June 9, 2020
Turn your idea or technology into a wave of opportunity.
The Ocean Startup Project is a pan-Atlantic collaboration between six Atlantic Canadian organizations that believe Canada is the best place to launch and grow an ocean technology company. They’ve launched the Ocean Startup Challenge to support individuals and teams who are developing technologies that have large market potential.
During the initial phase of the Ocean Startup Challenge, up to 10 prizes of $25,000 and business support will be provided to the winning startups and scaleups. Applicants who are not selected as winners will still benefit from training during invite-only bootcamps and guidance and support from partnering organizations in the Atlantic Canadian ecosystem. The Ocean Startup Project is looking for diverse entrepreneurs and innovators from rural, Indigenous and urban communities across Canada, and internationally, who have innovative solutions to ocean industry problems.
With the world’s longest coastline, globally renowned research facilities and experts, and a steady flow of talent, Canada is the right place to start or grow a successful ocean tech company. Don’t miss out on the projected $3-trillion ocean economy. There has never been a better time to leverage the opportunities and resources available in the ocean sector. The Ocean Startup Challenge is designed to support innovators who are developing technologies that can be applied to large ocean problems.
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Key dates for the Ocean Startup Challenge
- Applications open: June 4, 2020
- Virtual info session: TBD
- Virtual bootcamp: TBD
- Applications close: August 14, 2020
- Shortlist companies notified: September 4, 2020
- Pitch presentations: September 22-24
- Finalists selected: September 28, 2020
The Process
Applicants will have 10 weeks to develop their skills and prepare submissions. Shortlisted applicants will be invited to participate in further training opportunities. Companies will pitch their solution to panel of industry experts for the chance to be selected as one of up to 10 companies to receive $25,000 for prototyping and business development.
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About the Ocean Startup Project
The Ocean Startup Project, driven by Canada’s Ocean Supercluster, is a pan-Atlantic collaboration between Creative Destruction Lab (CDL) – Atlantic, Genesis, Innovacorp, New Brunswick Innovation Foundation, PEI BioAlliance, and Springboard Atlantic to create and grow high-quality ocean technology companies.
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About Canada’s Ocean Supercluster
Canada’s Ocean Supercluster is growing the ocean economy in a way that has never been done before, where leaders in fisheries, aquaculture, defense, offshore resources, marine renewables, bioresources, shipping, and ocean technology are coming together to develop and commercialize solutions to shared ocean challenges, while advancing Canada’s position as a global leader in ocean.