OceanHub Africa Acceleration
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Application for OceanHub Africa Acceleration Program is currently open. Calling for innovative ocean-minded startups OceanHub Africa, Africa’s leading enabler of ocean-impact entrepreneurship, is excited to announce the launch of the fifth cohort of its eight-month acceleration program. This initiative aims to support up to fifteen of Africa’s most promising impact-driven for-profit startups dedicated to preserving and restoring the health of the ocean.

What you can expect

Joining the OceanHub Africa portfolio offers you:

  • Access to a network of leading ocean experts, mentors (entrepreneurs, investors, innovation experts, impact experts, scientists, lawyers, etc.), impact investors, and potential clients.
  • Hands-on support to accelerate your growth, including customer acquisition, executing your first Proof of Concept, and scaling your business through commercial contracts and fundraising.
  • Engagement with like-minded entrepreneurs within the Blue Economy space.

OceanHub Africa Acceleration Program Benefits

  • Service Package
    • Up to $75k worth of cloud service through our partner AWS Activate.
    • Over $40k worth of mechanical engineering design software licences for prototyping and virtual testing, courtesy to our partner 3DExperience Lab.
    • Access to Dassault Systèmes, Amazon Web Services, Hubspot support, and Notion Premium.
    • Legal advisory sessions with Sidley Austin, Bowmans, and Lex Mundi (multinational law firms) based on your targeted market, valued at up to $50k.
    • Advisory sessions with: Mercator Ocean International, Blue Oceans Partners, Ocean14 Capital, WWF-SA, Dept. of Oceanography University of Cape Town, EuroSIMA, and more!
  • Mentorship & Support
    • Participation in an in-person bootcamp.
    • Tailored business skills and personal development 1-1 coaching.
    • Sales, Product Development, Communication, and Business Development Support.
    • Access to our network of scientific, business, impact, and investment experts from international corporations, foundations, universitites, and intergovernmental organisations.
  • Network
    • Access to networking events and conferences, including a stand and stage time at the Ocean Innovation Africa annual summit
    • Access to potential clients (market leads) for local and international expansion
    • Access to our international network of ocean-impact incubators/accelerators to scale overseas
    • Access to key external partners
  • Fund-Raising Support
    • Potential funding of up to 10k USD.
    • Support in preparing and conducting investor pitches, including training sessions with partner investors directly
    • Assistance in structuring deals, including reviews by transactional and commercial lawyers
    • Access to a diverse portfolio of impact investors and corporate venture capitalist funds

Note: Our program will operate in a hybrid format, combining one-week in-person bootcamp sessions, in-person participation in the annual Ocean Innovation Africa Summit, and remote sessions using online tools and communication methods.

Eligibility criteria

  • Your startup is ocean-minded, having a direct or indirect positive impact on the oceans (addressing climate change, pollution, or overexploitation).
  • You are a for-profit entity operating in Africa.
  • You offer a scalable service or product either on the market or soon to be launched.
  • Your product/service demonstrates innovation and/or your business model is disruptive.
  • You are seeking investments or exploring new markets.

OceanHub Africa Acceleration Selection Criteria

  • Impact & Vision
    • Positive Impact on the ocean
    • Aligned vision with OceanHub Africa
  • Business Model
    • Market & Traction
    • Commercial Value
    • Strategy for growth & scalability
  • Team
    • Expertise & Background
    • Ambition & Passion
  • Technology
    • IP Owned
    • Reliability
    • Innovation
    • Adaptability & Scalability

How to Apply

Click Here to Apply

Deadlne: 5th May 2024

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    Johnpaul Mbanefo

    The author Johnpaul Mbanefo

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    Mr. Johnpaul Mbanefo is a dynamic professional specializing in project management, business analysis, business plan and proposal writing, agribusiness consulting, grant writing, and pitch deck expertise, driving success through strategic planning and effective communication.


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