We are looking for innovative solutions to reduce Food Loss and Waste in México

¡En nombre del equipo de #SinDesperdicioMéxico, agradecemos a
los 154 proyectos innovadores que se presentaron al concurso!
Luego de la fase de evaluación, presentamos a los 12 finalistas del
concurso. Esperamos que todos los participantes sigan impulsando
sus proyectos.

Organize

In Mexico, 20.4 million tons of food are lost and wasted annually. This represents 34% of all food produced. Its economic cost is estimated at 491 billion Mexican pesos (about 26 billion dollars), or the equivalent of 2.5% of the country's GDP.

To provide solutions to this problem, we launched the #SinDesperdicioMéxico Contest, which will grant non-reimbursable financing and customized incubation to innovative, viable and impact solutions.

CONTEST
CHALLENGES

In Mexico there are critical points along the production and supply chain where a significant amount of food is lost or wasted. These stages or critical points are presented as challenges to be addressed by the proposals presented:

  • Primary production
  • Food Processing (Manufacturing)
  • Supply markets
  • Commercialization
  • Hotel and restaurant industry
  • Homes

AWARDS

The #SinDesperdicioMéxico Contest will select:

12
Finalists

Who will have the opportunity to participate in a Bootcamp in México City, which will include workshops on innovation, pitching and business models, interaction with mentors and experts, meetings with other entrepreneurs and final presentation.

2
Winning solutions
  • The first place will receive a prize of USD 15,000 as seed capital for the implementation of the solution.
  • The second place will receive a prize of USD 10,000 as seed capital for the implementation of the solution.
  • The first two places and up to three additional proposals will also participate of an incubation/pre-acceleration program.
  • Winning projects could be considered for a pilot project financed by the IDB lab, subject to due diligence and corresponding internal approval, proposals must meet due process and eligibility conditions

TIMELINE

Application

Contest opening: November 18, 2019
Contest closing: February 3, 2020

Evaluation

Applications evaluation: February 4 to 18, 2020
Finalists’ list publication: February 19, 2020

Selection

Bootcamp: Bootcamp:
Final pitch: March 20, 2020

Who can apply?

  • Natural and legal persons can submit their applications: companies, non-governmental organizations, public institutions, universities, educational and research centers.
  • Applicants, whether natural or legal persons, must have the following characteristics:
    - Belong to one of the member countries of the Inter-American Development Bank (borrowing and non-borrowing countries).
    - Have at least 18 years old at the time of application.
    - The proposed solutions must be in prototype phase or already tested in the market.

Applications must be sent only through the online system linked to this portal. The deadline to apply is Monday, February 3, 2020 at 23:59 (Mexico City time).