Blue Venture Builder Africa Program
Hatch and Ocean Hub Africa with the support of Deutsch Gesellschaft für Internationale Zusammenarbeit (GIZ) are partnering to build a regional and interconnected blue tech community with a gender lens.
The Blue Venture Builder AFRICA program looks to support the creation of a sustainable ecosystem around Blue Tech with inclusivity in Southern Africa.
The Blue Venture Builder is a first generation collaboration between Ocean Hub Africa, GIZ and HATCH. The programme seeks individuals and teams with a skillset that can solve specific bottlenecks and problems within the sustainable blue economy.
Through an initial 10 day bootcamp, participants will be connected with the programme’s supporters, mentors, and workshop participants to brainstorm business models and ideally, create viable, sustainable, blue economy business solutions.
Thematic Focus: Blue Tech
Objective
The objective of the Blue Venture Builder programme is to support and accelerate the development of Blue Tech ventures by providing access to resources, domain experts, potential investors, corporate partners and technical expertise.
Networking with resource providers and corporate partners
Potential for investment funding
Access to domain experts and technical expertise
Building a business in the Blue Economy
Opportunity Areas
Blue Carbon
Novel Seaweed Processing
Health
Genetics
Feed/Nutrition
Hardware & Software Solution
Seafood Processing
Upcycling Seafood Waste
Cold Chain Solutions
Ocean Conservation
Logistics
All flight travel (up to €1000) accommodation (100 euro/night) and a per diem (30 euro) will be covered for each selected participant.
Hatch & OHA will work with 30-40 individuals & teams, who are passionate about building a sustainable business in the Blue Economy.
Whilst there is no equity investment during the programme, there is opportunity to meet investors within the network who may seek to invest in your company, including HATCH and other investors in the blue economy.
When does the programme start?
Phase I
1st – 10th May, 2024: 10 day bootcamp
location: Cape Town, South Africa
Phase II & III
5-month remote and hybrid process
Why Join?
For those entrepreneurs that are joining the programme without an idea of their own, they aim to come up with problem statements that affect the regional or global blue economy and identify solutions with commercial potential.
opportunity to pitch in front of investors 5 months from inception
HATCH & OHA Team Access
couple your unique skillset with a business solution
Criteria
Countries: Angola, Kenya, Madagascar, Mozambique, Namibia, South Africa, and Tanzania.
You do not need to have a registered company to apply for this programme. However, they expect all participants to have the objective of setting up a company during the course of the programme and will evaluate applicants on this accordingly.
On a case-by-case basis, they will consider a maximum of four participants per team.
During the initial 10-day bootcamp beginning on 1st May, on-site presence is required as they will run all activities in one location. In the experience, physically connecting with the cohort, HATCH team and its mentors is far more rewarding and productive.
Subsequent online support sessions will continue to assess participant’s progress after the bootcamp ends.
How to Apply
For more information and job application details, see; Blue Venture Builder Africa Program
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