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