Applications are open for the Ocean Impact Pitchfest 2022. Apply today to Ocean Impact Organisation’s global initiative to discover, support and accelerate startups working on transformative solutions to improve ocean health.

Pitchfest 2022 returns with new awards, features and partners to help take your idea to the world and accelerate your ocean impact. Applying is simple so don’t delay!

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Prizes from Ocean Impact Pitchfest 

• Winner
  • $50,000 AUD cash prize
  • Access to key business and science mentors
  • OIO Communication Boost
  • Extensive exposure over OIO and partner channels
• Two Runners-up
  • $10,000 AUD cash prize (First Runner up)
  • OIO Communication Boost
  • Extensive exposure over OIO and partner channels
• Nine Finalists
  • Dedicated Ocean Impact Podcast interview
  • OIO Communication Boost
  • Extensive exposure over OIO and partner channels
• Spotlight Awards
  • $10,000 AUD cash prize
  • Extensive exposure over OIO partner network
  • Be recognised as a leader in addressing a key ocean challenge area
• NSW Ocean Innovation Award
  • $10,000 AUD cash prize
  • Extensive exposure over OIO and partner channels
  • Be highly recognised for your solution within key stakeholder networks in NSW
• Exposure and Experience
  • Improve storytelling skills by developing a brief succint video and application
  • Share your startup story with the world through OIO’s communication boost to broad, global audiences

Eligibility for Ocean Impact Pitchfest 

• Pitchfest is open to applications from all over the world.
• Entrants must have the potential to significantly improve ocean health through their business model.
• Entrants must have the potential to grow their solution rapidly.
• Entrants are expected to have a refined business idea with some level of customer validation.
• Entrants must have annual turnover of less than $5milUSD, based on the last two full financial years.
• Entrants must be pursuing a profit motive business model.
• Entry is not open to not-for-profits.

Judging Criteria

• Your solution must have the potential to significantly improve ocean health.
• Your solution should be highly novel or unique.
• You must demonstrate a good level of product/market fit i.e. customers need your solution and your number of customers and/or customer pipeline is growing fast.
• Your business must be able to compete against existing competitors and fend off copycats.
• You must have a realistic business plan and a high likeliness of generating sustainable profits.
• You have the right balance of skills and experience to build your business.
• You must be able to clearly articulate the problem you’re working on, the size of the opportunity & potential for impact, and why you have a great chance of being successful. Extra consideration will be given to applications with an attractive video entry.

Application of Ocean Impact Pitchfest 

Applying to Pitchfest is a two step process:

• STEP 1: A simple online application form.
• STEP 2: Successful applicants will be invited to submit an up to three-minute pitch video. OIO will contact applicants within 3 business days to inform them if they have been successful in proceeding to Step 2.

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Lastly, It is important to visit the official website link found below to access the application form.

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