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Our Oceans Challenge
Description/achievement of initiative

The Our Oceans Challenge (OOC) partner network consists of influential companies committed to generating innovative business models that promote clean and healthy oceans, not only by providing financial support but by sharing expertise and know-how with entrepreneurs and start-ups.

Implementation methodologies

OOCC provides an online co-creation platform for entrepreneurs, offshore experts, scientists and those who care for the oceans to share and enrich ideas for a clean and healthy ocean. After a selection made by our partners, we provide the means to realize these ideas by connecting entrepreneurs and start-ups with corporations their financial resources and expertise, thus shortening the time to market of ocean ventures while tackling some of our most pressing environmental and social challenges. CALL TO ACTION: In this first phase, OOC provided an online platform for innovators, entrepreneurs, students, scientist, engineers, producers, consumers and every other creative mind to share and co-create new ocean ventures. The online platform functioned as a solutions-focused meeting point where ideas could be posted, commented on, ‘liked’, discussed, and connected. Experts monitored trends and focused on connecting complementary solutions, maximising the potential of all platform visitors and their solutions. CHALLENGE EVENT: The OOC Challenge Event took place September 25th, 2014. OOC organised the event with the purpose selecting the most promising output of this platform, to share the outcomes of the Call to Action, to bring relevant parties together, and to provide network opportunities to everyone interested in ocean and marine related innovations. CO-CREATION AND DEMO DAY: The selected start-ups will be matched to a coalition of corporate partners which will support the development of their business concepts into investor-ready business plans by sharing skills, expertise, and resources. The final business plans will be pitched to potential investors during Demo Day.

Arrangements for Capacity-Building and Technology Transfer

Organisations and companies that take part in this initiative commit to sharing expertise, skills and resources with entrepreneurs and start-ups to take their ideas and together transform them into sustainable business.

Coordination mechanisms/governance structure

OOC partners see the value of being recognized as the first to have accepted the opportunity to co-create, incubate and accelerate ocean ventures. As a partner you will have first investment opportunities in the new ocean ventures launched by Our Oceans Challenge. However, OOC offers partners not only investment opportunities, but also new input on your innovation funnel, short time to market, value to your social and sustainable profile and stimulating the entrepreneurial DNA of your company by engaging your employees in the process.Partners become part of OOC through a sponsorship and in-kind contribution. Curious to see what the possibilities are for your organisation? Contact us via info@ouroceanschallenge.org.

Partner(s)

* Heerema Marine Contractors * Energy research Centre of the Netherlands (ECN) * KPMG * Outside, Inc. * Willteco * Innovation Factory * NIBC Direct * VU University Amsterdam * World Ocean Council * Jules Dock
Progress reports
Goal 7
Goal 8
Goal 13
Goal 14
Goal 17
April 2016
Start challenge on online platform
February 2016
Set up partner network challenge cycle 2016/2017
March 2016
Formulate challenge scope
Financing (in USD)
100,000 USD
Staff / Technical expertise
From all partners, strongly focused on maritime and technical expertise
In-kind contribution
In-kind contribution in terms of experts and human resources from all partner companies

Basic information
Time-frame: March/2016 - March/2017
Partners
* Heerema Marine Contractors * Energy research Centre of the Netherlands (ECN) * KPMG * Outside, Inc. * Willteco * Innovation Factory * NIBC Direct * VU University Amsterdam * World Ocean Council * Jules Dock
Countries
Contact information
Seriena Bal, QASHE Advisor Sustainability / Project lead Our Oceans Challenge, sbal@hmc-heerema.com
United Nations