Attention entreprenuers & innovators!
The Ocean Startup Challenge is a competition seeking innovative solutions to ocean industry problems. The Ocean Startup Project launched the Challenge to support innovators who are developing technologies with large market potential for the ocean economy.
During its initial phase, the Ocean Startup Challenge will award up to 10 prizes of $25,000 and business support to the winning startups and scaleups. Applicants who are not selected as winners will still benefit from training during invite-only bootcamps as well as guidance and support from partnering organizations in Atlantic Canada’s innovation ecosystem.
Who should apply?
We encourage individual or team applications from innovators of any gender, entrepreneurial Indigenous Peoples, and companies that have been in business for under five years and have fewer than 15 employees.
Innovators, entrepreneurs and companies from across Canada and around the world may apply for the Challenge, but winners must register as a business in Atlantic Canada before funds will be released.
Applicants from an existing company must be the majority owners of the company.
How does it work?
The Ocean Startup Challenge has two phases. Applications for phase 1 are now open.
Submissions will be reviewed by a judging panel and a shortlist will be selected. We anticipate 20 entrants will be shortlisted in this phase. Individuals who have made the shortlist will be notified by Friday, September 4, 2020.
Shortlisted applicants will then present to a judging panel. Pitch presentation will occur between September 22-24, 2020
Winners will be announced on Wednesday, September 30, 2020.
Learn more & Apply: www.oceanstartupchallenge.ca