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Applications open for Third Ocean Startup Challenge, with up to $40,000 in Funds for Idea and Early Stage Ocean Innovators based in Canada

The Ocean Startup Project, a national organization working to make Canada one of the best places in the world to start and grow an ocean venture, has opened applications for the third intake of its Ocean Startup Challenge. Idea and early stage ocean technology startups can apply to be part of the third Ocean Startup Project cohort with awards up to $40,000 for winning teams, along with valuable business supports, such as mentorship, networking opportunities, events, expert-led workshops, and more. The Challenge intake occurs once per year to foster the growth and development of new ocean technology startups in Canada’s booming Blue Economy.

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Four Early Stage Companies Win the Ocean Startup Project’s First-Ever Ocean Idea Challenge

Four early stage ocean technology startups have won the first-ever Ocean Idea Challenge, presented by the Ocean Startup Project – a national organization working to make Canada one of the best places in the world to start and grow an ocean venture. British Columbia-based OnDeck Fisheries AI and a British Columbia/Prince Edward Island-based team, PhyCo, – will each receive the top prize of $10,000. Newfoundland-based Seathru Technologies and Nova Scotia-based Sustainable Sea Products will also receive $2,500 each, after an immersive, four-week customer discovery process that helped prove market interest for their sustainable ocean ideas. 

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Voltai: Harvesting energy from motion to power marine vessels

As the maritime sector edges away from a reliance on fossil fuels to power vessels, adopting innovative technologies that generate energy – especially as timelines and international regulations around decarbonization become more strict – will be essential. Some emissions-free and renewable energy storage solutions exist, but those, and a lack of charging infrastructure at ports, have significant limitations to their efficacy. Voltai is working on a solution.

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Ocean Startup Project Calls for Sustainable Ocean Ideas For New Market Validation Competition

CANADA, (March 10, 2022) – The Ocean Startup Project, a national organization making Canada the best place to start and grow an ocean venture, has opened applications for its first-ever Ocean Idea Challenge. The competition connects aspiring entrepreneurs with potential co-founders, and encourages them to identify an ocean sustainability program, then validate their proposed solution for a chance to win up to $10,000. 

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Research Teams Invited to Apply to Ocean Startup Project’s Lab2Market Oceans Program

CANADA, (February 23, 2022) – The Ocean Startup Project, a national organization making Canada the best place to start and grow an ocean venture, has opened applications for the third cohort of its Lab2Market Oceans program. The seven-week program fosters an innovative and entrepreneurial mindset in postdoctoral fellows, graduate students, and faculty, inspiring teams to explore their ocean research idea in a new way and identify commercial opportunities.

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Lab2Market Oceans welcomes 22 new ocean tech ventures

ST JOHN’S, NL (September 21, 2021) – The Ocean Startup Project announces 22 new teams kicking off year two of the Lab2Market Oceans program in 2021. Lab2Market Oceans teams are made up of researchers from academic institutions across Canada, faculty supervisors and industry mentors. The teams will work closely with a group of instructors who will provide feedback and coaching as they undertake the seven week program. 

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