Maritime News

Blue Venture Forum Kickoff Event, 5:00PM, Wednesday, October 27th

Join the Blue Innovation Symposium, virtually, from 5:00-6:30PM (Eastern), on October 27th, for launch of the Blue Venture Forum and the inaugural event, Venture Capital and Blue Technology, a case study featuring Dive Technologies.

Over the last 6 years, driven by the need to better understand our oceans, there has been an increase in the number of blue technology startups, successful blue technology "exits", and investors who are now considering "blue" investments. The Blue Venture Forum will serve as a platform to connect this ecosystem through targeted programming, matchmaking, and partnering opportunities.

The BVF wants to particularly thank the van Beuren Charitable Foundation (vBCF), the Greater Newport Area Chamber of Commerce, and DTN Ventures for their support.

Until recently, Blue Tech startups typically grew through bootstrapping and non-dilutive funding, such as SBIRs, and it was almost unheard of to have an outside investor involved. Today, however, the industry is witnessing a wave of interest and investment activity from individual, Angel, and institutional investors, such as Venture Capital (VC) and Private Equity. Founders need help to better understand the nuances of when and how to work with an equity investor and investors need a better understanding of the scope and scale of this sector. Learn how, and why, Dive Technologies pursued Venture Capital Funding and successfully secured more than $7 million in funding.

Agenda:

5:00PM Welcoming Remarks, Erin Donovan-Boyle, Executive Director, Greater Newport Area Chamber of Commerce

5:10PM Introduction to the Blue Venture Forum-Dr. Toby Stapleton, Managing Director, Blue Innovation Symposium, and Chair, Blue Venture Forum

5:20PM Venture Capital and Blue Technology, a Case Study Featuring Dive Technologies

Moderator: Dr. Toby Stapleton
Speaker: Jerry Sgobbo, Founder and CFO, Dive Technologies (bio below)

This event is free, but registration is required.

For more information, including Jerry Sgobbo's bio and a link to register, click here!

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