Dubai, United Arab Emirates – September 7, 2020 – The Mohammed bin Rashid Initiative for Global Prosperity announced the four winners for Cohort 2 of the Global Maker Challenge at its first ever Virtual Award Ceremony organized out of the United Arab Emirates. The four winners, along with eight runners-up, will receive monetary prizes, mentorship, and access to global organisations, worth up to US$1 million.
Simbi Foundation, ColdHubs, POKET, and Plastics for Change, were selected as the four Global Maker Challenge winners following careful evaluation led by the Massachusetts Institute of Technology’s SOLVE initiative (MIT SOLVE) and an esteemed jury of 47 globally renowned subject matter and innovation experts.
The Initiative also identified the four most disruptive solutions, that will be connected to global organisations to receive guidance and mentorship through a programme in partnership with the University of Cambridge.
ID2020, Stixfresh, Agricycle Global, and AlgiKnit were identified to be the most disruptive solutions with the potential to generate significant social and economic change in the face of some of the world’s most pressing challenges. These start-ups will benefit from the Global Prosperity Award mentorship programme and will receive guidance and support from global organisations to help them overcome their non-financial challenges, and put them on a path to scalability and greater social impact.
Cohort 2 was launched at the United Nations Industrial Development Organisation’s (UNIDO) 8th Ministerial Conference of the Least Developed Countries that was held in Abu Dhabi in November 2019, and received more than 3,400 entries from 148 countries. In partnership with 10 UN agencies, critical global issues that need urgent action, ,were identified, forming four challenges related to the themes of Innovation for Peace and Justice, Sustainable and Healthy Food for All, Innovation for Inclusive Trade, and Climate Change.
More than 6,800 social impact enthusiasts from around the world came together to witness the Global Maker Challenge finalists pitch their solutions, listen to expert-led discussions and keynotes, and watch the award ceremony, as part of the #Make4ProsperityWeek.
Speaking at the award ceremony, Badr Al-Olama, Head of the Organising Committee for the Global Manufacturing and Industrialisation Summit (GMIS) said: “We continue to be inspired by our patron, His Highness Sheikh Mohammed bin Rashid’s humanitarian journey and drive for innovation to positively impact not only the UAE, but also the region and the world. Just like us, our humanitarian start-ups too believe that access to innovation paves the way to building prosperity. Today, we celebrate the social entrepreneurs that leverage innovation for work that transcends borders.
“The whole world has been shaken by the coronavirus pandemic, but the strength of this year’s cohort has given us hope for the future. Our maker community put forward localised solutions for global problems, and through collaborative management between stakeholders, we can ensure that these inspiring innovations reach those who need it most. At the Mohammed bin Rashid Initiative for Global Prosperity, we believe that by demonstrating cohesiveness and having a shared destiny, we can strive towards a brighter future for all.”
The Innovation for Peace and Justice challenge addressed issues refugees and displaced people face to access affordable, quality services that are essential to their safety and wellbeing; and included the following solutions:
The ‘Sustainable and Healthy Food for All’ challenge tackled the issues that fast-growing urban populations face in accessing healthy and sustainable food; and included:
The Innovation for Inclusive Trade challenge addressed issues that rural communities face in accessing new supply chains and markets to create better livelihoods. The final candidates were:
The Climate Change challenge brought in solutions that facilitate a low-carbon circular economy through smart use of existing resources; winners include:
The Global Prosperity Award was formed to encourage global organisations to participate in making a lasting social impact on communities around the world. The solutions deemed to be the most disruptive will be invited to present to the corporate nominees, and outline the key non-financial challenges they might face when trying to scale their solutions. The participating corporate nominees will then prepare and present a support plan to help the shortlisted innovators in overcoming their challenges. A panel of experts led by the University of Cambridge will judge the support plans on their potential for social impact, and the corporate nominee deemed to have submitted the support plan with the biggest potential to make an impact will be presented with the Global Prosperity Award.
Notes to the Editor:
Image 1 – Badr Al Olama, Head of the Organising Committee for the Global Manufacturing and Industrialisation Summit
About the Mohammed bin Rashid Initiative for Global Prosperity:
A gift from His Highness Sheikh Mohammed bin Rashid Al-Maktoum, Vice President and Prime Minister of the United Arab Emirates, and Ruler of Dubai, to the world – The Mohammed bin Rashid (MBR) Initiative for Global Prosperity is an ambitious and impactful worldwide extension of the UAE’s own transformational vision, built on four core values: resilience, community, harmony, and dignity. It combines the Global Maker Challenge – an online open-innovation platform for ‘makers’ and innovators to solve specific real-world challenges, and the Global Prosperity Award – a prestigious global accolade that recognises and rewards social innovation brought by manufacturing for the betterment of humanity. The Initiative brings together companies, start-ups and entrepreneurs, governments and NGOs to create an ecosystem designed to enable new businesses to be built, new jobs to be created, and new solutions to be unlocked in support of the United Nations Sustainable Development Goals.
To learn more, please visit www.makingprosperity.com and follow the Initiative on Twitter: @Make4Prosperity, Instagram: @make4prosperity, LinkedIn: Mohammed bin Rashid Initiative for Global Prosperity, Facebook: @Make4Prosperity, and YouTube: Make4Prosperity.
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