Do you have an innovative solution that would support overcoming the overexploitation, pollution or climate change challenges the Ocean in Africa is currently facing? Join the 3rd cohort of OceanHub Africa – applications are open until 22 May 2022.
OceanHub Africa is organising its 3rd acceleration program, set to run from mid-July until the end of February 2023. OceanHub Africa’s Acceleration Program aims to support ocean-impact ventures by accelerating their exposure, innovation and financial capacities.
Since its launch in 2020, the Cape Town-based accelerator has supported a total of 16 African ocean-minded startups in various sectors of the Blue Economy (aquaculture, fisheries, shipbuilding, marine renewables/biotechnologies, coastal tourism/ocean sports, awareness/education, data.exploration, ocean plastic circular economy). The business accelerator has supported them to raise 5.4+M USD in total.
This edition of Pan-African acceleration program will be a hybrid event. OceanHub Africa’s program will start in mid-July and will include an in-person bootcamp in Cape Town, which will cover training sessions on access-to-market, investment readiness in the impact space as well as feedback sessions on your pitch. At the end of February 2023, the accelerator will organize the 4th edition of Ocean Innovation Africa, its international Summit dedicated to fostering innovation and entrepreneurship in the African Ocean Space. During this event, the startups selected for the acceleration program will have the opportunity to showcase their innovation, pitch their business and network with potential investors, policy makers and corporates involved in the ocean innovation space.
Following the end of the program, the selected candidates will take part in OceanHub Africa’s alumni program, through which they will benefit from fundraising, business development and networking support.
Eligibility Criteria
- Your start-up is ocean-minded: it has a direct or indirect positive impact on the oceans (addressing climate change, pollution or overexploitation of the ocean) and promotes ocean equity.
- You are a for-profit and operate in Africa.
- You have a scalable service or product available on the market or soon to be available on the market.
- Your product or service is clearly innovative and/or your business model is disruptive.
- You are looking for investments or new markets.