Miami is ground zero for sea-level rise. A coalition of community groups, local governments and universities hope to combat climate change by supporting local startups developing green technologies.
Why it matters: The South Florida ClimateReady Tech Hub — led by Miami-Dade County — is seeking a $70 million federal grant to make the region a global leader in climate tech.
How it works: The Tech Hub, led by Miami-Dade’s Office of Innovation and Economic Development, aims to provide technical assistance to 500 startups and connect them to investors.
- Over 10 years, the Hub seeks to create 23,000 green jobs across South Florida.
- Broward, Palm Beach and Monroe counties and the Miccosukee Tribe of Indians of Florida are members of the program.
Follow the money: The Hub is focused on three climate tech subgroups — energy efficiency, infrastructure and coastal structures — that could comprise a $3-trillion global market by 2030.
- Local companies involved in the program are building energy-efficient air conditioning systems, carbon-absorbing concrete and artificial reef structures, among other technologies.
Of note: Martin will be moderating a panel on the Tech Hub this afternoon at the eMerge Americas conference.
