June 11, 2021

Innovacorp Global Blue Innovation Challenge – Deadline

Innovacorp’s Global Blue Innovation Challenge helps ocean technology start-ups immigrate to Nova Scotia, Canada, accelerate their commercialization path and become investment ready.

Global Blue Innovation Challenge participants will each receive a letter of support for a Canadian start-up visa and $25,000 in non-dilutive, non-repayable funding to address key technical and business milestones. Up to four companies will be selected and funding will be provided as an award upon arrival in Nova Scotia. An additional $25,000 per company may be available based on milestone progress, to be determined upon arrival in the province. The funding will be issued under the business name registered in the Nova Scotia Registry of Joint Stock Companies.

In addition to funding, companies will get access to a series of acceleration activities and resources. Resources will be tailored to the cohort to provide support where participants need it most. Each company will be assigned an advisor. Participants should make every effort to take advantage of the workshops, activities and other resources offered, including:

Shared office space in one of our incubation facilities: Start-Up Yard at COVEThe Bays at Innovacorp or The Labs at Innovacorp. Innovacorp’s incubation facilities offer emerging technology companies the environment they need to grow stronger, faster.

Expert advice and workshops for companies upon arrival in Nova Scotia for a minimum of six months. This support will include one-on-one advice in core business areas such as venture finance, start-up strategy and governance, and human resources and culture.

Market intelligence through the MaRS Market Intelligence Services program. Innovacorp is one of four Atlantic Canadian organizations that have been granted access to the MaRS Market Intelligence Services (MIS) offering. The MaRS team of analysts and information specialists have industry knowledge of the ocean technology sector, as well as access to thousands of top proprietary databases, reports and statistics, which are beyond the reach of most start-ups. More information and a full list of available databases can be found here.

Get all the details about this remarkable offering in the GLOBAL BLUE INNOVATION CHALLENGE INFO KIT.

Innovacorp’s Global Blue Innovation Challenge is now open for submissions. The deadline for applications is Friday, June 11, 2021, at 11:59 pm ADT.

Learn more here…