Katapult Ocean Launches 2nd Call for Accelerator Programme

Business & Finance

The Katapult Ocean Accelerator Programme is looking for start-ups that provide solutions to the ocean challenges.

Young tech companies, working with technology catering to aquaculture, fisheries, transport, offshore energy and ocean health are encouraged to apply for the Katapult Ocean Accelerator programme.

A 3-month program focuses on growth, investor readiness, leadership development, exponential tech and introductions to the Norwegian and global ocean tech ecosystem.

According to Katapult Ocean, you’ll receive from $150,000 USD investment into your company as part of the program in exchange for 8% equity. There is a $50K program fee that will be deducted from your investment.

Applications for the second batch are due by August 31st 2019, and the program will start fall 2019, in Oslo, Norway.

To remind, Katapult Ocean and GCE Ocean Technology recently partnered to support start-ups. GCE Ocean Technology will contribute with mentoring and also help the start-ups connect with the the market and cluster members.