LEARN MORE ABOUT THE AWARD

1. What is the WeMed Award about?
The WeMed Award 2024 is conceived as a tool to give visibility to business models that promote sustainable production and consumption patterns in the blue economy sector in the Mediterranean area.

2. What are the WeMed Award objectives?
The aim of the award is to:

(I) The WeMed Award 2024 is conceived as a tool to give visibility to business models that promote sustainable production and consumption patterns in the blue economy sector in the Mediterranean area.

(II) Inspire other start-ups/entrepreneurs contributing to the blue economy in the Mediterranean Region into integrating environmental and social innovations within their business models.

(III) Empathize the need to promote transformations on the governmental and political level in the Mediterranean area to support the entrepreneurial network in adopting environmental and social improvements in the marine ecosystems.

The award will also offer visibility to the contributions on behalf of ventures within the blue and circular economy to the Sustainable Development Goals (SGD) in the Mediterranean region.

3. Who can apply to the 2024 WeMed Award?
For this edition, the WeMed Award is targeting early and growth stage scalable eco-innovative ventures in the blue economy sector in the Southern Mediterranean region. All selected ventures must be comprised in the eligible areas of the SwitchMed Programme, including 8 countries (Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestine and Tunisia).

4. What is the prize?
The prizes for each category are:

A. Early-Stage Entrepreneurs

  • 1st Prize: 10.000€ given in Soft Landing Services.
  • 2nd Prize: 8.000€ given in Soft Landing Services.


B. Growth-Stage Entrepreneurs


  • 1st Prize: 10.000€ given in Soft Landing Services.
  • 2nd Prize: 8.000€ given in Soft Landing Services.

5. When will the call for applications open?

The call will open on the 26th of April and will close on the 19th of May at 23:59 GMT+2. Any candidature submitted after this date won’t be evaluated.