OceanHub Africa Launches Fifth Acceleration Program for Ocean-Minded Start-ups in Africa

OceanHub Africa, Africa’s leading enabler of ocean-impact entrepreneurship, has announced the launch of its fifth acceleration program.

The Pan-African accelerator is seeking startups in Africa, who have a positive direct or indirect impact on the ocean to apply for their 8-month acceleration program.

OceanHub Africa has been successful in supporting its portfolio of 32 start-ups to raise $10 million USD since 2020 and expand to other countries, growing economic, social, and environmental impact.

This year’s acceleration program is set to kick off in July and will include an in-person bootcamp in Cape Town.

The program will offer training on investment readiness, access-to-market, pitching and ocean-impact measurement and management. Selected entrepreneurs will also receive tailored advice from key mentors and industry experts up until their graduation, coinciding with Ocean Innovation Africa, the accelerator’s international Summit dedicated to fostering innovation and entrepreneurship in the African Ocean Space, at the end of February 2025.

Eligible start-ups must demonstrate a positive impact on ocean sustainability, operate within Africa, be a for-profit entity, have a scalable service or product available on the market, and be innovative and/or have a disruptive business model.

Applications for the fifth cohort of OceanHub Africa’s acceleration program close on 05 May 2024.