ADB Healthy Oceans Technology Innovation Challenge 2020

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ADB Healthy Oceans Technology Innovation Challenge 2020 applications are open and are calling for people to apply.

Healthy Oceans Technology Innovation Challenge is looking for innovative tech-based solutions that can solve healthy oceans related challenges.

ADB Healthy Oceans Technology Innovation Challenge 2020

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The competition includes two challenges; Prevent plastic waste and Restore and protect coral reefs.

ADB Healthy Oceans Technology Innovation Challenge 2020

Under TIC, technology providers are invited to submit a proposal to undertake a proof-of-concept/pilot of a high-level technology solution to address an identified development challenge. Selected proposals can receive a grant of up to US$500,000.

The purpose of the TIC grant is to introduce new solutions in ADB’s developing member countries (DMCs) and thereby support ADB’s mandate in assisting DMC’s to reach the Sustainable Development Goals.

Through TIC, DMCs will learn about new technology solutions to address various development challenges, and technology providers’ risks related to market entry may be reduced by showcasing their technologies.

The proposed technology or solution has to be new to the country or to the context with improved efficiency, impact, and/or life-cycle cost compared to existing solutions. However, the technology should have been tested and verified before in another country or context.

Deadline

November 27, 2020.

Challenges

Prevent Plastic Waste: they are seeking to pilot technologies that prevent plastic waste and accelerate the transition to a circular economy by reducing single-use plastic waste.

A properly built circular economy focuses on preventing waste from being created in the first place, hence, avoiding the recycling stage.

Therefore, this challenge is seeking preventive reuse, redistribution, and remanufacturing technologies, and NOT technologies related to the recycling processes.

Restore and Protect Coral reefs: They are seeking to pilot technologies that can help restore and/or protect coral reefs.

These technologies are envisioned to increase the resilience of coastal areas by sustaining the livelihoods of coastal populations and by protecting the coasts from natural hazards.

Benefits

A grant of up to US$500, 000 will be provided by the TIC to undertake a proof of concept/pilot of a high-level technology or solution to address an identified development challenge.

What TIC expects from You

  • Have a vision, plan, and capability for future implantation/commercialization of the innovative technology solutions in DMCs.
  • Committed to measuring and evaluating own success, and share feedback to inform decisions in the region.
  • Open to publicly sharing relevant lessons with partners and stakeholders.

Eligibility

  • The following type of entities can apply for the program;
    • Company
    • Not for profit organization
    • Civil society organization
    • Research institution
    • Government-owned enterprise.
  • The program is expected to be implemented in one of the following countries; Afghanistan, Armenia, Azerbaijan, Bangladesh, Bhutan, Cambodia, Cook Islands, Federated States of Micronesia, Fiji, Georgia, India, Indonesia, Kiribati, Kyrgyz Republic, Lao People’s Democratic Republic, Maldives, Marshall Islands, Mongolia, Myanmar, Nauru, Nepal, Niue, Pakistan, Palau, Papua New Guinea, Philippines, Samoa, Solomon Islands, Sri Lanka, Tajikistan, Thailand, Timor-Leste, Tonga, Turkmenistan, Tuvalu, Uzbekistan, Vanuatu, and Viet Nam.
  • The application must be co-finance at least 10% of the total project cos via their own resources or funders.
  • The lead applicant and their project partners must be legally incorporated or registered in an ADB member country
  • Lead applicant or project partner must have the intellectual property right through ownership or licenses to use the technology solution.
  • The lead applicant and their project partners shall not have a conflict of interest with the government in the country of implementation or with ADB.

Application

Applications are easy to do, however, you need to be registered on the site or log in if you already have an account with them. Submit application by Friday 12 PM (NOON), November 27, 2020.

Click Here to Apply

For more information, visit the ADB

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