Global Incubator Programme: Canada - Ocean Scaleup Accelerator
Innovate UK are seeking up to 8 innovative companies in the ocean sector for a tailored 6-month incubation programme in Halifax, Nova Scotia, Canada, including participation in Canada’s premier ocean technology event.
Innovate UK and Innovate UK EDGE will fund and organise flights, accommodation, in-market transfers for successful applicants for two group market visits, including participation at the H20 Conference and a demonstration at the COVE Demo Day. One representative from each company will be funded per visit.
Innovate UK’s Global Incubator Programme, delivered in partnership with Innovate UK EDGE, is an acceleration programme for innovative businesses to work with a world-leading incubator in Canada building long-term relationships and foundations to accelerate future market growth.
We are currently accepting applications for up to 8 innovative companies in the ocean sector to join our tailored 6-month incubation programme delivered in partnership with COVE, a global innovation centre for the ocean technology sector located in Halifax, Nova Scotia, Canada. The programme includes participation at Canada’s premier event for the ocean technology sector, the H2O Conference, including the opportunity for companies to demonstrate their technology offering to industry experts and prospective customers at COVE Demo Day.
Focus areas: This programme is particularly relevant for businesses in the areas of:
- Marine Energy
- Marine Environmental Monitoring
- Marine Net Zero
- Marine Observations
- Marine Robotics
- Marine Transportation
- Ocean Plastics
Key technologies with marine applications including, but not limited to:
- Alternative Energy
- Aquaculture Systems
- Autonomous Vessels
- Fishery Processes and Management
- Ocean Sensors
- Robotics and Drones
- Vessel Design and Manufacture
Note that there is also currently an open competition looking for UK registered organisations to develop collaborative ocean technologies R&D with Canadian organisations (deadline 18th October, up to £500k per project for UK partners). These two competitions are not linked and you are welcome to apply for both.
To apply, you must:
- Be a UK based company
- Be a business with fewer than 500 employees
- Have a focus on the ocean sector
On acceptance to the initiative a commitment fee of £1000 will be obtained from each delegate, which will be refunded on completion of the full activities and agreed action plan. Non-completion after formal acceptance may result in forfeiting some or all the commitment fee.
Canada has become a world leader in engineering products and services suited to extreme harsh ocean environments, marine remote sensing technologies, and ocean observing systems. Atlantic Canada contributes more than half of Canada’s $36bn ocean economy and is home to a strong cluster of ocean industries and to ground breaking ocean research. This region is quickly becoming a globally recognised hub of oceans expertise with the potential to be a significant contributor to a number of Global Value Chains associated with the oceans sector.
COVE brings together people, ideas, industry, and research to enable their community to work in new ways. It fosters the development of an engaged workforce for ocean industries to meet todays and future needs and takes advantage of both on and offshore shared infrastructure to enable new ocean products and services. COVE is a catalyst in creating the world’s next practical, commercial, and revolutionary ocean technology advances.
Applications close: 5th November 2023
Shortlist Interviews: 22nd – 24th November 2023
Companies notified: By 1st December 2023
Programme commences (virtually): 2nd January 2024
First Market Visit: 27th January – 3rd February 2024
Second Market Visit: 29th May – 7th June 2024
Continued support from Innovate UK EDGE: July – October 2024
For more information, assistance with your application or to discuss accessibility needs, please contact: firstname.lastname@example.org