The Port of San Diego is backing a one-year pilot project with start-up Sunken Seaweed LLC., which will focus on seaweed aquaculture in San Diego Bay. The seven-member Board of Port Commissioners recently approved the agreement as part of the Port’s Blue Economy Incubator, with a purpose to create and develop new water-dependent business ventures on the bay.

“There is great potential for growth in the global commercial seaweed market,” board Chairman Rafael Castellanos said in a statement. “One of the goals of this pilot project with Sunken Seaweed is to obtain valuable baseline information to help inform future potential seaweed aquaculture here in San Diego and throughout California.”

Sunken Seaweed will open its seaweed farm at the Grape Street Pier No. 1, near the North Embarcadero, where various seaweed species will grow. It will then conduct biological monitoring surveys and harvest several species of native marine macroalgae, according to a press release.

Developing domestic uses of seaweed include human and animal food production and biofuels and potential uses for bioremediation, carbon sequestration and mitigation banking.