The BID-Femsa 2020 Award for the most innovative solutions in water, sanitation and solid waste awards prizes of up to US $ 10,000 three winners in each category.
Many of the great innovations in history have emerged at times of greatest need. 2020 has undoubtedly been one of the most critical years for our generation. But it can also be a year of great innovations that help us overcome historical challenges, such as inequality in water, sanitation and solid waste management services.
This year the BID-FEMSA Award will be held entirely in virtual format through www.premiobidfemsa.com. In this edition, the Prize grants a stimulus of US $ 10 thousand to each of the winners of the three categories that will be awarded in 2020: Water Category, Sanitation Category and Solid Waste Category.
The pandemic has made innovation in these three sectors more important now than ever, so the innovative solutions in water, sanitation and/ or solid waste that addresses the issue of Coronavirus (COVID-19) will be get a special recognition award this year.
The BID-FEMSA Award, granted by the IDB’s water and sanitation division and the FEMSA Foundation, recognizes each year the most innovative solutions with proven results to overcome deficiencies and challenges in the water, sanitation and solid waste management sectors. The prize has been awarded since 2009 to creative and innovative ventures, products, initiatives or services that already have positive and demonstrable impacts and results in these sectors.
They can participate, innovations with development of solutions or products implemented and in execution for a minimum time of 6 months and a maximum of four years from the time of opening of this call.
The call is open from June 25 to August 9, 2020. The complete rules of the contest and the electronic application form are available on the official page of the call for the BID-FEMSA 2020 Award at www.premiobidfemsa.com in Spanish and English. Organizations or enterprises that wish to apply can present their solution in the IDB’s four official languages (English, Spanish, Portuguese, and French) and refer their queries to [email protected]
The Prize will be presented in a virtual live ceremony at the beginning of December 2020 in which the finalists will have the opportunity to present their solution to the judges and the participating public.
As in previous years, all participants must submit as part of their registration a video of no more than two minutes in which they explain their innovative solution. Here you can meet the winners of the previous editions of the BID-FEMSA Award.
An initial jury made up of experts from the water and sanitation sector will select a maximum of seven (7) candidate solutions as finalists, who will be invited to participate in the final stretch to compete for the first place in each category of the award. The selected finalists will compete by presenting their solution in a “pitch by fire” format of a maximum of 2 minutes, before a final jury, made up of experts and industry leaders worldwide, who will choose the three winners,
To learn more about the BID-FEMSA Award and previous winners visit the official page in Spanish and English. Updates on this call will be made through the blog of the Water and Sanitation Division Let’s go back to the Source.
About the Inter-American Development Bank (IDB)
The Inter-American Development Bank is one of the main sources of long-term financing for economic, social, and institutional projects in Latin America and the Caribbean. In addition to loans, grants, and credit guarantees, the IDB conducts cutting-edge research projects to provide innovative and sustainable solutions to the most pressing problems in our region. Created in 1959 to help accelerate progress in its developing member countries, the IDB works every day to improve lives.
About FEMSA Foundation
At Fundación FEMSA, our mission is to positively impact individuals and communities through social investment for sustainability. We make a better future for all by working in three strategic areas: we promote the efficient management of resources for sustainable development, we promote the integral development of early childhood and we disseminate Latin American art and culture. For more information, visit us at www.fundacionfemsa.org or follow us on Facebook (/ FundacionFEMSA) and Twitter (@FundacionFEMSA).
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