The Water & Energy for Food MENA Regional Innovation Hub launches its second regional call for innovations

Water and Energy for Food Grand Challenge (WE4F) MENA launches the second round of its support program for Middle Eastern and Northern African innovators promoting local, sustainable, and scalable solutions for challenges in the water, energy, and agriculture sectors

  

WE4F is proud to announce the launch of the second WE4F MENA Call for Innovations, to foster innovation and enhance food security in the region. This call will support up to 20 companies working on providing more sustainable water or energy solutions for agriculture. The selected companies will receive customized support in the form of technical assistance, investment facilitation, and grants totalling up to $1 USD million to grow their businesses, combat resource scarcity, and foster the transition to a green economy.

Water scarcity, environmental degradation, inefficient food production methods, climate change, unemployment, and protracted conflict all threaten the MENA region’s long-term prosperity and stability. Tackling issues related to water, energy, and food is imperative to overcoming these barriers and achieving greater stability. Together with investors and partners, the MENA RIH works with companies to produce more food while using less water and more sustainable energy sources.

In addition to funding regional companies, the MENA RIH program helps them grow by providing technical assistance and facilitating investment options; supporting expanded investment through grants, soft loans, and other tailored financial instruments; and the joint creation of a supportive, business-enabling environment. The winners of the second MENA Call for Innovations will join the 16 businesses and organizations who are currently already part of the MENA cohort. To learn more about currently supported businesses, visit: https://we4f.org/innovators.

The second MENA Call for Innovations will accept submissions from October 14 to November 25, 2021, with all information including eligibility criteria and application guidelines available at https://we4f.org/apply-mena

WE4F is a joint international initiative of the German Federal Ministry for Economic Cooperation and Development (BMZ), the European Union, the Ministry of Foreign Affairs of the Government of the Netherlands, Sweden through the Swedish International Development Cooperation Agency (Sida), and the U.S. Agency for International Development (USAID). To learn more, visit we4f.org and follow WE4F on Twitter @WE4FGCD. 

The WE4F Middle East and North Africa Regional Innovation Hub (a consortium of Berytech, cewas, Chemonics Egypt and the International Water Management Institute) supports innovators in ten countries across the region to produce more food while using less water and energy. Together with investors and partners, the MENA RIH works to scale mid-to-later stage enterprises that have an environmental and social impact in the water-energy-food nexus.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.


More From Press Releases