Mohammed bin Rashid Initiative for Global Prosperity - Global Maker Challenge

The Mohammed bin Rashid Initiative for Global Prosperity unites the world’s leading manufacturers, start-ups and entrepreneurs, governments, UN agencies and philanthropists, academia and researchers, to form a community dedicated to spreading global prosperity through the art of ‘making’

The initiative specifically seeks to recognize noble and novel achievements that have positively contributed to the well-being of our world while fostering the values of resilience, community, harmony and dignity

The Global Maker Challenge is an online open-innovation platform that offers an opportunity for ‘makers’ and innovators to connect and collaborate, wherever they are in the world, to solve real-world problems affecting people's lives. Leveraging manufacturing innovation to provide viable and deployable solutions for the world’s most pressing issues, it invites world-leading manufacturers and organisations to adopt challenges, provide mentorship, and help solve real-world problems.

The Global Maker Challenge is one of two programmes facilitated through the Mohammed bin Rashid Initiative for Global Prosperity. The Initiative was launched by His Highness Sheikh Mohamed bin Zayed Al-Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in honour of His Highness Sheikh Mohammed bin Rashid Al-Maktoum, Vice President and Prime Minister of the United Arab Emirates, Ruler of Dubai, for his commitment in transforming the United Arab Emirates.

The Global Maker Challenge invites innovative start-ups, entrepreneurs and businesses to submit solutions to solve real-world problems. The Challenge is vertically divided into four themes, Sustainable and Healthy Food for All, Innovation for Inclusive Trade, Innovation for Peace and Justice and Climate Change. Applicants are invited to enter their solutions to the challenges through an easy online application process. The four Challenge Winners will gain valuable recognition, global exposure, and mentorship if successful.

Who can apply?
Applications to the Global Maker Challenge is open to all business model stages. It is open to any start-up, innovator or business that has a proof of concept and prototype for a viable, technically feasible and desirable solution that promises a strong impact on the identified challenge. Please click here for the four challenges.

What do I win if my application is successful?
Each of the four Challenge Winners can win prizes to the value of up to US$250,000, including cash prizes, mentorship.

  • Alignment: The solution addresses the challenge that has been set forth.
  • Potential for Impact: The planned implementation of the solution has the potential to impact lives.
  • Feasibility: It is feasible to implement the solution, and the team has a plan for the solution to sustain itself financially.
  • Scalability: The solution can be grown and scaled to affect the lives of more people.
  • Innovative Approach: This is a new technology, a new application of a technology, a new business model, or a new process for solving the challenge.

Travel costs for the pitching session
All flight and accommodation costs if any for shortlisted companies participating in the pitching session as well as finalists for the award ceremony will be covered by the MBR Initiative for Global Prosperity.

Sustainable and Healthy Food for All
  • Provide equitable and affordable access to healthy, low carbon food in cities
  • Create more efficient supply chains and reduce food loss and waste
  • Reduce hunger, malnutrition, and food related illnesses in urban areas

Innovation for Inclusive Trade
  • Increase competitiveness and give comparative advantages to communities traditionally left out of trade opportunities
  • Improve the ability of rural communities to move across skills, industries, and regions
  • Facilitate the integration of rural markets with the global economy

Innovation for Peace and Justice
  • Increase access to reliable and cost-effective legal support
  • Reduce health risks among displaced populations through expanded access to healthcare and improved water and sanitation infrastructure that ensures safe delivery of drinking water and disposal of waste
  • Reduce barriers to education and skills training for displaced youth

Climate Change
  • Promote the sustainable use of materials and resources in infrastructure
  • Reduce and eliminate the consumption and waste of plastic goods, especially single-use plastics
  • Increase utilization rates of products such as electronics and textiles through retaining and sharing ownership

Original post by https://makingprosperity.com/all-cohorts

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