ADB Healthy Oceans Technology Innovation Challenge 2020 (up to US$500,000)

ADB Healthy Oceans Technology Innovation Challenge 2020 (up to US$500,000)

Deadline: November 27, 2020

Applications are open for the ADB Healthy Oceans Technology Innovation Challenge 2020. Under the Technology Innovation Challenge, 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.

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.

Challenges

  • Prevent Plastic Waste: They are seeking to pilot technologies that prevent plastic waste and accelerate the transition to a circular economy by significantly reducing or eliminating single-use plastic waste. The waste preventive technologies could support the transformation of current delivery systems of fast-moving consumer goods such as food, beverages, and personal or home care products to reuse and refill models, and/or reverse logistics services, which are designed to return goods and packaging from the point after consumption back to the business or retailers and enable these to directly reuse the good or packaging for its original purpose.
  • 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

  • The TIC can provide a grant of up to US$500,000 to undertake a proof-of-concept/pilot of a high-level technology or solution to address an identified development challenge.

Eligibility

  • The following type of entities can apply: 
    • Companies
    • Not-for-profit organisations
    • Civil society organisations
    • Research institutions
    • Government-owned enterprises (must be legally and financially autonomous of the government in the implementation country.
  • The project must 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 Applicant must co-finance at least 10% of the total project cost via their own resources or from other funders. Their contribution can be cash or in-kind (for example, travel or staff time).
  • The lead applicant and their project partners must be legally incorporated or registered in an ADB member country.
  • The lead applicant or the 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.

Evaluation Criteria

The evaluation of applications will be undertaken by a technical committee based on the following evaluation criteria:

  • Impact (20%) 
  • Novelty/ Innovativeness (30%) 
  • Scalability (20%) 
  • Value for Money (10%) 
  • Local Partnerships (15%) 
  • Risk Mitigation (5%) 

Application

Submit your application by Friday 12PM (noon), November 27, 2020 (Philippines Time = UTC +8).

Click here to apply

For more information, visit ADB.

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