Australian startup accelerator and environmental investor Ocean Impact Organization (OIO) is running its half year again acceleration program for startups working on solutions to transform ocean health.
The non-profit is looking for 10 pioneering startups that are working on sustainable solutions. Startups that focus on ocean-related issues can Add here.
The Ocean Impact Accelerator Program (OIAP) is an initiative that helps grow startups and organizations working on ocean-related issues. Successful startups receive a $100,000 investment, mentorship, access to active ocean impact investors, and a six-month virtual program of expert-led classes to help them reach their full potential and bring their ideas and solutions to market to bring.
OIO works to conserve and protect marine life. They raise awareness and solve urgent problems such as plastic pollution, overfishing and climate change.
The charity has teamed up with EnergyLab – Australia’s top climate technology and renewable energy accelerator – to maximize the impact of OIAP. They aim to accelerate 100 Ocean Impact startups in five years.
CEO and co-founder Nick Chiarelli is pleased to announce the return of the Ocean Impact Accelerator Program for 2023.
Image: Provided by OIO
“We were blown away by the quality and commitment of the 2022 cohort and can’t wait to meet the innovative entrepreneurs who want to join the program this year,” he said.
The OIAP complements OIO’s range of programs and events, including the Ocean Impact Pitchfest, the Ocean Impact Ideation Program and the INNOVOCEAN showcase event held annually. These programs have seen more than 650 startups and entrepreneurs, with 68 supported.
The program is not specifically designed for any particular industry or technology. Instead, it can be applied to different industries and technologies. Startup solutions can address a variety of challenges from climate change; plastic pollution; fisheries and aquaculture; ocean data and monitoring; decarbonization; robotics; seaweed, and many other areas.
Applications close on March 19, with interviews with potential candidates in April before the program starts in June and runs through the end of November.