OceanHub Africa Launches 2024 Acceleration Program for Impactful Startups in African Blue Economy

OceanHub Africa Acceleration Program 2024: Launching the Fifth Cohort

We are thrilled to announce the opening of applications for our prestigious eight-month acceleration program, OceanHub Africa. This groundbreaking initiative is dedicated to identifying and supporting up to fifteen impactful startups in Africa with a focus on ocean conservation and restoration.

The Benefits of Joining Our Program

By joining OceanHub Africa, you will gn access to:

• A robust network encompassing leading figures from various fields including ocean experts, mentors comprising entrepreneurs, investors, innovation gurus, impact leaders, scientists, legal professionals, impact investors, potential clients, and more.

• Opportunities for collaboration with like-minded individuals in the Blue Economy sector across Africa and globally.

• Hands-on support for business acceleration, including customer acquisition strategies, executing proof of concept initiatives, scaling through commercial contracts, and fundrsing assistance.

What You'll Receive

Service Components

• Unmatched cloud services up to $75k via our partner AWS Activate.

• Exclusive mechanical engineering design software licenses worth over $40k from 3DExperience Lab for prototyping and virtual testing.

• Access to top-tier Dassault Systemes, Amazon Web Services, Hubspot support, and Notion Premium memberships.

• Legal counsel sessions by distinguished law firms like Sidley Austin, Bowmans, and Lex Mundi up to $50k based on your market target.

• Expert advice from a team including Mercator Ocean International, Blue Oceans Partners, Ocean14 Capital, WWF-SA, Department of Oceanography at the University of Cape Town, EuroSIMA, and more!

Mentorship Development

• Participation in an intensive one-week bootcamp.

• Personalized coaching on business skills and professional development from our team and mentors.

• Tlored support for sales strategies, product development, communication tactics, and business expansion plans.

• Networking opportunities at prestigious events like the Ocean Innovation Africa annual summit, where you'll have a dedicated stand and speaking slot.

• Access to potential clients for local and international market expansions.

• Connection to our global network of ocean-focused incubators and accelerators for overseas scaling.

• Connections with key external partners in the industry.

Fundrsing Facilitation

• Potential funding support up to $10k USD.

• Trning sessions on investor pitches facilitated by partnering investors directly, including preparation guidance.

• Assistance in structuring deals with reviews conducted by experienced transactional and commercial lawyers.

• Introduction to a diverse selection of impact investors and corporate venture capital funds.

OceanHub Africa is committed to nominating its portfolio startups for additional funding opportunities.

This year's program will be conducted as a hybrid model, integrating immersive in-person bootcamp sessions, participation at the Ocean Innovation Africa summit, and remote engagements through various online platforms.

Eligibility Criteria

To be considered, you must demonstrate:

• A clear alignment with our mission to address ocean conservation and restoration challenges.

• Evidence of your startup's potential for growth within the Blue Economy space.

• Commitment and readiness to participate in a rigorous but supportive program designed to accelerate your venture's development.

Stay tuned for further detls and application deadlines. Together, we m to drive impactful change through innovation and entrepreneurship.

OceanHub Africa Acceleration Program

Location

40 Dock Rd, VA Waterfront, Cape Town, 8001

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