The Ocean Idea Challenge is a market validation competition that encourages prospective entrepreneurs to explore and validate their early stage, sustainable ocean idea. Successful teams that demonstrate proven market interest for their idea will win up to $10,000, and be introduced to local technology innovation hubs to continue building out their product/service, in addition to other resources and benefits.
During the competition, participants will undergo skills training, access programming and focus on conducting at least 25 customer discovery interviews to gain a thorough understanding of their potential customers’ situations, needs and pain points.
Participants are encouraged to participate if they are interested in exploring ideas around reducing the environmental impact industries have on the ocean; improving ocean health; or developing a new or enhanced method to do more with less ocean-based resources.
Ideas include products or services that support areas such as:
- Renewable ocean energy
- Sustainable fishing and aquaculture
- Decarbonized shipping and marine transportation
- Marine bio-resources in the circular economy
For participants registering as an individual, the competition brings together people from diverse backgrounds to collaborate and form co-founder/team relationships.
Registration closed on April 19, 2022 at 11:59pm PST.
Interested in registering but want more information? Download our English Program Information Package. Pour les francophones, téléchargez notre dossier d’information en français.