IDB and FEMSA Foundation Award Innovation in Water, Sanitation and Solid Waste Sectors - FEMSA
Press Release

IDB and FEMSA Foundation Award Innovation in Water, Sanitation and Solid Waste Sectors

FEMSA

  • The IDB-FEMSA 2021 Award for innovation in water, sanitation and solid waste gives up to US $ 10,000 to three winners.

Mexico City, Mexico. October 11, 2021. – The Inter-American Development Bank (IDB) and FEMSA Foundation announced the opening of the IDB-FEMSA 2021 Award, which since 2009 has recognized the most innovative solutions in the water, sanitation and solid waste management sectors.

This year, the BID-FEMSA Award will be held virtually through the site www.premiobidfemsa.com. In this edition, it will grant a stimulus of US $ 10,000 to each of the winners of the three categories: Water Category, Sanitation Category and Solid Waste Category.

Each year the IDB-FEMSA Award, awarded by IDB’s and FEMSA Foundation’s water and sanitation division, recognizes the most innovative solutions with proven results to overcome deficiencies and challenges in the water, sanitation and solid waste management sectors.

The profiles that can participate are enterprises or organizations that have been implementing and executing innovative solutions for a minimum of 6 months and a maximum of six years from the moment of the award’s call.

The call is open from September 6 to October 24, 2021. The rules and bases of the contest and the electronic application form are available on BID-FEMSA 2021 Award’s official website, www.premiobidfemsa.com, in Spanish, English and Portuguese. The organizations and/or entrepreneurs that wish to apply can present their solution in IDB’s four official languages (English, Spanish, Portuguese, and French) and refer their queries to agua@iadb.org. Updates on this call will be made through the Water and Sanitation Division’s blog Volvamos a la Fuente.

An initial jury made up of experts from the water and sanitation sector will select a maximum of nine (9) candidate solutions as finalists, which will be invited to participate in the final stretch to compete for first place in each award category. 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. The Prize will be presented in a live virtual ceremony in March 2022.

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About FEMSA

FEMSA is a leading company that creates economic and social value through companies and institutions and seeks to be the best employer and neighbor of the communities where it has a presence. It participates in retail trade through FEMSA Comercio, which includes the Proximity Division and of which OXXO, a chain of small format stores, is a part of. It also has a Health Division that includes pharmacies and related activities as well as a Fuel Division that operates the service stations chain, OXXO Gas. In the beverage industry it operates Coca-Cola FEMSA, public bottler of Coca-Cola products; in the beer sector, as the second largest shareholder of HEINEKEN, one of the world’s leading beer companies with a presence in more than 70 countries. Additionally, through FEMSA’s Strategic Businesses Business Unit, it offers logistics services, point-of-sale refrigeration solutions and plastics solutions to FEMSA companies and external clients. FEMSA also participates in the cleaning products and consumables distribution industry in the United States. Through its Business Units, it employs approximately 320 thousand employees in 13 countries. FEMSA is a member of the Dow Jones Sustainability MILA Pacific Alliance Index, the FTSE4Good Emerging Index and the Mexican Stock Exchange Sustainable IPC, among other indexes that evaluate its performance in sustainability.

About FEMSA Foundation

In FEMSA Foundation our goal is to create positive impacts on people and communities through social investment projects for sustainability. We make a better future for all by working in three strategic areas: the promotion of efficient resource management for sustainable development, the promotion of the integral development of early childhood and the dissemination of Latin American art and culture. For more information, visit us at www.fundacionfemsa.org or follow us on Facebook (/ FundacionFEMSA) and Twitter (@FundacionFEMSA).

About IDB

The Inter-American Development Bank’s mission is to improve lives. Founded in 1959, IDB is one of the main sources of long-term financing for the economic, social and institutional development of Latin America and the Caribbean. IBD also conducts research projects and provides policy advice, technical assistance and training to public and private clients throughout the region. More information in www.iadb.org

PRESS CONTACT:
IDB: Anamaría Núnez, anan@iadb.org. Julio Marenco, julioma@iadb.org FEMSA Foundation: Hanako Taniguchi hanako.taniguchi@femsa.com

BLOG:
https://blogs.iadb.org/agua/es/premio-bid-femsa-2021/

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