Deadline: 16-Dec-22
The Blue Economy ClimAccelerator seeks to promote innovative ideas to support the growth of maritime activities – fisheries, aquaculture, blue bioeconomy, coastal and maritime tourism, desalination, renewable energy (offshore, coastal & marine), maritime transport & infrastructure, ports, waste disposal management or coastal resilience and protection (e.g. sustainable tourism infrastructure, sea walls, carbon sequestration) and other related climate-positive activities in the Blue Economy.
Benefits
- The Blue Economy ClimAccelerator is a free virtual program of training, mentoring, knowledge-sharing and investor linkages designed to support participants to build viable business plans.
- Bootcamp & learning sessions – Weekly online training bootcamps will provide core business training to further refine and develop USP, target market and business model and help entrepreneurs translate business plans into concrete value propositions. In addition, a series of blue economy-themed virtual learning sessions will be held to share insights, learning and experience of running successful blue economy businesses.
- Mentorship Program – Each selected enterprise will be assigned a mentor for the duration of the program. The mentorship program provides participants with opportunities to learn, connect and test ideas with experts.
- Market/Investor linkages – During and beyond the program, Pacific Greenpreneurs will have on-going opportunities to engage with like-minded entrepreneurs, providing opportunities for professional development, brand-building, and awareness, and more. A Demo Day event will be held at the end of the program to showcase innovations and business plans and serve to connect enterprises with investors.
- Grant funding – Enterprises will be invited to submit business plan/funding proposals during the program. Based on the assessment of the funding proposal submitted, grant amounts will be awarded accordingly to each start-up of between EUR 5,000 – 10,000 to implement their business plans.
Who are they looking for?
- Your enterprise’s main operations are in fisheries, aquaculture, blue bioeconomy, coastal and maritime tourism, desalination, renewable energy (offshore, coastal & marine), maritime transport & infrastructure, ports, waste disposal management or coastal resilience and protection (e.g. sustainable tourism infrastructure, sea walls, carbon sequestration) and other related climate-positive activities in the Blue Economy.
- You aim to create positive climate change and/or environmental impact through your product offerings, operations, or processes, while creating a profit.
- You are dedicated and eager to learn, and passionate about your cause.
- You have typically been in operation for less than 5 years.
- Your business is innovative and unique in some way.
- You have sound, technical understanding of your business or idea, but would like to learn more about how to build an effective and sustainable business model for success.
- You have sufficient access to internet and a computer to enable participation in the online program. You are committed to completing a 5-month program from January – May 2023.
- You are comfortable with written & spoken English language.
Eligibility Criteria
- The following criteria must be met for applications to be assessed for the Blue Economy ClimAccelerator.
- The lead applicant must be a citizen of one of the following countries:
- Fiji, Kiribati, Marshall Islands, Nauru, Niue, Papua New Guinea, Samoa, Solomon Islands, Tokelau, Tonga, Tuvalu, Vanuatu, Wallis & Futuna
- The enterprise must be appropriately registered/incorporated to operate as a for-profit business (sole trader, private limited company, partnership etc.), civil society organization (CSO)/non-governmental organization (NGO), cooperative or trust in one of the countries listed.
- The enterprise must have its main operations in one (or more) of the following: fisheries, aquaculture, coastal and maritime tourism, desalination, renewable marine energy, maritime transport & infrastructure, waste disposal management or coastal resilience and protection (e.g. sustainable tourism infrastructure, sea walls, carbon sequestration).
- The minimum age of the lead applicant is 18 years old.
For more information, visit Blue Economy ClimAccelerator.