The ocean is one of the most compelling frontiers for innovation today: vast, complex, and deeply connected to some of the biggest challenges and opportunities of our time. From how we produce energy and move goods, to how we feed communities and protect national interests, ocean industries are undergoing rapid transformation. For innovators, this moment represents not just a challenge, but a significant opportunity to build solutions with real, lasting impact.

The Ocean Startup Project has opened applications for the 2026 Ocean Idea Challenge, a national early-stage three-month sprint that helps Canadians turn bold ocean ideas into validated startup opportunities. Selected teams can receive up to $8,000 and hands-on support from Ocean Ecosystem Navigators to pressure-test assumptions through real customer conversations, build evidence, and make smart decisions early on so they can move forward - or pivot - with confidence.

From quieter ships and cleaner exhaust to self-powered ocean sensors and smarter electrified ports — this year’s Lab2Market Oceans / Validate cohort is built for real-world impact. The Ocean Startup Project (OSP) today announced the 18 research-driven teams selected for the 2026 cohort, an eight-week, full-time customer discovery experience designed to move ocean innovation from promising research to practical adoption. 

Delivered by the Ocean Startup Project and hosted by Memorial University’s Research Innovation Office, Lab2Market Oceans / Validate pairs coaching, workshops, and mentorship with an intensive customer discovery journey. Teams step out of the lab and into real conversations with potential users, buyers, partners, and decision-makers — pressure-testing assumptions, sharpening value propositions, and clarifying what it will take to earn adoption.

The Ocean Startup Project (OSP) announced today the first cohort of startups selected for funding through Amplify, a collaborative program supporting high-potential Canadian ocean technology ventures accelerate commercialization. Launched this past summer, Amplify provides up to $25,000 per company to support pilot projects, customer demonstrations, and technology deployments. In this initial program pilot, $100,000 in funding is available to help ocean startups close the gap between building innovative solutions and landing their first major customers.

The Ocean Startup Project is proud to announce Montreal-based V1 Studio as an official partner, further strengthening the national effort to support Canada’s emerging ocean technology entrepreneurs. As part of this new partnership, V1 Studio will join the Ocean Startup Project Steering Committee, contributing its expertise to help guide the strategic direction of OSP and ensure its programs continue to evolve in support of Canada’s next generation of ocean innovators.