RISE is a non-profit, economic development organization with a mission to accelerate innovation and business growth around solutions to coastal communities’ resilience challenges. RISE leverages local assets and global networks to enable businesses to develop, demonstrate and scale innovations that help coastal communities adapt to changing climate.
Why Hampton Roads, VA?
Hampton Roads in southeastern Virginia is a globally critical region. Home to the largest concentration of U.S. defense facilities in the world, including world’s largest naval base, and the third largest commercial port on the East Coast, the region is a hub for trade and a security nexus for the world. A combination of the region’s cities’ diverse typologies, climate change challenges and assets make Hampton Roads a perfect resilience innovation hub for entrepreneurs.
RISE provides the following services to the winning teams:
Resilience Innovation Fund (non-equity, non-dilutive)
Resilience Innovation Accelerator
Resilience Innovation Hub & Testbed
Real-world infrastructure & pilot sites
Co-working office space
Fabrication & testing work space
Experts and stakeholders
Regulatory TA and permitting
PR and media visibility