Blue Economy & Blue Tech
Fractional CFO and business advisory support built for the companies powering the region’s marine technology, renewable energy, and ocean conservation sectors.
The blue economy encompasses a broad and rapidly evolving range of industries — from autonomous underwater vehicles and ocean sensing systems to aquaculture, marine renewable energy, and ocean conservation. What unites them is where they operate: at, on, and below the surface of the ocean.
80%
of the world’s AUVs are built within 40 miles of New Bedford.
Blue tech — the technology and innovation side of the blue economy — is where investment activity is accelerating. The region stretching from Connecticut through Rhode Island and southeastern Massachusetts is home to the densest and most diverse blue tech ecosystem in the country. Venture capital, federal grant programs, and defense and dual-use funding are flowing into this region’s startups at an unprecedented pace.
The companies building in this space are largely founded by engineers and technical experts — people who are exceptional at developing technology but are not, by training, business people. As these companies advance through SBIR and STTR programs, raise venture capital, and begin generating revenue, the financial complexity of running their organizations grows faster than their capacity to manage it.
We provide fractional CFO and business advisory services to blue tech and blue economy companies at the stage where financial leadership matters most — when capital has been raised and must be managed, when investors require reporting, and when growth decisions can no longer be made without a financial lens.
Where We Work
Investment in autonomous systems, ocean sensing, and underwater vehicles is accelerating faster than any other area of the blue economy. We work with the technical founders driving that growth — and with the financial complexity that follows when capital arrives.
An emerging sector with real financial management challenges as organizations grow. We welcome the opportunity to support conservation and restoration-focused companies and nonprofits doing this work.
Our background spans different areas of the renewable energy sector, including direct experience with marine energy companies. We understand the project finance, capital structure, and operational dynamics specific to this industry.
New Bedford is built on the fishing industry, and the region’s aquaculture sector is growing alongside it. Our background in food distribution gives us practical knowledge of the financial and operational complexities that carry directly into aquaculture businesses.
Start with a conversation
Let’s talk about where your business is now and what kind of financial support would help.