Upon acceptance into the accelerator, startups receive a $25,000 investment.
Yes, we provide funding to startups in exchange for equity. Startups will be offered a Simple Agreement For Future Equity (SAFE).
No, SOA is funded through sponsorships so that we can provide support to startups at no additional cost.
Throughout the program, startups receive guidance from SOA’s community as they engage with mentors, partners, and investors to achieve their goals. The accelerator will also present founders with a rigorous curriculum that encourages personal development and executive training.
The ocean is under unprecedented pressure – depleted fisheries, plastic pollution, habitat destruction, and a variety of human activities threaten the economic vitality and ecological stability of the ocean. SOA works with startups building scalable solutions to meet these ocean challenges.
Yes, at least one member from the founding team must be present for the 8-week accelerator program. The program features a curriculum designed to take your company to the next level and is required.
No, the ocean’s challenges are global problems and we are looking for entrepreneurs from all around the world to join our program.
Yes, SOA will provide office space in the San Francisco Bay Area during the 8-week accelerator program.
No, we encourage everyone to apply. You will be required to join the SOA community upon acceptance into the program.