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Ocean Technology Sector

• Oceans of Opportunity: Newfoundland and Labrador's Ocean Technology Sector Strategy Report (2.11MB)
• Oceans of Opportunity

Newfoundland and Labrador is home to more than 50 knowledge intensive enterprises that develop ocean technology products and services. The province's ocean sector is also a significant contributor to the provincial economy with 16% annual growth over the past three years. Local advantages include international companies with established products and services; international collaborative commercial and scientific relationships; educated, motivated and stable professional and technical workforce; and extensive research capabilities and infrastructure.

The department supports the sector by:

• Working on development and promotion initiatives with key stakeholders including: Oceans Advance, Memorial University, the Marine Institute, the City of St. John's, C-CORE, as well as the federal government, including NRC Institute for Ocean Technology, NRC Industrial Assistance Research Program, Industry Canada, and ACOA.
• Supporting local companies to participate in trade shows and conferences
• Partnering with other agencies to assist firms
• Funding programs

• Factsheet on Oceantech Intelligence
• Factsheet on OceanTech Smart Growth
• Application for OceanTech intelligence
• Application for OceanTech Smart Growth

To Find Out More

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contact the IBRD office nearest you.

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