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Dubai Holding, a worldwide funding holding firm working in 13 international locations and a Principal Pathway Accomplice on the twenty eighth United Nations Local weather Change Convention (COP28), immediately introduced ‘Innovate for Tomorrow,’ a pioneering innovation problem, inviting international innovators to develop options to handle vital points in waste, recycling, and useful resource restoration within the UAE to drive a round financial system.
Open for entries in January 2024, the first-of-its-kind initiative by Dubai Holding will see early-stage, growth-stage and scale-up corporations, from across the globe, submit concepts that may assist unlock new options on recycling and circularity, in the end serving to speed up the UAE’s path in direction of web zero. Straight contributing to the development of sustainable useful resource administration practices, the problem goals to allow entrepreneurial improvements, with a major emphasis on offering start-ups, significantly youth innovators, with a platform to convey options to life, and achieve entry to mentorship alternatives from inside Dubai Holding’s various portfolio.
Huda Buhumaid, Chief Affect Officer, Dubai Holding, stated: “Dubai Holding has lengthy performed an instrumental function in diversifying Dubai’s financial system in direction of sustainable, innovation-led progress. The ‘Innovate for Tomorrow’ problem underscores our dedication to assist the UAE’s efforts to advertise future-focused options that assist decarbonise sectors, and increase the round financial system.”
“By fostering innovation and actively partaking with international start-ups, younger innovators are higher enabled to develop impactful options that assist handle tomorrow’s challenges. Unveiled on the sidelines of COP28, our problem varieties a part of our dedication to ship advantages to our communities and collaboratively form a future that’s not solely sustainable however can also be inclusive and marked by resilience and forward-thinking.”
Following a rigorous pitch course of, the winners of ‘Innovate for Tomorrow’, anticipated to be introduced by April 2024, will obtain a complete rewards package deal, together with a monetary prize, the chance for a pilot undertaking with Dubai Holding, networking alternatives, entry to TECOM Group’s in5 enterprise incubator for start-ups and entrepreneurs, and mentorship with Dubai Holding consultants.
In a dedication to making sure equal entry, there are not any registration charges for candidates.
Particulars of the appliance course of might be obtainable in January 2024.
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