The 2016 Ocean Innovation Challenge calls on innovators to share ideas on how to bridge the gap between sustainability and economic growth in the ocean. We seek innovations in financing, whether these are financial instruments, products or mechanisms that will help channel responsible, sustainable investment into the ocean economy.
Innovators are invited to submit a 2-page written proposal detailing the innovation and how it meets the above criteria to firstname.lastname@example.org. Three finalists will be announced on December 2nd and invited to pitch their innovation live on stage at the World Ocean Summit in Bali, Indonesia on February 23rd, 2017, where our expert judging panel will award the ultimate winner.
For further information about the challenge and the World Ocean Summit, visit oceansummit.economist.com or download details and instructions here.
2. Who can participate?
Any organisations or individuals who have created or are in the process of creating innovative financing tools to help bridge the gap between sustainability and economic growth in the ocean are welcome to enter.
3. Can I submit an innovation on behalf of my team?
Yes, team entries are allowed but, if selected as one of the three finalists, we will only be able to provide travel and accommodation to one person to represent the team.
4.How do I enter?
Submit a 2-page written proposal to email@example.com before November 15th 2016. You are allowed to submit an additional 5-page documentation to support your submission.
5. What is the submission deadline?
The 2016 Ocean Innovation Challenge is open now and the entry submission will be closed on November 15th 2016.
6. What happens if my innovation is selected as a finalist?
The top three finalists will be announced and invited to attend the World Ocean Summit on December 2nd.
Each finalist will present their innovation to the World Ocean Summit audience and have their pitch evaluated by members of the judging panel on February 23rd 2017.
7.How will I know if my innovation has been selected in the top three?
will send email to notify you by December 2nd 2016. The finalists
information details will also be published on World Ocean Summit
website. Please add firstname.lastname@example.org to your contact list to ensure any replies from us will not be classified as spam.
8. Is my travel and accommodation covered if my innovation is selected in the top three?
The Economist Events will provide the three finalists with travel (round-trip economy class flight) and accommodation (two nights maximum) to pitch their innovation live on stage at the World Ocean Summit in Bali, Indonesia on February 23rd, 2017. Please note that we will only be able to provide the travel funding to one participant.
9. Who are in the judging panel?
Marc Hayek, president and chief executive officer, Blancpain
Jennifer Pryce, president and chief executive officer, Calvert Social Investment Foundation
Sean Kidney, co-founder and chief executive officer, Climate Bonds Initiative
Christopher Knowles, head of the climate change and environment division, European Investment Bank
Torsten Thiele, founder and managing partner, Global Ocean Trust
Andrew Palmer, business affairs editor, The Economist
Charles Goddard, executive director, World Ocean Summit
10.What is the prize?
We will provide the three finalists with travel (round-trip economy class flight) and accommodation (two nights maximum) to pitch their innovation live on stage at the World Ocean Summit in Bali, Indonesia on February 23rd, 2017. Please note that we will only be able to provide the travel funding to one participant.
A Blancpain commemorative watch will be awarded to the winner selected at World Ocean Summit.
11. Will my proposal be disclosed to the public?
The Economist Events will not distribute or share any proprietary third-party content without approval from the content creator.
Finalists will be asked for permission to share their 2-page written proposals on the Ocean Innovation Challenge website.
If you would like to submit an entry, we would suggest adding a disclaimer at the bottom of your submission outlining that all intellectual property and copyright are owned by the applicant.