With monetary prizes, mentorship, and access to global organisations, worth up to US$1 million, the Global Prosperity Initiative brings together a community of ‘makers’ to tackle some of the world’s toughest societal problems that affect over one billion people globally….reports Asian LIte News

The Mohammed bin Rashid Initiative for Global Prosperity, an initiative of the Global Manufacturing and Industrialisation Summit, GMIS, has signed a partnership agreement with the University of Cambridge’s Institute for Manufacturing, IfM, at the UK-UAE Business Council in London.
With monetary prizes, mentorship, and access to global organisations, worth up to US$1 million, the Global Prosperity Initiative brings together a community of ‘makers’ to tackle some of the world’s toughest societal problems that affect over one billion people globally. In alignment with the United Nations Sustainable Development Goals, the Global Prosperity Initiative aims to empower entrepreneurs, innovators and technologists to drive social innovation and promote global good.
Badr Al-Olama, Head of the GMIS Organising Committee, said, “The University of Cambridge has a long history of innovation in the fields of science and technology that has contributed immensely to society, a goal which is at the heart of the Mohammed bin Rashid Initiative for Global Prosperity.
“Our platform has already inspired innovators from all corners of the world to come forward and solve issues that we face together, whether that be in bridging the digital divide or eliminating hunger. Through our cooperation with the University of Cambridge, and our partnerships with global organisations, we can also encourage greater corporate social responsibility through the adoption of these solutions and promote global good through the international business community.”
Tim Minshall, Dr John C Taylor Professor of Innovation and Head of the Institute for Manufacturing, said, “The Institute for Manufacturing are pleased to be part of this initiative which highlights the importance of taking innovative approaches to solving real-world problems. We are looking forward to hearing from innovators whose novel ideas have the potential to make a positive and lasting impact on global prosperity.”
The Mohammed bin Rashid Initiative for Global Prosperity was first launched by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, during the inaugural Global Manufacturing and Industrialisation Summit, held at the Paris-Sorbonne University Abu Dhabi in March 2017.