The Mohammed bin Rashid Global Prosperity Initiative attracts 3,400 innovations from 148 countries

Today, the Mohammed Bin Rashid Global Prosperity Initiative, one of the initiatives of the World Summit for Industry and Manufacturing, today announced that it attracted 3,400 innovations to participate in the second session of the Mohammed Bin Rashid International Challenge for Industrial Innovators, an increase of more than 200% compared to the number of innovations attracted by the first session of the initiative last year.

The second session of the Mohammed Bin Rashid International Challenge for Industrial Innovators was launched on the sidelines of the Eighth Ministerial Conference of the Least Developed Countries, which was hosted by Abu Dhabi in November last year.

During the application period, the second session of the Global Challenge of Industrial Innovators received innovative solutions from 148 countries, and the percentage of participating innovations from 33 least developed countries reached about 18%, which included innovations from Uganda, Zambia, Tanzania, Ethiopia, Rwanda and Bangladesh.

The global challenge of industrial innovators has attracted increasing global attention since the launch of the first session in 2018, where the total number of innovators registered on the initiative's website in its second session exceeded 28 thousand innovators, an increase of more than 1000% compared to the previous session.

In its second session, the Mohammed bin Rashid Initiative for Global Prosperity renewed its cooperation with the Massachusetts Institute of Technology's Solution Initiative (SOLVE), the global leader in supporting sustainable innovation and developing solutions to global challenges, in the framework of evaluating partnerships and identifying competing innovations in the final list.

"We are pleased to receive this large number of registration requests and solutions that have been submitted in response to the call made by the Mohammed bin Rashid Initiative for Global Prosperity," Badr Salim Sultan Al-Ulama, Chairman of the Organizing Committee of the World Summit for Industry and Industrial, said in a statement.