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Ocean Startup Project launches Ocean Startup Challenge

Photo: Pierre Terrien

With the world’s longest coastline, globally renowned research facilities and experts, government programs and supports, and a steady flow of talent, Canada is the right place to start or grow a successful ocean tech company.

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.  To that end, they have 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 will be allotted and business support to the winning startups and scaleups. Applicants who are not selected as winners will still benefit from training during invite-only boot camps and guidance and support from partnering organizations in the Atlantic Canadian ecosystem.

About the Ocean Startup Project

The Ocean Startup Project (OSP) is a co-funded, pan- Atlantic collaboration. We aim to double the number of high-quality, ocean technology startups thriving in Atlantic Canada. We want to accelerate how homegrown startups get their technologies to market and attract international companies to our shores.

Together, project partners – Creative Destruction Lab (CDL), Genesis, Innovacorp, New Brunswick Innovation Foundation, PEI BioAlliance and Springboard Atlantic – envision building a world-class innovation ecosystem for ocean technology startups.

The Ocean Startup Project’s 24-month strategy focuses on funnel development, acceleration and incubation. We welcome innovators from industry and academia to participate in the Ocean Startup Project activities below.