OceanHub Africa 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 its eight-month acceleration program.

OceanHub Africa has successfully supported 32 startups to raise $10 million since 2020 and has expanded to other countries, growing economic, social and environmental impact.

This year’s acceleration program will 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 mentors and industry experts until graduation, coinciding with Ocean Innovation Africa, the accelerator’s international summit dedicated to fostering innovation and entrepreneurship in the African ocean space, in February 2025.

Eligible startups 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 clearly innovative and/or have a disruptive business model.

Applications for the fifth cohort of OceanHub Africa’s acceleration program are due by May 5, 2024.

For more information and registration, visit www.oceanhub.africa/accelerator-program or email contact@oceanhub.africa.