Ocean Impact Organisation is Australia’s first ocean impact ecosystem and startup accelerator. They help people start, grow, and invest in businesses that positively impact the ocean. The vision they have is an abundant and sustainable ocean through inspiration, innovation, leadership and good business. Launching in February 2020 and based in Manly, Sydney, Australia. OIO was founded by “business with purpose” entrepreneur Nick Chiarelli and award-winning environmentalist Tim Silverwood. With the 5 year goals to accelerate 100 ocean impact startups and make Australia a global leader in ocean impact innovation.
Ocean Impact Organisation launched The Ocean Impact Pitchfest 2020 on the 25th August 2020. This inaugural event was presented by Bank Australia and supported by 42 partners from the OIO Partner Network. The finalist are (in alphabetical order):
- ARC Marine (UK)
- Coral Vita (The Bahamas)
- ECOncrete Tech (Israel)
- Ingine (South Korea)
- Orbital EOS (Spain)
- Planet Protector Packaging (Australia)
- PumpFree Energy (Australia)
- SafetyNet Technologies (UK)
- SharkSafe Barrier (South Africa)
- Urchinomics (The Netherlands)
- Water Warriors (USA)
- Wave Swell Energy (Australia)
We Orbital EOS are proud to be a Finalist in The Ocean Impact Pitchfest 2020. Our project was selected from almost 200 entries from 38 countries to be one of twelve finalists.
Because oil destroys the insulating ability of fur-bearing mammals, such as sea otters, and the water-repelling abilities of a bird’s feathers, exposing them to the harsh elements. Many birds and animals also swallow oil and are poisoned when they try to clean themselves or when eating oiled prey. Aside from the devastating environmental impact and the knock on impact to coastal industries and livelihoods, the spills cost billions of dollars in court fees, penalties and cleanup costs. This is our mission and this is the problem we want to help solve around the oceans of the world.
The Finalists, Runners Up and Winner of Pitchfest 2020 will share in over $175,000 of cash and support, including a $15,000 cash prize from Pitchfest Partner Bank Australia going to the Winner, as well as an OIO Support Package worth over $50,000. The Finalists will now be assessed by a multidisciplinary panel of expert judges according to various criteria including: potential for ocean impact, level of innovation, market fit, competitive advantage, a great team, strength of business plan, and a great pitch video.
The Winner will be announced on 4th November 2020. Wish us luck!