20 finalists of $1 million Global Maker Challenge revealed

The finalists have been chosen from over 3,400 options that have been submitted for Cohort 2.

The Mohammed bin Rashid Initiative for Global Prosperity (the Global Prosperity Initiative), right now introduced the 20 finalists for the Global Maker Challenge who will compete for prizes and mentorship value as much as $1 million after they current their options throughout a sequence of Virtual Pitches that can begin on August 31, 2020, within the lead as much as the Global Maker Challenge Award Ceremony on September 6, 2020.

The finalists have been chosen from over 3,400 options that have been submitted for Cohort 2 of the Global Maker Challenge, a 200 p.c improve from final yr’s inaugural cohort.

Solutions from over 148 international locations have been obtained, of which 18 per cent got here in from Least Developed Countries. This yr’s world challenges centred round 4 themes: Sustainable and Healthy Food for All, Climate Change, Innovation for Inclusive Trade, and Innovation for Peace and Justice.

The 20 finalists, comprising 5 innovators per theme, have been assessed and shortlisted in partnership with the Massachusetts Institute of Technology’s SOLVE initiative, MIT SOLVE, and an esteemed jury of 47 globally famend material and innovation specialists from UN businesses, world organisations, digital innovation firms, NGOs, and academia.

Antnio Guterres, Secretary-General of the United Nations, just lately warned that as many as 50 million extra individuals may fall into excessive poverty on account of the pandemic except pressing motion is taken. This adopted a report by The United Nations Department of Economic and Social Affairs, UNDESA, that the Covid-19 pandemic is slowing down general efforts to realize the Sustainable Development Goals, SDGs, placing years of progress in danger.

The shortlisted finalists have harnessed novel applied sciences reminiscent of machine studying, synthetic intelligence, good supplies or cloud-based networks to design reasonably priced options which are extremely scalable, and may help deprived communities world wide to create new alternatives for sustainable growth.

Badr Al Olama, Head of the Organising Committee for the Global Manufacturing and Industrialisation Summit, GMIS, mentioned, “The disruption brought on by the pandemic dangers setting again the progress made in direction of the 2030 Agenda for Sustainable Development. Innovation is vital to controlling the injury brought on by COVID-19 and bringing us again to hurry in direction of a extra sustainable future. We should double up on our efforts in utilising innovation to deal with humanitarian challenges and supply options to the unprecedented challenges brought on by this disaster.

“Since its inception in 2017, the Global Prosperity Initiative has reflected the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, who is a firm believer in applying the power of innovation to solve our world’s challenges. I am confident that the creativity of this year’s finalists will further advance this vision – bringing life-changing solutions to those that need them most.”

Virtual pitches and ceremony

The Virtual Pitches and award ceremony are anticipated to unite an viewers of social impression lovers from academia, funding firms, incubators, accelerators, and the judging panel who will witness the finalist pitch their options, high-level panel debates, and expert-led shows.

The discussions will concentrate on growing a path in direction of overcoming setbacks brought on by the pandemic and guaranteeing the SDGs are positioned again on observe to attaining the 2030 targets.

The finalists of the Sustainable and Healthy Food for All problem are ColdHubs, IXON, Xilinat, Stixfresh, and Nilus, who successfully handle the problems that fast-growing city populations face in accessing wholesome and sustainable meals.

The Climate Change problem proposed options that facilitate a low-carbon round economic system by means of good use of current assets. The finalists of this problem embody AlgiKnit, Aquacycl, Queen of Raw, Plastics for Change, and Biocellection.

Each of the shortlisted options inside the Innovation for Peace and Justice problem provided a novel concept that helps refugees and displaced individuals entry reasonably priced, high quality providers which are important to their security and wellbeing; these embody Peripheral Vision International, PVI, ID2020, PeaceTech Lab, Simbi Foundation, and Aiyin.

The closing problem, Innovation for Inclusive Trade, showcased innovators that have been chosen for his or her means to help rural communities in accessing new provide chains and markets to create higher livelihoods. The finalists inside this problem are Agricycle Global, Fantine, POKET, Takachar, and ChapChap.

Lisa Mcauley, CEO of the Global Trade Professionals Alliance mentioned, “Although the coronavirus has changed the world, the global challenges we faced before the pandemic remain, and in some cases, are now being compounded by the virus.

“The finalists which were chosen are a testomony that there’s nonetheless hope for thousands and thousands of individuals affected by the results of environmental or human-made issues.

Cohort 2 of the Global Maker Challenge was launched on the United Nations Industrial Development Organisation’s eighth Ministerial Conference of the Least Developed Countries in November 2019 in Abu Dhabi.

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