NEW YORK, 24th September, 2018 (WAM) — The Mohammed bin Rashid Initiative for Global Prosperity, an initiative of the Global Manufacturing and Industrialisation Summit, has launched four Global Maker Challenges at the 2018 Solve Challenge Finals hosted by MIT Solve in New York.
With monetary prizes, mentorship, and access to global organisations, worth up to US$1 million, the Mohammed bin Rashid Initiative for Global Prosperity brings together a community of ‘makers’ inspired to solve some of the world’s toughest societal challenges that affect over one billion people globally. Aligning with the United Nations Sustainable Development Goals, the initiative aims to empower entrepreneurs, innovators and technologists to drive social innovation and advance global prosperity.
The four Global Maker Challenges were identified in partnership with eight UN agencies and NGOs and were determined through an intense roadshow in Boston, Vienna and Cairo led by MIT Solve – a social enterprise that is associated with the Massachusetts Institute of Technology. The challenge design workshops brought together over 300 global experts from governments, global organisations and private corporations, as well as start-up incubators and academic researchers.
A humanitarian champion who has impacted and improved the lives of over 130 million people across 116 countries, His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, has placed great emphasis on the role of innovation to reshape industries, and strengthen economies and societies.
The Mohammed bin Rashid Initiative for Global Prosperity combines the Global Maker Challenge, an online open-innovation platform designed to promote and accelerate global prosperity through product innovation; and the Global Prosperity Award, a prestigious global accolade that recognises and rewards corporate social responsibility that advances resilience, community, harmony and dignity across the world.
The Global Maker Challenges for 2018 are Sustainable Energy, Digital Divide and Digital Literacy, Rural Transformation and Zero Hunger, and Sustainable Cities. The challenges aim to address issues such as how do the millions of people living in rural and isolated communities gain access to low carbon electricity; how can people in remote areas access and use reliable and affordable internet connectivity; how can farmers in less developed countries increase food and cash crop yields through advanced methods of sustainable agricultural production and preservation, and lastly, how can cities leverage technology to reduce the spread of infectious diseases and prevent the next pandemic? During his keynote speech at the launch, Badr Al Olama, Head of the Organising Committee for the Global Manufacturing and Industrialisation Summit, GMIS, said, “The UAE has placed innovation at the core of its manufacturing strategy since the father of our nation set out his vision for the country almost 100 years ago. By chartering a global path towards inclusive and sustainable industrial development, we must create an ecosystem that thrives on technology, creativity and community.”
“Through the Mohammed bin Rashid Initiative for Global Prosperity, we can tackle key issues such as poverty, hunger, education and environmental sustainability. This is the beginning of a new movement, one where we align the aspirations of millennials with global good, channelling their energy and creativity to bring about opportunities for those that are in need, and in the communities that need it most,” he added.