The Sustainable Ocean Alliance (SOA) has announced that applications are now open for the Ecopreneur Network Class of 2024. This prestigious program offers lifetime support to ocean-focused startups, providing them with a comprehensive suite of benefits designed to amplify their impact and accelerate their growth.
Key Features of the Ecopreneur Network
- Lifetime Support: Unlike traditional accelerator programs, the Ecopreneur Network offers lifetime support to startups. This means that entrepreneurs can benefit from custom-tailored services that expand and grow alongside their ventures, regardless of where they are in their startup journey.
- Mentorship: Startups have access to a network of over 330 mentors who can provide guidance and expertise through matching events and skills-based mentor working groups. This mentorship is crucial for entrepreneurs, as it helps them navigate the challenges of starting and growing a business.
- Funding Opportunities: The Ecopreneur Network connects startups with a network of ocean-committed investors. This includes personal events, one-on-one connections, and other opportunities to secure funding. Additionally, members are eligible to receive an investment from SOA of up to $100,000 USD.
- Thought Leadership and Media Exposure: The program provides unique opportunities for startups to build thought leadership skills by contributing their perspectives to various media platforms. This helps in establishing a strong brand and reputation in the industry.
- Access to Partner Offerings: Members have privileged access to SOA-verified global ocean partners, which can provide additional resources and support.
Eligibility and Application Timeline
The Ecopreneur Network is open to startups from around the world, with no age restrictions. To be eligible, startups must be incorporated and building a for-profit company with at least a pre-seed or seed stage financing round completed. The company must align with one or more of the following ocean impact areas:
- Greenhouse Gas Reduction: Blue Carbon & CO2E Removal or Avoidance
- Pollution Reduction: Circular Use, Waste Removal or Avoidance
- Ecosystem and Species: Preservation and Restoration
- Blue Foods: Fisheries, Aquaculture, and Seafood Alternatives
- Ocean Data, Literacy, and Research
Applications will be reviewed on a rolling basis, with priority access given to applications received by June 3, 2024. The general application deadline is October 4, 2024. The full Class of 2024 will be announced at the end of the year.
Impact and Success of Previous Classes
The Ecopreneur Network has already welcomed the inaugural Class of 2023, bringing the total number of startups in the network to 56. These startups have collectively raised an astounding $460 million USD in total estimated investment capital, empowering them to employ over 700 individuals. The visionaries behind these startups work tirelessly to heal, restore, and sustain the health of our ocean and planet.
Conclusion
The Ecopreneur Network Class of 2024 offers a unique opportunity for ocean-focused startups to receive lifetime support, mentorship, funding opportunities, and access to a global network of partners. With priority access available until June 3, 2024, entrepreneurs from around the world are encouraged to apply and be part of this transformative journey.