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Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

American Entrepreneurship

(June 21, 2023) – In May , the New Jersey Economic Development Authority (NJEDA) Board approved five grant applications totaling more than $3.7 million under the Authority’s Offshore Wind Workforce and Skills Development Grant Challenge (Grant Challenge).

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To fix the climate, these 10 investors are betting the house on the ocean

TechCrunch

Just offshore wind alone has the potential to meet global electricity demand by 2040, according to the IEA, which is well in excess of all offshore oil and gas production today. In particular, the philanthropic community is just starting to recognize that there is an urgent need to support efforts to develop ocean-based climate solutions.

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Decentralizing the Electric Grid

Andreessen Horowitz

Currently, we face a critical challenge: our electricity demands — expected to nearly double by 2040 due to factors like AI compute, reshoring , and “electrification” — are soaring, but our grid infrastructure and operations struggle to keep pace. Of course, such evolutions breed new challenges, and we need innovation to bridge the gap.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Most of this money went towards modular housing companies or software that promises to optimize current processes such as project management and communication. Travis Connors, Building Ventures At Building Ventures, we see enormous opportunities developing for the use of robotics in construction over the next 20 years.

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Newsletter: Securing water against cyberattack

OurCrowd

This $5M Series A-1 round is being led by Israeli VC firm HIVE 2040 at a pre-money valuation of $11M. Israel and the UAE led the world in vaccinations, and I predict that we will continue to work together to lead global efforts on many fronts, powered by innovative high tech. Learn More. UAE: Gateway to half the world.