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MTR100: 2021’s Top ‘Ocean Influencers’ projects the blue economy is set to grow to about $3 trillion centers is make sure that they know where the opportunities by 2030. “Now that’s a massive growth,” said Gordon, noting are and how to commercialize those opportunities.” that $1T of that pie are sectors where Subsea UK has already The GUH will be an intelligence led and strategically fo- or has targeted to work “We know countries such as Norway, cused organization helping companies to understand new

Japan, Canada and the U.S. are all investing in the ocean econ- markets and identify opportunities by delivering in four key omies,” said Gordon, in discussing the push to develop The areas:

Global Underwater Hub, which in its essence is creating value • Collaboration & Innovation: Creating a multi-sector for the UK and Scottish economies. “We are a world leader, underwater industry.

but we want to make sure that we can maintain that leadership. • Capability and Skills: Developing skills and companies

So let’s get some real focus about the blue economy. How do to drive competitive advantage.

we create the jobs? How do we develop the technology? How • Accelerate & Scale-up: Supporting the growth of new do we encourage exports?” Gordon and his colleagues see The and existing companies.

Global Underwater Hub is the answer to those questions and • International market development: Increase exports more. Logistically the organization will have three locations: and attract new inward investment.

one in Scotland, one in North England and one in South of “The main things that the hub will be able to deliver is help

England, creating “a backbone, a hub and spoke model,” said companies identify where are the opportunities and help them

Gordon. “Anyone around the country can access and connect navigate, ? nd and win that business,” said Gordon. “We’ve got to help them grow their business.” energy transition, net zero oil and gas, offshore wind [to name

Gordon is particularly clear to point out that The Global Un- a few]. It’s for us to try and help articulate the opportunities derwater Hub is not an ‘Innovation Center.’ “It’s not an in- and help companies make those strategic decisions where they novation center, because there are lots of innovation centers invest in, where they want to do business.” around,” he said. “What we need to do with those innovation - Locate and track cables

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