Restoring the ocean’s health will require scientific innovation, technical expertise and government intervention. But, most of all, it will require scale. And that means investment is essential. This is the belief that drives Alissa Peterson, co-founder of SeaAhead, a Boston-based platform for ocean related start-ups.
Two years ago, SeaAhead set up BlueSwell, an incubator for early stage ventures, with this belief in mind. It brings founders into contact with potential customers and investors who have the potential to catalyse their ideas into large, impactful businesses. This does not mean sacrificing environmental goals, but it does assume funding is necessary.
“Addressing the problems of the oceans requires scale,” says Ms Peterson. “That means working within the boundaries of how markets are constructed right now. Companies we work with need to be able to raise money in order to have the impact we want to achieve.”