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Ocean-Based Climate Resilience Accelerators

Federal Agency

Sub-Department

National Oceanic and Atmospheric Administration (NOAA)

Purpose

To fund accelerator programs that support small businesses and entrepreneurs commercialize ocean, coastal, and Great Lakes-based climate solutions. Note that 'ocean' is inclusive of ocean, coastal, and Great Lakes areas.

Applicant and/or Project Eligibility Requirements

Eligible applicants include US-based for-profit organizations (corporations, partnerships, joint ventures), academic institutions, cooperative institutes, nonprofit organizations, tribal governments or organizations.

Decarbonization Considerations

The ocean-based climate resilience accelerator proposed theme areas include ocean renewable energy, coastal and ocean carbon sequestration monitoring and accounting, hazard mitigation and coastal resilience, ecosystems services, including change detection, change analysis, and change adaptation/mitigation.

Equity Considerations

One of the criteria for Phase 1 review will be how the applications describe diversity and inclusion within the lead organization as well as how those principles will be infused into the cohort selection. Applicants should assume this will be a criterion for the Phase 2 awards as well.

Helpful Tips

A detailed breakdown of the theme areas/topics can be found here: https://ioos.noaa.gov/about/governance-and-management/inflation-reduction-act/accelerators/

Other Notes

N/A

Deadline (Announced or Anticipated)

September 11, 2023 (Phase 1); July 15, 2024 (Phase 2)

Funding Available

$100,000,000

Max Award Amount

Phase 1 = up to $250,000 over 9 months & Phase 2 = up to $10,000,000 over 4 years.

Expected Allocations

15

Average Award (Estimated)

TBA

Matching Funds

Not required

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