Global ClimaTech Run 2022 Q&A for Startups, Climate Tech Digital Artists

During the launch of ClimaTech Run 2022 – Egypt Today

CAIRO – August 24, 2022: The Ministry of International Cooperation, in partnership with the Ministry of Environment and the Ministry of Communication and Information Technology, launched the “ClimaTech Run 2022” earlier this week, aimed at startups working in the field of climate action and technology.

This competition is part of the preparations for COP27, which will be held in Sharm el-Sheikh in November.

Here are Q&A on everything you need to know about the “ClimaTech Run 2022” competition


Q: What is the “ClimaTech Run” competition?

A: The ClimaTech Run is a competition for global startups and digital artists, aimed at increasing the role they can play in raising awareness of climate change, and also establishing innovative and sustainable solutions for the climate action. It is through ideas presented in various areas such as clean energy, smart transport and food security, as well as promoting circular economy efforts in Africa; the region most affected by climate change. Moreover, this competition comes in light of Egypt’s preparations for COP27.


Q: Who are the contest partners?

A: The competition is organized by the Ministry of International Cooperation, Ministry of Environment and Ministry of Communications and Information Technology, and is in partnership with USAID, Afreximbank, World Food Programme, Google , the United Nations Population Fund, Motors and the Mansour Group. The event is also in collaboration with the United Nations Industrial Development Organization (UNIDO), the United Nations Development Program (UNDP) Acceleration Laboratories, Microsoft, AfriLabs, the Young Entrepreneurs Network, the ‘International Association for the Promotion of Innovative Approaches to Global Challenges, and Falak Startups.


Q: What are the competition areas?

A: The competition has two main streams: startups working in climate technology in the ICT for climate action stream, and digital art in the DigitalArt4Climate stream.


Q: What are the stages of the competition?

A: The first phase of the competition is the registration period which lasts one month. The second phase begins at COP27, where qualified applicants will have the opportunity to present their ideas and participate in the climate conference, alongside senior officials from governments, development partners and the private sector.

The third and final phase will begin after COP27 where a tailor-made support package will be offered to finalists in this acceleration phase. This will include high-level consultants and international experts to support startups in the implementation of their ideas in the field.


Q: What are the requirements to apply as a Global Tech Startup?

A: There are several conditions to apply:

  • Registered startup operating for over 2 years.
  • Have a team of at least 2 members.
  • Their idea is sustainable, innovative and supported by one or more emerging technologies.
  • Not a spin-off or subsidiary of an existing business.
  • A working prototype/MVP is essential.
  • The applicant team must also have the ability to communicate, present and present the project in English. The winning teams will have the chance to win several prizes, including a grand prize of up to $100,000, a second prize of $50,000 and a third prize of $25,000.


Q: How does the competition approach the African continent?

A: The Global ClimaTech Run competition focuses on the African continent and its role in driving the green economy. African climate-focused tech startups lag significantly behind in terms of investment inflow, receiving just 0.2% of venture capital dollars, compared to 94% for the United States, Canada, China and Europe.

To this end, the ClimaTech Run will reward 2 startups from Africa, and the top 5 African startups will be invited to pitch their idea at the global pitch event at COP27. The best African startup will receive a prize of $50,000 and the second startup will receive a prize of $25,000.


Q: What are the conditions for applying in the digital art sector?

A:

  • Be 18 years old at the time of applying to the competition.
  • The maximum entry by artists is 3 pieces.
  • Only authentic and original works should be submitted.
  • First prize is $5,000, second prize is $3,000 and third prize is $2,000.


Q: When does registration for the competition begin and how do I register?

A: The application starts on August 22 and will remain open until September 22. People can apply through this website: https://climatechrun.com/.

Marilyn M. Davis