Startups with creative solutions that help address the ocean’s overexploitation, pollution, or climate change concerns are encouraged to apply for the OceanHub Africa accelerator program’s 3rd cohort.
The pan-African program will be a hybrid event this year.
OceanHub Africa, based in Cape Town, has supported 16 African ocean-focused startups in various sectors of the Blue Economy, including aquaculture, fisheries, shipbuilding, marine renewables and biotechnologies, coastal tourism and ocean sports, awareness and education, data.exploration, and ocean plastic circular economy, since its inception in 2020.
Also read: Global scramble for metals thrusts Africa into mining spotlight
The program will kick off in mid-July in Cape Town with an in-person Bootcamp that will include training sessions on access-to-market, investor preparedness in the impact space, and pitch feedback sessions.
The startups selected for the acceleration program will have the opportunity to present their innovations, pitch their businesses, and network with possible investors, policymakers, and corporations working in the ocean innovation field during this event.
Following the completion of the program, the chosen candidates will be invited to join OceanHub Africa’s alumni program, where they will receive fundraising, business development, and networking assistance.
Also read: EU looks for Africa to help replace Russian gas
The third edition of the acceleration program, which will run from mid-July through the end of February 2023, aims to promote ocean-impact companies by increasing their visibility, innovation, and financial capacity.
The accelerator will host the fourth edition of Ocean Innovation Africa, an international summit committed to supporting innovation and entrepreneurship in the African ocean region, at the end of February 2023.
