Why talk about risk reduction?

August 6, 2025

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In a world marked by economic, environmental, and social uncertainties, risk reduction is no longer just a regulatory obligation, but a true lever for resilience and competitiveness. For companies, startups, and institutions, anticipating and managing risks not only helps prevent crises but also turns challenges into opportunities for innovation and sustainable growth.

The main types of risks to consider

Environmental and ecological risks: pollution, waste management, climate change.

Social and health risks: public health, well-being, reducing inequalities.

Economic and financial risks: market volatility, dependence on certain resources.

Technological risks: cybersecurity, data protection, responsible adoption of technologies.

In the face of these challenges, Algerian startups have a key role to play by developing sustainable solutions adapted to the local context but with the potential for international reach.

From risk management to responsible innovation


Risk management is not limited to prevention. It paves the way for new approaches, such as:

Responsible and circular consumption, to limit ecological impact.

Technologies serving sustainability, to better measure, prevent, and support change.

Awareness and education, to embed a culture of risk reduction among citizens and economic players.

By adopting this mindset, every company contributes to building a more resilient and inclusive ecosystem.

A unique opportunity for Algerian startups


This is the context of the Harm Reduction Initiative Awards, launched by Philip Morris International in partnership with the Algeria Startup Challenge.

Prizes to win:

A support grant of 500,000 DZD

Guidance from renowned experts

Enhanced visibility within the ecosystem

The opportunity to collaborate in open innovation with Philip Morris International

Application deadline: September 19, 2025
Apply now and turn your solutions into real impact: https://soolvit.com/harm-reduction-initiative-awards-2025

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