Blue Venture Builder - Hawaii
new companies formed as of May 2024
"blue talent" individuals have applied to program
In collaboration with University of Hawai'i CLiRAIM program, and supported by NSF Innovation Engines & NELHA, Hatch Blue invites applications for Blue Venture Builder Hawai’i 2024: a three phase, all-expenses-paid ideation and implementation programme held at HOST Park on Hawai’i Island and Entrepreneur’s Sandbox on Oahu.
The Blue Venture Builder Hawaii program is a second generation collaboration between CLiRAIM and Hatch Blue. The programme seeks individuals and teams with wide skill sets that can solve bottlenecks and problems within the sustainable blue economy. Through an initial 6 day bootcamp, participants will be connected with the programme’s supporters, mentors, and workshop participants to brainstorm business models and create viable, sustainable, blue economy (non-profit or for profit) business solutions.
Why join
- Ideate and start implementing your own business that solves a social and economic challenge for Hawai‘i
- Free coaching & mentoring on starting a business in one of Hawai'iʻs burgeoning blue industries
- Establish a network within your field (studies show 60% of jobs are found through networking)
- Gain invaluable market and industry insights
- Meet with farms operating in on & off-shore aquaculture, blue carbon, biotechnology, marine R&D and regenerative seafood
Who
- Aquaculture enthusiasts
- Biologists & marine scientists
- Engineers & technologists
- Data scientists & AI enthusiasts
- Designers & creatives
- Business minds & entrepreneurs
- Students & researchers
Join the program to receive
Co-working office space.
Access to both cold AND warm water testing.
Customer and industry discovery trips to partner farms and feedmills in Hawai’i, Norway, Singapore, and Vietnam.
Exposure to our global network of investors, industry representatives, farmers, and first adopters built over the last decade.
Investor-readiness analysis and advice conducted by our fund managers.
Join a community of 135+ ventures and entrepreneurs from previous accelerators and innovation studios for learning and collaboration.
On-hand marketing and design help.
Mentor sessions with industry leaders and personalized discussion opportunities.
R&D facilities.
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Our core offering
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Investment
We invest across the following sectors
Contact Us
For questions about current program please contact our team
FAQs
The application deadline is Tuesday, 1st of October, 2024.
Phase I
21-23 Nov - 3 day bootcamp
Location: Nelha, Host Park, Kona, Hawaii
Phase II
5-7 Dec - 3 day bootcamp
Location: Entrepreneurs sandbox, Honolulu, Hawaii
Phase III
3 to 12-month hybrid process between your location and NELHA’s HOST Park
The programme is a 3 phase process beginning with phase I on 21 Nov, 2024 for a 3-day bootcamp, followed by phases II on X Dec for another three day bootcamp. These two phases are for all participants. The 3rd and final phase is only for those successfully selected to enter into the “validation” and “acceleration” period that will take place within Hatch Blue’s Ocean Foundry program over the course of a further 3 to 12 months.
Hawaii and hybrid process between your location
Whilst there is no equity investment during the programme, there is opportunity to meet investors within our network who may seek to invest in your company during phase III, including Hatch Blue and other investors in the blue economy.
All flight travel is covered and will be booked for you. Land transport between the hotels and workshop venue will also be pre-arranged. Accommodation at selected hotels will be reimbursed unless you require advanced support. All lunch meals, snacks and beverages will be available during workshop hours within the workshop hours. There is no per diem offered.
No, you do not need to be in or have your own business in order to apply to participate in the workshop. Any one person, team, or startup are encouraged to apply.
On a case-by-case basis, we will consider a maximum of three participants per team.
Yes, during phase I and Phase II, on-site presence is required as we will run all activities on location. In our experience, physically connecting with the cohort, Hatch Blue team and its mentors is far more rewarding and productive.
The subsequent phase III of the programme will take place on a remote and hybrid basis at the Ocean Foundry in HOST Park, Kailua-Kona.
Subsequent online support sessions will continue to assess participant progress.
Hatch Blue was conceived in late 2017 by co-founders Carsten Krome, Wayne Murphy and Georg Baunach, with the goal to revolutionize the way we produce seafood through investing in its technological development.
If you attend with already existing patents or IP, there is no specific requirement for you to disclose your confidential information (including any trade secrets) or IP during the program. However, if you do wish to share any information with us, the Hatch Blue team will ensure that all information is kept totally confidential and will not be shared without your written permission.
Program specific questions
What is the objective of the venture builder?
The ultimate objective is to connect the brightest minds to build viable, sustainable, blue economy businesses that will have an impact in the sector.
What do I need to pay for?
Travel to and from your nearest airport from your home. Your breakfast and dinner. everything else is covered (flights to Kona, lunch, beverages.)