Mohammed bin Rashid Initiative for Global Prosperity

By April 16, 2019Uncategorized EN

The Mohammed bin Rashid Initiative for Global Prosperity (the Global Prosperity Initiative), an initiative of the Global Manufacturing and Industrialisation Summit (GMIS), calls on global start-ups to develop transformational solutions, aimed at achieving a sustainable future for communities, as showcased by the 16 finalists of its US$1 million Global Maker Challenge at the Pitch Event held in Abu Dhabi and Dubai on the 16th and 17th of April respectively.

The Mohammed bin Rashid Initiative for Global Prosperity is creating an ecosystem to channel innovation towards global good, reinforcing the UAE’s commitment to the United Nations Sustainable Development Goals (SDGs). The UAE is creating the right ecosystem to empower innovative start-ups and entrepreneurs. This is demonstrated by several of the country’s initiatives such as the UAE Strategy for the Fourth Industrial Revolution, as well as the latest legislative direction by the UAE Cabinet on providing long-term visas for entrepreneurs, investors, specialised talent and outstanding students.

Giving the keynote address, Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Chief Executive Officer, Alliances for Global Sustainability, said: “To bring prosperity means to give access to healthcare and education, to end poverty and injustice and to ensure safety and security to those in need. Technology is playing an important role in improving the lives of many people across the globe. I have been lucky to meet many entrepreneurs who are creating a positive impact. Innovative entrepreneurs like the shortlisted start-ups of the Global Maker Challenge offer hope for global prosperity. I urge you to keep going and embed social and environmental values in your organisations.”

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References:

https://www.forbes.com/sites/francoisbotha/2019/05/13/why-the-united-arab-emirates-is-in-the-perfect-position-to-take-on-global-challenges/#2761fb107a72

http://saudigazette.com.sa/article/564836/BUSINESS/Transformational-solutions-development-needed-to-achieve-sustainable-future

https://www.emaratalyoum.com/business/local/2019-04-18-1.1204005