Algeria Startup Challenge 2024 : Innovate for a Sustainable Future
October 29, 2024
The Algeria Startup Challenge is back for its 6th edition, spotlighting “Innovate for a Sustainable Future.” This year, the program delivers a comprehensive open innovation experience, amplifying inclusivity and featuring Algeria's most promising startups and innovations addressing economic, social, and environmental challenges. We proudly embrace this commitment alongside our institutional and open innovation partners to support startups in co-creating impactful, sustainable projects.
The event opens with remarks from the Minister of Knowledge Economy, Startups, and Microenterprises, Dr. Yacine Oualid, the program’s sponsor. Key presentations include:
. Welcome Address: Abdelfettah Herizi, Co-founder and General Manager of Leancubator.
. Program Overview and Report: Ziad R. Nesrine, Co-founder of Leancubator.
Representatives from the program’s economic and institutional partners shared insights on their commitment to the open innovation initiative, including:
. Abdelhakim Berrah - General Delegate chez Union Algérienne des Sociétés d'Assurance et de Réassurance (UAR)
. Burak Birler - Country President & General Manager chez Henkel Algeria
. Youcef Ghoula - Deputy Managing Director chez BNP Paribas El Djazaïr
. Hichem Djama - Strategy & Projects Manager chez Philip Morris International
. El Khansaa Medjber - Project Manager chez Faderco
The event hosted two compelling panels:
Decarbonation, Circular Economy, and Inclusion: Opportunities for Algerian Industry
This panel explored strategies led by Henkel Algeria, Faderco, and BNP Paribas El Djazaïr to leverage opportunities in the energy transition.
Featured speakers included:
. El Hadi Mohamed Hamma, Head of Marketing - Henkel Algeria
. Walid Chettibi, Utilities Manager - Faderco
. Amina Bessaa, Head of Sustainability, Marketing & Communication - BNP Paribas El Djazaïr
Responsible Insurance and Finance: Key Drivers for Sustainable Growth
Panelists discussed the financial and insurance sectors’ roles in mitigating climate and environmental risks and promoting sustainable growth.
Participants included:
. Daouia Nedil, Civil Liability & Miscellaneous Risks Director - CASH Assurances
. Yasmine Kaouah Kaid, Communications & External Relations Director - CAAT
. Tarik Rahmoun, Director of Risk Management & Compliance - CAAR
. Hafed Abdelhakim, Head of Corporate Monitoring & Reporting - Banque de Développement Local
The excitement continued with a series of Startup Pitch Battles across five challenges:
. Innov & Insure Challenge
Sponsored by UAR, CASH Assurances, CAAR, and CAAT, this pitch battle spotlighted startups transforming the insurance industry through technology.
. Clean Innovation Challenge
In partnership with Henkel Algeria, this round focused on waste management solutions, with startups addressing waste collection, sorting, and recycling for a cleaner future.
. Harm Reduction Challenge
Organized with Philip Morris International, startups in this challenge proposed innovative ways to reduce health risks linked to lifestyle factors.
. Greentech Challenge
Supported by BNP Paribas El Djazaïr, this challenge encouraged startups developing environmentally-friendly technologies.
. Positive Innovation Awards
Alongside Faderco, this challenge invited solutions that enhance quality of life with sustainable innovations.
With over 300 startups registered, 14 finalists competed in the ultimate Startup Pitch Battle, striving to win top honors in each open innovation challenge and secure future collaborations with our partners.
. Clean Innovation Challenge (Henkel Algeria) - Moustafid: A digital network optimizing waste collection and recycling.
. Harm Reduction Initiative (Philip Morris International) - Think Touch Solution: A multi-vigilance platform integrating pharmacovigilance, phytovigilance, and toxicovigilance.
. Greentech Challenge (BNP Paribas El Djazaïr) - Qareeb: An AI-driven company offering solutions for agricultural and urban sectors.
. Positive Innovation Awards (Faderco) - Opticarbone: A GHG emissions tracking tool with a Power BI dashboard.
. Innov & Insure Challenge (UAR, CASH Assurances, CAAT, CAAR) - HR Technologies: A GIS solution for natural hazard data management with an insurer-local authority-business interface.
This year’s Algeria Startup Challenge was a testament to the resilience, innovation, and future potential of Algeria’s startup ecosystem. Congratulations to all the participants for their remarkable achievements and the inspiring paths they continue to forge toward a sustainable future!