SOA and Blue Prosperity Micronesia Launch Blue Prosperity Entrepreneur Fellowship

The Blue Prosperity Entrepreneur Fellowship is a partnership between Blue Prosperity Micronesia (BPM) and Sustainable Ocean Alliance (SOA) to support entrepreneurs and sustainable businesses in the Federated States of Micronesia (FSM) working to advance ocean health, community livelihoods, and sustainable economic growth. 

Sustainable Ocean Alliance, in partnership with Blue Prosperity Micronesia, invites entrepreneurs and sustainable businesses based in the Federated States of Micronesia (FSM) to apply to the Blue Prosperity Entrepreneur Fellowship, a year-long fellowship to support emerging leaders advancing local ocean and community health.

This fellowship, which will run from August 2024 to August 2025, is a valuable opportunity for aspiring entrepreneurs and businesses in FSM to gain access to an extensive international network of business leaders while strengthening the local sustainable blue economy and supporting initiatives for a healthy, sustainable future. 

Selected participants will receive:

• A grant of up to $8,000 USD

• Participation in a minimum of 4 virtual training workshops 

• Mentorship opportunities facilitated by SOA’s global network

To qualify, projects must demonstrate a positive impact on the blue economy in the Federated States of Micronesia with measurable results and plans for sustaining the project's impact long-term. Initiatives are not required to generate profit or be affiliated with an organization in order to apply.

Applications will be accepted until Sunday, July 7, 2024. Qualified applicants will be invited to a Zoom meeting in early August, with final selections and notifications by August 16. 

If you have any other questions, please refer to the fellowship FAQ. 

About Sustainable Ocean Alliance:

Sustainable Ocean Alliance (SOA) is a global nonprofit organization created by youth—for youth—dedicated to activating young people, developing and implementing innovative solutions, and mobilizing an ocean workforce to restore the health of the ocean in our lifetime. SOA was founded in 2014 by Daniela V. Fernandez during her first year at Georgetown University to bring youth voices and solutions to the forefront of the conversation. 

Today, SOA has grown into the world’s largest network of young ocean leaders, innovators, and policymakers. To date, we have accelerated 370+ solutions (and counting) to the greatest threats facing our ocean. These solutions include for-profit startups and community-led nonprofit projects around the world.

About Blue Prosperity Micronesia:

Blue Prosperity Micronesia (BPM) is a program to support the sustainable growth of marine resources in the Federated States of Micronesia (FSM). This program is government-led, with the goal to optimize ocean uses, protect 30% of FSM’s waters, strengthen fisheries management, and support the development of marine industries.

BPM brings a holistic approach based on the best available science and stakeholder participation to build a healthier marine environment that will benefit future generations. Since launching in July 2019, BPM has made significant strides towards better management of FSM’s ocean for increased ocean health, food security, economic opportunity, and climate change resilience.