The OIC is a unique new mechanism that has been designed to accelerate progress on SDG14 by identifying, financing, advising and mentoring of truly innovative, entrepreneurial and creative approaches to ocean and coastal restoration and protection that sustains livelihoods and advances the ’blue economy’.  The OIC is issuing a series of 'Ocean Challenges' or Requests for Proposals, each focused on a specific SDG14 target. Initial concepts may be submitted by public or private entities, including governments, private companies (including start-ups), NGO/CSO, United Nations entities, academic institutions, and intergovernmental organizations. The first 'Challenge' opens here on 8 January 2020.

Concepts passing initial review and meeting OIC criteria will be invited to submit full proposals for further internal and external ("peer") review and consideration. Project time frames can range from one to two years. Project proposals must be implemented in and benefit stakeholders in developing countries but may be submitted by applicants in either developing or developed countries. All proposals should include a special focus on ensuring gender equity, livelihoods of the poor and poverty eradication.

For more information, please visit http://www.oceaninnovationchallenge.org.