His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has approved the launch of the next phase of the 'Dubai Future Solutions' initiative.
It aims to foster the development and implementation of innovative prototypes and pilot models, delivering transformative solutions from Dubai to the world.
The 'Dubai Future Solutions – Prototypes for Humanity' initiative will be overseen by Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority.
Sheikh Hamdan witnessed the signing of a cooperation agreement between the Dubai Future Foundation (DFF) and the Hussain Sajwani – DAMAC Foundation (HSDF), which pledged AED 100 million to support innovation and technology in Dubai and across the UAE.
"The objective of the 'Dubai Future Solutions - Prototypes for Humanity' initiative is to create a dynamic platform that attracts leading innovations, projects, and experimental ideas from across the world, including contributions from bright students, top universities and international institutions, with the aim of transforming these ideas into impactful solutions benefiting humanity," said Sheikh Hamdan.
The collaboration between DFF and HSDF will establish a global framework to enhance partnerships with academic institutions, students, laboratories, startups, and leading innovators worldwide.
It's designed to attract global innovations to Dubai, offering a platform for innovators to exhibit their work, drive community improvement, address significant global challenges and convert experimental projects into thriving startups.
It also aids in patenting innovations and helps transition ideas into viable companies, while providing investment avenues for innovators looking to expand from Dubai to global markets.
These objectives will be realised in collaboration with the Dubai International Financial Centre (DIFC) and Dubai Culture.
An annual event will be hosted at the Dubai Future District, showcasing the best 100 innovations from the ‘Dubai Future Solutions – Prototypes for Humanity’ initiative. The top innovations will be honoured during the annual ceremony.
DFF will also support this initiative through various national programmes, including the Dubai Research and Development Programme and the Dubai Robotics and Automation Programme.
Leveraging its integrated ecosystem, DFF will promote entrepreneurship through AREA 2071 and the Dubai Future Accelerators (DFA), spotlighting promising projects and talents.
This announcement builds on the success achieved by the 'Prototypes for Humanity', an initiative of the Art Dubai Group, over the past nine years.
Under the patronage of Sheikha Latifa bint Mohammed, the initiative has showcased hundreds of innovative projects from over 10,000 applications submitted by students from more than 700 universities worldwide.
. @HamdanMohammed: We approved the launch of the next phase of the ‘Dubai Future Solutions’ initiative, to be overseen by Latifa bint Mohammed. Building on the successes of the ‘Prototypes for Humanity’ initiative over the past nine years, this new phase aims to generate 100… pic.twitter.com/IYVHLlJBG4
— Dubai Media Office (@DXBMediaOffice) June 23, 2024
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