Why talk about risk reduction?
August 6, 2025
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.
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.
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.
This is the context of the Harm Reduction Initiative Awards, launched by Philip Morris International in partnership with the Algeria Startup Challenge.
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