Deadline:
As soon as possible
Location(s)
Norway
Oslo
Overview
Are you a for profit startup with a positive impact on the ocean looking for funding? Our Ocean Accelerator Program is now open for applications. The program is designed for ocean startups working in the fields of food, transport, energy, natural assets, infrastructure and new frontiers. It this is you, we strongly encourage you to apply.
3-month intense program with a focus on growth, investor readiness, leadership development, exponential tech and introductions to the Norwegian and global ocean tech ecosystem. The sectors covered are transportation, ocean health, harvesting, energy and new frontiers.
We invest in startups that build profitable businesses with a positive impact on our ocean. We catalyse capital, talent, companies and startups to accelerate the blue shift in the ocean industries. We steward ocean tech startups to achieve the UN Sustainable Development Goals with a main focus on SDG 14, Life Below Water.
Details
We believe in a world where a thriving ocean is in harmony with economic development. That is why we invest in and support startups that have a positive impact on our ocean.
Program Details
A 3-month intense virtual programme with a focus on growth, investor readiness, leadership development, scalability, and introductions to the Norwegian and global ocean ecosystem. Our focus areas are transportation, ocean health, harvesting, energy and new frontiers. You’ll receive from $150,000 USD investment into your company as part of the program in exchange for equity. Applications are open.
Why Oslo, Norway?
With one of the world’s longest coastlines and a history closely linked to the ocean, Norway has developed one of the strongest hubs for ocean tech expertise. Many of the world’s leading companies within shipping, subsea, and aquaculture are based here. Norway is therefore a natural hub for Katapult Ocean. Similarly, Oslo is the fastest growing European city and the ideal launchpad for your impact-focused business. As a result, you can tap into a highly educated population with extensive capital and expertise in global issues. This is in addition to the high-quality international mentors, who fly in to meet you in Oslo. Perhaps most importantly, Norway is a country based on trust. This is one of Katapult Accelerator’s most important values and we know you’ll feel that sense of trust the moment you hit the ground here.
Request for startups
We believe in making a positive impact. We believe in technology as the key driver to solve the challenges in the ocean. We believe in the untapped potential of our oceans. We believe in the untapped talent of the world. We are the Katapult Ocean Accelerator and we´re looking for brave founders who believe in the same mission to join us.
Making a positive impact in the world and building great business opportunities are part of our mission. We do not feel these two concepts are mutually exclusive and, in fact, together they form an incredibly powerful union. So, we want to support companies that do good but also generate significant financial value. This union allows these companies to be more sustainable, expand their reach, attract the best talent and attract investor capital.
There is no shortage of talent out there but in many cases, they lack the proper support needed to bring their dreams to life. So, we’re creating the ultimate platform to turn the passion of talented founders, like you, into something great. We know founders can learn more effectively with proper mentorship and deep access to industry experts and pilot customer, and they need the right software tools to grow. We also know this talent lies in every corner of the globe, so we’re agnostic about where you call home.
We are fueled and inspired by our deep belief in exponential technology, such as AI, machine learning, and blockchain, which are creating a paradigm shift in the way society will operate in the future. They allow startups to scale faster and to a new degree never before possible while solving problems in our oceans and finding new opportunities.
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
Do we have to move to Norway to attend the program?
Previously, companies have been asked to temporarily move to Norway for the duration of the program. However, the world looks different today, and due to the global pandemic we have shifted to a all-digital, online solution. We’ve actually experienced that this is a better solution for both the startups and the environment. You will, therefore, not have to relocate to Norway for the duration of the program.
Dates
Deadline: As soon as possible
Cost/funding for participants
What we offer
- Investment: ticket size from USD 150 000 – 400 000, in return for equity. Our fund investors represent family offices, corporates and institutional investors, the majority with a link to the ocean industries.
- A world-class ecosystem of investors, partners, pilot customers, research institutions and ocean stakeholders.
- A global network of leading ocean industry mentors and entrepreneurs. Take a look at our mentors here.
- A fully digital accelerator program allowing you to attend from wherever you are based
- Global investor day. When the situation allows for travel again, we will do roadshows in relevant ocean hubs globally.
- A life-changing experience.
Un-save Opportunity
Internships, scholarships, student conferences and competitions.
