The 2023 Flood Insurance of the Future Challenge

Meet the Winners

Amid rising seas and an unsustainable national flood insurance strategy, homeowners, businesses and renters need a better solution. Our Flood Insurance of the Future Challenge sought innovative solutions to reduce flood insurance premiums and payouts by 50%.

Our winners delivered.

Each company will be piloting their solution in Hampton Roads, Virginia through the end of 2023.

What Happens Next?

In addition to funding, each Solution Builder enjoys access to a full package of benefits, including:
  • Real-world pilot sites in coastal Virginia to test and validate products
  • Introductions to potential investors and customers
  • Regulatory assistance with permits and government funding
  • Co-working office and fabrication space
  • Guidance and valuable feedback from pilot hosts on how to maximize products or solutions for market adoption
  • PR opportunities and media visibility
  • The only ecosystem of coastal resilience entrepreneurs in the U.S.
  • Tailored accelerator curriculum