Egypt launches international competition for startups in the field of climate technology

Al-Mashat: The competition aims to increase the participation of startups in combating the repercussions of climate change

The Ministries of International Cooperation, Environment, Communication and Information Technology have announced the launch of the International Climatech Run 2022 competition, targeting emerging companies working in the field of climate technology from the African continent and around the world, with the aim to stimulate and the encouragement of innovative and sustainable digital and technological solutions to promote climate action and face the economic consequences and social consequences.

A statement said this comes within the framework of the Egyptian state’s preparations to chair and organize the COP27 climate summit and the efforts made to involve all relevant parties in promoting climate action, and encouraging innovative ideas and sustainable solutions.

The launch ceremony was attended by Dr. Rania Al-Mashat, Minister of International Cooperation, Dr. Yasmine Fouad, Minister of Environment, and Dr. Amr Talaat, Minister of Communications and Information Technology. Nicole Champagne, Chargé d’Affairs of the US Ambassador in Cairo, Kanayo Awani, Executive Vice President of Afrixim Bank, and Pravin Agrawal also participated in the launch. WFP’s country director in Egypt, Hisham El Nazer, director of Google Egypt, Frederica Maser, country representative of the United Nations Population Fund (UNFPA), and Ahmed Rizk, resident representative of the United Nations Industrial Development Organization.

The International Climatech Run 2022 competition is an example of constructive partnerships between the government, development partners, the private sector and large technology companies, in order to open up prospects for climate action for start-ups, as the competition is implemented in partnership with the US agency for start-ups become International Development, the World Food Programme, the United Nations Development Program and the Bank. The African export-import “Afrixim Bank”, Google, the United Nations Population Fund, the United Nations Industrial Development Organization, Microsoft Corporation, and among the accelerators Falak StartApps, Entrepreneur Network, AfriLabs and many other partners.

The competition comes in response to the global call for the need to address climate change and innovative sustainable solutions aimed at preserving the environment and giving priority to environmentally friendly technologies that support solutions for adaptation and mitigating the repercussions of climate change. To contribute with their solutions to provide sustainable and innovative mechanisms to deal with climate change and to raise awareness of its seriousness and how to face the economic and social challenges it causes. The second track targets specialists on the field of digital art.

Dr. Rania Al-Mashat, Minister of International Cooperation, in her comments highlighted the essential role that start-ups can play through innovative ideas to combat the repercussions of climate change by reducing emissions in the energy sectors, improving food security and stimulating smart and sustainable transport , explaining that Egypt aims to stimulate stakeholder participation to transform climate pledges into concrete actions during COP27 for a green economy transition.

The Minister of International Cooperation indicated that the initiative we are talking about comes as a result of partnerships between the government, the private sector, development partners and business accelerators in order to stimulate emerging companies working in the field of climate technology, and to receive the best . ideas from around the world, especially the African continent, explaining that the initiative is among a number of One of the axes that the Ministry is working on in preparation for the Climate Summit, and in line with the government’s effort to transition from promises to implementation.

Fouad: COP27 is a conference to implement ambition through viable youth ideas

Dr. Yasmine Fouad, Minister of the Environment, emphasized that the launch of this competition, which targets young entrepreneurs and emerging companies from around the world in the application of communication technology to face the challenge of climate change, confirms the role that this sector can play with youth visions and innovations in advancing climate action.

The Minister of the Environment explained that the phenomenon of the climate challenge has become a reality recognized worldwide after the clear successive effects on the planet, which require rapid action by all, and on the way to the upcoming COP27 climate conference, which Egypt as host will present. an implementation conference and the Egyptian presidency’s vision of it as a path to a just and ambitious transition. Which means the translation of this path to ambitious implementation, through the implementation of urgent measures on the ground and how to implement them, and ambition, which means raising the level of our aspirations, which cannot be done without the power of voices calling to address climate change, and in the Sharm El Sheikh climate conference, the voices of young entrepreneurs will be among the entrepreneurs. Owners of new businesses that can provide innovations in climate technology are a driving force.

Talaat: We support research and development to use modern technologies to face the repercussions of climate change

Dr. Amr Talaat, Minister of Communications and Information Technology, emphasized that the Climatech Run 2022 international competition is an embodiment of the joint efforts of the government represented in the three ministries with international organizations, local and global companies, civil society, entrepreneurs and innovators. to build effective innovative solutions to face the effects of climate change. It also highlights the strength and importance of innovation and technological solutions provided by emerging companies to preserve the environment; He praised the fact that the competition pays attention to dedicating a part to encouraging innovation in Africa, as well as focusing on the specialization of digital arts to meet the challenges that climate change presents; He explained that digital arts is one of the priority disciplines in the ministry’s technical training strategy, where the Faculty of Digital Arts was established at the Misr Informatics University, and several initiatives to build capacity in this specialty were launched.

He pointed out that the ICT sector is based on innovation; Point out the ministry’s efforts to provide a stimulating environment for technological innovation and entrepreneurship through the establishment of 12 Digital Egypt Innovation Centers in the governorates which include technological incubators to transform innovative ideas into ground-based projects.

At the launch of the global ClimaTech Run competition, Chargé d’Affairs Nicole Champagne said, “Climate change is a never-ending threat and the United States is committed to addressing the climate crisis and working with our global partners to meet our shared promote climate ambition.”

Conditions to apply for beginners

The competition opened its doors to start-ups in the field of climate technology, to apply on 22 August 2022, and it continues to receive ideas and advanced companies for one month, after which a number of events and seminars are held with all applicants from around the world to launch the initiative, before selecting the qualified companies, to the final stages. The second phase of the international competition begins during the COP27 climate summit, where the qualified companies will have the opportunity to present their ideas and participate in the activities that will be implemented during the climate conference in front of the various participating parties of governments, the private sector and development partners.

As the third and final phase begins after the COP27 climate summit, during which the partners work to support and guide start-ups and digital art specialists, through a high-level group of consultants, arbitrators and international experts, to improve their ability to reach the markets . and implement their ideas on the ground.

The International Climatech Run 2022 competition sets a number of conditions for beginners who wish to apply, which are:-

1) Have a real business track record of more than two years.

2) A team of two or more members.

3) The idea is sustainable and innovative and applies one or more emerging technologies.

4) Not be a subsidiary of an existing company.

5) The company has a prototype or prototype product; The applicant team must have the ability to communicate, present and present the project in English.

The winning teams will have a chance to win a number of prizes, the grand prize of up to $100,000, the second prize of $50,000, and the third prize of $25,000.

Special interest in Africa

Given the importance of climate action in the African continent and its role in stimulating the transition to a green economy, and the lack of technology start-ups on the continent receiving the necessary funding and investments, only 0.2% receive compared to 94% of investments for companies in the United States, Canada, China and Europe, the Climatech Run 2022 competition will award two African startups, and the top 5 African startups will be invited to pitch their ideas during to host the global event within the COP27 climate summit. The best African start-up will receive a prize of $50,000, while the company in second place will receive a prize of $25,000.

Conditions for applying for the digital art track

As for the digital art track, the competition requires the applicant to be over 18 years of age at the time of applying to the competition, that the maximum number of pieces in which he participates is 3 pieces of art, and that only the original work is submitted.

First place in the digital artist competition receives a grand prize of $5,000, second prize of approximately $3,000, and third prize of $2,000. The submission for the digital artwork is scheduled to end on September 22nd.

It is worth noting that an interactive electronic platform for the global competition ClimaTech Run will be made available in three languages, Arabic, English and French, to provide opportunities to apply for beginners and those involved in the competition, to to respond to all inquiries and to interact with experts and arbitrators.

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