Global Makers Challenge from Mohammed bin Rashid Initiative to Win a Prize up to $250,000
Applicant criteria
- More than 18 year
- Both
Opportunity criteria
Opportunity description
The Global Maker Challenge is one of two programs 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 honor 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 Makers Challenge invites innovative start-ups, entrepreneurs and businesses to submit solutions to solve real-world problems.
Themes:
The challenge is vertically divided into the following 4 themes:
- Sustainable Energy.
- Digital Divide and Digital Literacy.
- Rural Transformation and Zero Hunger.
- Sustainable Cities.
Benefits:
- Each of the 4 Challenge Winners can win prizes to the value of up to 250,000 USD.
- Mentorship Opportunites.
- The shortlisted companies will be invited to a pitch live session in UAE.
- The finalists will be invited to the Global Manufacturing and Industrialisation Summit, in July 2019 in Yekaterinburg, Russia.
Eligibility:
- Applications to the MBR Global Makers 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.
Judging Criteria:
Solutions will be reviewed by our experts and judges, following these criteria:
- 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.