The Australian non-profit Ocean Impression Organisation (OIO) is launching an Ocean Impression Accelerator Program and VC fund to again startups with options to remodel the well being of the seas.
OIO has already seen startups and entrepreneurs in 45 nations contact them through packages such because the Ocean Impression Pitchfest, Ocean Impression Ideation Program and the HP Era Impression Incubator since its launch in August 2020.
Co-founder and CEO Nick Chiarelli stated OIO has the purpose of accelerating 100 ‘ocean influence’ startups within the subsequent 5 years.
“It’s excessive time we realised the large potential of the ocean as a supply of options for a sustainable future. Whether or not it’s plentiful vitality from waves and tides; zero emissions transportation; seaweed options to sequester carbon or the treasure trove of alternatives to feed 9 billion by way of ocean harvesting – the potential is limitless,” he stated.
“Australia can and ought to be a frontrunner in scaling ocean options and that’s precisely what OIO is right here to assist make occur.”
OIO has partnered with climate-tech startup accelerator EnergyLab to co-deliver this system, and with Impression Ventures to assist the increase of a $2.5 million early stage ocean well being enterprise fund to put money into the accelerator contributors.
EnergyLab CEO Megan Fisher stated the hyperlink between the local weather and the ocean is extremely clear but under-emphasised.
“EnergyLab is thrilled to be working with OIO to make sure one of the best ocean influence startups have the assist they should quickly scale and deal with the large challenges we face,” she stated.
Impression Ventures director Piers Grove stated: “Impression Ventures is worked up to be launching this relationship with OIO to assist assist founders to entry the capital they should develop. We look ahead to working with the collaborating founders and displaying buyers how thrilling and impactful this rising panorama might be.”
Functions to the accelerator shut on March 10 with this system kicking off on April 26.
You possibly can apply for The Ocean Impression Accelerator Program right here
