Frequently Asked Questions

About The Program

01
What is the vision of the OceanPro by Maersk?
To accelerate transformation using innovative capabilities from star-ups to generate value for business
02
What is the rationale of OceanPro by Maersk?
To capitalize on the innovative solutions available in the start-up ecosystem to stay agile and ahead as an organization
03
What are the timelines of the program (from launched to demo day)?
It’s a 120 days program which starts with a launch day and ends with a demo day. Cohort 1 demo day was in March 2018. Cohort 2 Launch is in July 2019
04
What are the key themes that Maersk will support?
• Block-chain
• Internet of Things
• Advance Text Analytics – Machine Learning/Artificial Intelligence
• AR/VR including Advanced Learning
• Image Analytics
• Fintech
05
Why are these the key themes identified?
Based on direction of the organization these key themes were scoped; the focus is centered on innovations that will benefit the transport and logistics sector
06
After a start-up “graduates” from the program, will they be part of Maersk? What will happen to their project?
On demo day, all start-ups who were with Maersk during the launch will get the opportunity to present their product/capability to investors or companies. They would also get the chance to partner with Maersk. All ‘graduates’ will get to be part of the OceanPro by Maersk alumni network.

Startups for Next Cohort

01
How can start-ups apply?
Startups can reach out to us directly via email or through the contact form on the website.
02
What are the criteria to be considered a start-up in OceanPro by Maersk?
The potential start-ups will be screened and shortlisted by the OceanPro by Maersk Team.
Candidates will be evaluated based on the questionnaire video that they will produce to show their product/ capability.
03
Criteria as follows:
• Full-time team members who can commit during the entire run of the project (4 months)
• Technical expertise
• Receptive to mentoring and feedback
• Adaptable and willing to customise
04
What are the benefits for the start-ups who will join the program?
• Access to Maersk, the market leader in transport and logistics to build and support the business from idea/concept to scaling for growth
• Maersk may provide funding during the program. Start-ups will have an opportunity to pitch to Maersk, and other potential investors after the program
• Leverage Maersk’s mentors, connect with customers, and co-develop solutions using Maersk’s data
• Co-location space in Maersk India offices for 12 – 16 weeks
05
After a start-up “graduates” from the program, will they be part of Maersk? What will happen to their project?
On demo day, all five (5) start-ups who were with Maersk during the launch in October, will get the opportunity to present their product/capability to investors or companies. They would also get the chance to partner with Maersk. All ‘graduates’ will get to be part of the OceanPro by Maersk alumni network.
06
When they partner with Maersk, does that mean Maersk will buy (and use) their product/capability?
There are various options. The above is one of them, the others include investing in the startup, contracting them as consultants.

Details Of The Program

01
How long will the program run?
4 months from the launch to demo day and after it will be a continuous process, every 3 months thereafter.
02
What are out of scope for the project? What will Maersk not provide?
• External mentoring
• Technical mentoring
• Equity partnering or Seed funding for Cohort 1
• Early stage start-ups
• Solutions which do not impact Maersk directly
• Business opportunities already being explored in Copenhagen or in the Bay Area
03
How many start-ups will Maersk take in per batch? And why?
5 – 7 per batch/cycle. The project will keep the numbers small so as to provide them with the focus and attention from senior leaders and business owners.
04
Where will the start-ups be located? Why?
The OceanPro by Maersk will be housed in Bangalore considering that is where the ecosystem currently exists. The start-ups can be co-located in any of GSC offices in India relative to the proximity to the scope of business. Some can work from offsite locations/their own offices and be available for regular reviews
05
Overview of the program phases with timelines
There is no fixed pattern, the startups with work with business leaders and develop a product/capability that can solve a business need. There will be meetings, iterations, and demos. Towards the last month the start-ups will plan for their presentation for the demo day.
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