- FEMSA Foundation and the Inter-American Development Bank (IDB) seek innovative proposals to respond to the challenges of water, sanitation and solid waste in Latin America.
- The 2020 BID-FEMSA Award will grant up to USD $10,000 to the winner of each category.
- The award will be open for submissions until August 9, 2020
Washington, United States, August 4, 2020.– FEMSA Foundation and the Inter-American Development Bank (IDB) launched the call for the 2020 IDB-FEMSA Award, which since 2009 has recognized the most innovative solutions in the water, sanitation and solid waste management sectors in Latin America. The award will be open for submissions until August 9, 2020.
This year, the IDB-FEMSA Award will be held virtually entirely, granting a stimulus of US $10,000 to each of the winners in three categories: Water, Sanitation and Solid Waste. Likewise, the innovative solution in water, sanitation and / or solid waste that presents solutions to address these problems related to COVID-19 in an original way will be recognized.
Each year the IDB-FEMSA Award, granted by IDB’s Water and Sanitation Division and FEMSA Foundation, recognizes the most innovative solutions with proven results to overcome deficiencies and challenges in the water, sanitation and solid waste management sectors in Latin America. Since 2009 it has been awarded to creative and innovative ventures, products, initiatives or services that already have positive and proven impacts and results in those sectors.
The contest’s basis and rules, as well as its electronic application form, are available both in Spanish and English on the 2020 BID-FEMSA Award official website at www.premiobidfemsa.com. Organizations or enterprises that wish to apply can present their proposal in the four official languages of the IDB (English, Spanish, Portuguese, and French) and refer their queries to [email protected]
The initiatives that can participate are: 1) innovations with solutions or product developments implemented at least 6 months prior to the opening of the award’s first calling; 2) innovations that have been active for a maximum of 4 years since the opening of the award’s first calling. As in previous years, all participants must submit a video of no more than two minutes in which they’ll have to explain their innovative solution. The Award will be delivered in a live virtual ceremony at the beginning of December 2020, in which the finalists will have the opportunity to present their solution to a jury of experts and the participating public.
To learn more about the BID-FEMSA Award and its previous winners, you can visit the award’s official website in spanish and english. Updates on this call will be made through the Water and Sanitation Division blog ‘Volvamos a la Fuente.’
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, it is a shareholder of HEINEKEN, a company present 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. Through its Business Units, it employs approximately 300 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 indices that evaluate its performance in sustainability.
About The Inter-American Development Bank (IDB)
Through financial and technical support for countries working to reduce poverty and inequality, the Bank helps improve health and education, and advance infrastructure. Its aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today it is the leading source of development financing for Latin America and the Caribbean. The Bank provides loans, grants, and technical assistance; and conducts extensive research.
About FEMSA Foundation
In FEMSA Foundation our goal is to create a positive impact on people and communities through social investment projects for sustainability. We make a better future for everyone by working in three strategic areas: we promote efficient resource management for sustainable development, comprehensive early childhood development, and the dissemination of Latin American art and culture. For more information visit www.fundacionfemsa.org or follow us on Facebook (FundacionFEMSA) and Twitter (@FundacionFEMSA)