This competition will award a total of €1 million to individuals or organisations anywhere in the world proposing innovative solutions to fight against climate change in the areas of waste, water, food, habitat, energy and mobility.
FAMAE is an independent foundation that supports innovation in environmental fields. Every year, the foundation organises an ‘International Challenge’ to encourage the creation of simple and innovative solutions that can substantially improve people’s daily lives, while significantly alleviating environmental footprints.
Sustainable Innovations Challenge is the theme of the 2021 edition, which challenges competitors to:
- Support innovative and concrete solutions to fight against climate change, everywhere in the world, around waste, water, food, habitat, energy and mobility
Projects can be funded at any stage of development, be they an idea or an existing product or service.
This competition is open to everybody, on an individual or organisational basis, especially those in the education, business or philanthropic communities. Competitors may be based anywhere in the world.
Each individual or entity may submit only one entry to each challenge. However, if multiple teams of a large organisation wish to participate, FAMAE may grant exemption from this restriction.
A total of €1,000,000 FAMAE prize money will be awarded to one or more projects, with minimum funding of €15,000 per category as determined by the competition jury. Prize money will be provided either through a grant, an equity injection or a loan.
An additional prize of at least €100,000 is available thanks to support from the Setec Foundation for a project addressing sustainable construction in France and in a number of African countries: Ivory Coast, Cameroon, Senegal, Madagascar, Benin and Gabon.
Funding may be used for project-related expenditure such as product development costs, salaries, distribution costs and marketing expenses.
Entries to the 2021 Sustainable Innovations Challenge must be submitted by 15 October 2021 (18:00 Paris time).
A competition jury will shortlist projects, whose nominees may be asked to present their proposal during the final of the competition. The award ceremony will take place on 17 December 2021.