World Bank Group Innovate4Climate (I4C) Pitch Hub Competition 2020 for Innovators (Funded to pitch in Barcelona)

World Bank Group Innovate4Climate (I4C) Pitch Hub Competition 2020 for Innovators (Funded to pitch in Barcelona)

Deadline: March 1, 2020

Applications are open for the World Bank Group Innovate4Climate (I4C) Pitch Hub Competition 2020 for Innovators. The annual Pitch Hub competition for innovators showcases ingenuity, entrepreneurship, and a clear value proposition. The competition aims at engaging startups and entrepreneurs and to create a space for innovate at I4C.

The objectives of the competition are to highlight climate-smart solutions with potential for transformative impact in reducing emissions and/or increasing resilience to climate change and facilitate matchmaking between investors and investment opportunities.

The Challenge

55% of the world’s population lives in urban areas, a proportion that is expected to increase to 70% by 2050. Cities account for just 2% of global land area but are responsible for 70% of greenhouse gas emissions. Furthermore, as much as 80% of adaptation costs are expected to be borne in urban areas.

Supporting climate-smart cities – those that are low-carbon and climate resilient – is a critical part of addressing climate change. Becoming a climate smart city requires an integrated approach combining planning, policy, regulation, and investment.

Focus Areas

The competition focuses on the following areas:

  • Energy
  • Food/Agriculture
  • Mobility/Transportation
  • Waste/Water
  • Fintech

Benefits

The following benefits are available to winners:

  • A prize of US$ 50,000 worth of Amazon Web Services (AWS) credits​
  • Registration and Travel & Accommodation to take part in I4C​​
  • Coaching & Training​​
  • Startup Bootcamp​​
  • Access to Investors​​
  • Networking, access to events, exposure, and visibility​​

Eligbility

  • Open to innovators with climate-smart solutions with potential for transformative impact in reducing emissions and/or increasing resilience to climate change.

Evaluation Criteria

  • Minimal Viable Product Stage: Solutions can be goods, services (e.g. financial instruments, risk management mechanisms), technological solutions, or innovative business models that can be applied in one of the urban focus areas defined above.
  • Climate-smart: Potential for climate change mitigation or adaptation
  • Feasible: Clear value proposition, actionable business model, preliminary market analysis, draft implementation plan
  • Implementable: Potential to achieve market viability and deployment capacity
  • Scalable: Potential to be scaled-up or replicated in other contexts

Application

Register to enter the competition

For more information, visit Pitch Hub Competition.

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