. This includes ocean technology companies.
Success is possible in the ocean tech industry! Some of Newfoundland and Labrador's winners include: Rutter Technologies Inc., Blue Ocean Satellite Systems Inc., and Virtual Marine Technology. Along with previous successes, the province continues to see the rise of new ocean technology companies, such as ExtremeOcean Innovation, Whitecap Scientific Corporation, Grey Island Energy Inc., EMSAT Corp. and SubC Control Ltd.
As in all technology sectors, development in the ocean technology industry involves swimming against the tide and requires significant supports. Newfoundland and Labrador is teeming with research, development and commercialization resources, some of which include Memorial University, the National Reserch Council of Canada, the Research and Development Corporation, Innovation, Business and Rural Development, and the Atlantic Canada Opportunities Agency.