Page 24: of Marine News Magazine (April 2022)

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Feature

Offshore Wind

NJEDA of NBOC).

Two messages stand out: one, moving into this new wind sector can be intimidating; it requires study and re- search up front.

Second: now is the time for that advance work because the initial U.S. wind projects will largely be built overseas, considering the nascent status of the US wind industry. In two or three years, however, project developers all along the east coast will demand US based suppliers (that’s the economic development part). NBOC advises: do your homework now to be ready in 2024 or 2025.

In addition to education, NBOC has established an “Act

Local Program.” Their team is out there, literally working the levers to connect developers and tier 1 suppliers with - Brian Sabina, “adjacent suppliers” in New Bedford, e.g., commercial ? shers who know maritime operations and can offer vessel

Chief Economic Growth and related services likely to be in demand.

Of? cer, New Jersey Economic

If your business is in New Bedford, and you’re looking at

OSW opportunities, get to know NBOC.

Development Authority

NBOC 24 | MN April 2022