UN Agencies and MIT's Solve Partner With Mohammed Bin Rashid Initiative for Global Prosperity to Revolutionise Social Innovation

HANNOVER, Germany, April 25, 2018 /PRNewswire/ --

The Mohammed Bin Rashid Initiative for Global Prosperity has unveiled key partnerships with eight entities of the United Nations (UN) and Solve, an initiative of the Massachusetts Institute of Technology (MIT), during a private event hosted by the Global Manufacturing and Industrialisation Summit (GMIS) at the Hannover Messe 2018 in Germany.

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This announcement reaffirms the importance of achieving the UN Sustainable Development Goals (SDGs) by enabling and inspiring a worldwide community of makers to create transformative solutions to solve some of the world's greatest challenges.

A humanitarian champion who has impacted and improved the lives of over 130 million people across 116 countries, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and Ruler of Dubai, has placed great emphasis on the role of innovation to reshape industries, and strengthen economies and societies.

By bringing together manufacturers, startups and entrepreneurs, and governments and NGOs to enable global collaboration and partnerships, the initiative will create an ecosystem to unlock and accelerate innovation designed to enhance global prosperity through product innovation.

"Creating an innovative global community of makers dedicated to spreading prosperity across the world, the Mohammed Bin Rashid Initiative for Global Prosperity is designed to promote unconventional thinking, develop unobvious partnerships, and drive unexpected outcomes.  We are honoured and proud to be partnering with key UN entities to advance our shared mission - to build a stronger, better, more prosperous, more equal, and more empowered world," said Badr Al-Olama, Head of the Organising Committee for the Global Manufacturing and Industrialisation Summit.

The initiative combines the Mohammed Bin Rashid Global Maker Challenge, an online open-innovation platform through which 'makers' and innovators will apply a design-thinking approach to solve specific real-world challenges; and the Mohammed Bin Rashid Global Prosperity Award, a prestigious global accolade that recognizes and rewards social innovation, and promotes the benefit that manufacturing brings to humanity.