Funds for Companies

Grants and Resources for Sustainability

  • Subscribe for Free
  • Premium Support
  • Premium Sign in
  • Premium Sign up
  • Home
  • Funds for NGOs
    • Agriculture, Food and Nutrition
    • Animals and Wildlife
    • Arts and Culture
    • Children
    • Civil Society
    • Community Development
    • COVID
    • Democracy and Good Governance
    • Disability
    • Economic Development
    • Education
    • Employment and Labour
    • Environmental Conservation and Climate Change
    • Family Support
    • Healthcare
    • HIV and AIDS
    • Housing and Shelter
    • Humanitarian Relief
    • Human Rights
    • Human Service
    • Information Technology
    • LGBTQ
    • Livelihood Development
    • Media and Development
    • Narcotics, Drugs and Crime
    • Old Age Care
    • Peace and Conflict Resolution
    • Poverty Alleviation
    • Refugees, Migration and Asylum Seekers
    • Science and Technology
    • Sports and Development
    • Sustainable Development
    • Water, Sanitation and Hygiene (WASH)
    • Women and Gender
  • Funds for Companies
    • Accounts and Finance
    • Agriculture, Food and Nutrition
    • Artificial Intelligence
    • Education
    • Energy
    • Environment and Climate Change
    • Healthcare
    • Innovation
    • Manufacturing
    • Media
    • Research Activities
    • Startups and Early-Stage
    • Sustainable Development
    • Technology
    • Travel and Tourism
    • Women
    • Youth
  • Funds for Individuals
    • All Individuals
    • Artists
    • Disabled Persons
    • LGBTQ Persons
    • PhD Holders
    • Researchers
    • Scientists
    • Students
    • Women
    • Writers
    • Youths
  • Funds in Your Country
    • Funds in Australia
    • Funds in Bangladesh
    • Funds in Belgium
    • Funds in Canada
    • Funds in Switzerland
    • Funds in Cameroon
    • Funds in Germany
    • Funds in the United Kingdom
    • Funds in Ghana
    • Funds in India
    • Funds in Kenya
    • Funds in Lebanon
    • Funds in Malawi
    • Funds in Nigeria
    • Funds in the Netherlands
    • Funds in Tanzania
    • Funds in Uganda
    • Funds in the United States
    • Funds within the United States
      • Funds for US Nonprofits
      • Funds for US Individuals
      • Funds for US Businesses
      • Funds for US Institutions
    • Funds in South Africa
    • Funds in Zambia
    • Funds in Zimbabwe
  • Proposal Writing
    • How to write a Proposal
    • Sample Proposals
      • Agriculture
      • Business & Entrepreneurship
      • Children
      • Climate Change & Diversity
      • Community Development
      • Democracy and Good Governance
      • Disability
      • Disaster & Humanitarian Relief
      • Environment
      • Education
      • Healthcare
      • Housing & Shelter
      • Human Rights
      • Information Technology
      • Livelihood Development
      • Narcotics, Drugs & Crime
      • Nutrition & Food Security
      • Poverty Alleviation
      • Sustainable Develoment
      • Refugee & Asylum Seekers
      • Rural Development
      • Water, Sanitation and Hygiene (WASH)
      • Women and Gender
  • News
    • Q&A
  • Premium
    • Premium Log-in
    • Premium Webinars
    • Premium Support
  • Contact
    • Submit Your Grant
    • About us
    • FAQ
    • NGOs.AI
You are here: Home / Grant / Call for Proposals: Sargassum Innovation Quest

Call for Proposals: Sargassum Innovation Quest

Deadline: 31 August 2024

Inter-American Development Bank Group (IDB Group), in collaboration with the IDB and IDB Invest, and the U.S. Agency for International Development (USAID), are now accepting application for their launch of the Sargassum Innovation Quest.

This initiative aims to find solutions that allow the potential of sargassum biomass to be harnessed and improve the resilience of coastal communities in Latin America and the Caribbean, through the use of advanced technologies and innovative practices.

