The Islamic World Educational, Scientific and Cultural Organization (ICESCO) announced the launch of the first edition of its Bio-Waste Food Award, which aims to support entrepreneurs and startups in developing innovative technologies to extract protein, fat and carbohydrates from wasted food.
Three prizes will be awarded to the three best projects in ICESCO member states to be selected by a jury composed of international experts.
The Award seeks to encourage the youth and women in the Islamic world to develop innovative solutions to optimize benefits from wasted food by developing innovative solutions to contribute to achieving food security, and support specialists and entrepreneurs in the green economy to develop innovative technologies in the field of food security.
The Award will be awarded to three winners who will receive USD 30,000, USD 15,000, and USD 5,000, respectively.
The projects participating in the competition will be evaluated by the jury in two phases. The jury will select five participating projects in the first stage of the evaluation process. The five project owners will then be invited to pitch them in person to the jury in order to evaluate the effectiveness of the proposed technology and select three winners who presented the most innovative and environmentally friendly projects that contribute to the development and job creation to determine the three winners.
Source: Qatar News Agency