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Ocean Startup Challenge Selects 16 Startups for 2024 Cohort

October 16, 2024 by Newsdesk

The Ocean Startup Project has announced 16 companies for its annual Ocean Startup Challenge, offering each up to $25,000 in non-dilutive funding and a support package to accelerate their ocean-focused solutions. This year, the Challenge drew over 50 applicants across Canada, with seven startups hailing from British Columbia.

The cohort, tackling sustainable seafood, renewable ocean energy, and marine biotech, includes Celerity Craft, Fibr.Bio, and Ocean AID. Natasha Legay, Director of the Challenge, praised the creativity and drive of the participants, emphasizing their potential to address real-world ocean challenges.

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