Since 2011, the coasts of the Caribbean countries, Central America, and Mexico have experienced a massive proliferation of pelagic sargassum originating from the equatorial Atlantic. These masses of algae, carried by ocean currents, have made their way to the warm waters of the Caribbean Sea, depositing over extensive areas of their shores (Franks, Johnson, and Ko 2016, Wang et al 2019).

After analysis and studies, experts have established connections between this increase in the occurrence of sargassum and factors such as climate change and oceanic eutrophication. It is likely that this phenomenon will continue to manifest, which has driven the need to raise the level of attention to these annual episodes in the Caribbean region. In such a scenario, managing sargassum has become a Herculean task, with high costs that are unsustainable for many countries.

Objectives

  • Building Resilient Coastal Ecosystems, seeks the participation of various actors, such as startups, foundations, non-profit organizations, corporations, academic institutions, and social organizations. The call is for proposals of technological solutions that have already been tested experimentally and demonstrate the potential of scaling to commercial levels. These solutions should have business models that meet criteria for economic viability, positive social and environmental impact, sustainability, and innovation in the sector.
  • The proposed solutions must:
    • Be innovative in nature and present a business model that, within the logic of the circular economy, contributes directly or indirectly to the transformation and valorization of sargassum for commercial purposes,
    • Focus on reducing the coastal accumulation rate of sargassum (accumulated biomass in coastal areas),
    • Promote social and economic inclusion of the poor and vulnerable populations,
    • Have a path for scalability or replication, as well as financial sustainability, through a company or private sector organization, and
    • Be implemented within a minimum period of 12 months and a maximum of 36 months.
  • This challenge is part of the Inter-American Development Bank (IDB) Group’s strategy to promote innovation and applied technology for the adaptation and resilience of Latin American and Caribbean economies.

Priorities

  • The technological proposals for managing sargassum can cover a wide range of areas, from efficient collection to its transformation into valuable products. Below are some of the technologies and approaches that are expected to be part of the proposals:
    • Sargassum Collection Systems: These include the use of floating barriers to contain sargassum, specialized vessels for its collection, and coastal management systems that minimize environmental impact during transport and final disposal of sargassum. These technologies aim to be efficient and environmentally responsible.
    • Pre-Treatment, Treatment, and Drying Technologies: Utilization of preferably renewable energies for efficient drying of sargassum, reducing its moisture content and facilitating further processing. This includes mechanical, chemical, or biological methods to prepare sargassum, such as cleaning and separating marine debris that may be mixed in and any polluting substance.
    • Transformation and Valorization: Development of technologies that convert sargassum into biogas, bioethanol, or biodiesel through processes like anaerobic digestion, fermentation, or transesterification. It also includes technologies to create composite materials from sargassum usable in construction or to process sargassum into fertilizers, compost, or agricultural substrates, optimizing its nutritional value and safety. Other applications could include the extraction of bioactive compounds for use in industries such as chemical, cosmetic, pharmaceutical, textile, and footwear.
    • Monitoring and Analysis: Use of drones, satellites, and sensors for real-time monitoring of sargassum accumulations, facilitating rapid and efficient responses. Artificial intelligence and big data analysis also play a crucial role in predicting sargassum arrivals and optimizing collection and treatment operations.
    • Others: Other technologies aligned with the purpose and guidelines of the call, or a combination of the aforementioned technologies and approaches.
  • Each of these areas not only contributes to the effective management of sargassum but also fosters innovation and collaboration across various sectors, supporting the development of sustainable and economically viable solutions.

Funding Information 

  • Funding requests must fall within a range of US$300,000 to US$600,000 for NRTC, NRIG and CRIG modalities. Loan proposals should be within a range of US$500,000 to US$2,000,000. Please note that the proposing entity must contribute or be able to demonstrate access to funds for 50% of the project budget.

Eligibility Criteria

  • Startups with proven solutions seeking scaling, small and medium-sized enterprises (SMEs), corporations, academia and NGOs from any of the 48 member countries of the IDB are invited to participate in the challenge, as well as from one of the beneficiary countries of the Compete Caribbean program.
  • If your organization is legally registered in one of the targeted countries (The Bahamas, Barbados, Belize, Guyana, Jamaica, Surinam, Trinidad and Tobago, Dominican Republic, Haiti, Mexico, Honduras, Antigua and Barbuda, Dominica, Granada, Saint Lucia, Saint Kitts and Nevis, and Saint Vincent and the Grenadines) where the project will be implemented, you can apply to the Challenge.
  • If your organization is legally registered in one of the 48 member countries of the IDB Group, other than one of the targeted countries where the project will be implemented, you may apply only in partnership with an organization registered and located in one of the targeted countries where the project will be implemented.

For more information, visit IDB.

Entries open for Huge Thing Startup Booster Acceleration Programme (Poland)

Apply for Provisionally Registered Early Childhood Teacher Grants Program (Australia)

RFAs: Climate Resilience Awards for Business

Submissions open for EcoHack Grant Program – Palestine

3ZERO Circular and Eco-Innovative Entrepreneurship Program (Myanmar)

Engineering Biology Investor Pitch Training Programme for UK SMEs

Open Call: Scaling Up Deep Tech Ecosystems

Submit Applications for Starter Company Plus Program (Canada)

Apply Now: Aboriginal Tourism Development in Northern Territory Parks and Reserves Grant Program (Australia)

Request for Applications: Orange Grove Incubation Programme

Call for Proposals: Expanding Investment Ecosystems

CFPs: European Network of National Competence Centers for Innovation Procurement

Call for Applications: AgriFutures Rural Women’s Award 2026 (Australia)

CFAs: Seamless Trade Across Borders Challenge with the ICC (UK)

Seamless Trade Across Borders Challenge with Leonardo UK

Open Call: Accelerating Trade Grant Program 2025–26 (Australia)

Applications open for Alzheimer’s Society Accelerator Programme (UK)

Production Funding Support for Businesses – Austria

Submissions open for Canadian Technology Accelerator Dual-Use Space Tech Program

CFPs: Support for the Use of International and National Research Infrastructures (Hungary)

Call for Proposals: Support for Energy Research and Development Projects (Hungary)

Request for Applications: Take Your Business Online Grant Scheme (Australia)

Submit Applications for Canada-Manitoba Job Grant Program

Applications open for Katapult Acceleration Program (Serbia)

Entries open for Huge Thing Startup Booster Acceleration Programme (Poland)

Apply for Provisionally Registered Early Childhood Teacher Grants Program (Australia)

RFAs: Climate Resilience Awards for Business

Submissions open for EcoHack Grant Program – Palestine

3ZERO Circular and Eco-Innovative Entrepreneurship Program (Myanmar)

Engineering Biology Investor Pitch Training Programme for UK SMEs

Open Call: Scaling Up Deep Tech Ecosystems

Submit Applications for Starter Company Plus Program (Canada)

Apply Now: Aboriginal Tourism Development in Northern Territory Parks and Reserves Grant Program (Australia)

Request for Applications: Orange Grove Incubation Programme

Call for Proposals: Expanding Investment Ecosystems

CFPs: European Network of National Competence Centers for Innovation Procurement

Call for Applications: AgriFutures Rural Women’s Award 2026 (Australia)

CFAs: Seamless Trade Across Borders Challenge with the ICC (UK)

Seamless Trade Across Borders Challenge with Leonardo UK

Terms of Use
Third-Party Links & Ads
Disclaimers
Copyright Policy
General
Privacy Policy

Contact us
Submit a Grant
Advertise, Guest Posting & Backlinks
Fight Fraud against NGOs
About us

Terms of Use
Third-Party Links & Ads
Disclaimers
Copyright Policy
General
Privacy Policy

Premium Sign in
Premium Sign up
Premium Customer Support
Premium Terms of Service

©FUNDSFORNGOS LLC.   fundsforngos.org, fundsforngos.ai, and fundsforngospremium.com domains and their subdomains are the property of FUNDSFORNGOS, LLC 140 Broadway 46th Floor, New York, NY 10005, United States.   Unless otherwise specified, this website is not affiliated with the abovementioned organizations. The material provided here is solely for informational purposes and without any warranty. Visitors are advised to use it at their discretion. Read the full disclaimer here. Privacy Policy. Cookie Policy.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}