H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai, and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), today approved the launch of the next phase of the 'Dubai Future Solutions’ initiative.
The 'Dubai Future Solutions – Prototypes for Humanity' initiative, led by H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority (Dubai Culture), aims to develop innovative prototypes and pilot models to deliver transformative solutions globally, building on the nine-year success of 'Prototypes for Humanity.'
Sheikh Hamdan bin Mohammed witnessed the signing of a cooperation agreement between the Dubai Future Foundation and the Hussain Sajwani – DAMAC Foundation, which pledged AED100 million to support innovation in Dubai and the UAE, aiming to transform Dubai into a global innovation hub.
H.H. Sheikha Latifa bint Mohammed said the directives of H.H. Sheikh Hamdan bin Mohammed provide a strong impetus to Dubai’s journey of innovation, entrepreneurship, future design, and human empowerment. They serve as a guide to strengthen international collaborations and partnerships and accelerate the advancement of new technologies and innovations.
"To achieve these goals, we are committed to cultivating strategic partnerships with government entities, the private sector, global universities, and academic, cultural, technological and creative institutions. Our objective is to spotlight a variety of future-oriented ideas and innovations that have a positive impact on society, ultimately transforming them into tangible achievements that will serve humanity,”
she added.
Under H.H. Sheikha Latifa bint Mohammed, DFF and HSDF will create a global framework to enhance partnerships with innovators, attracting global innovations to Dubai. The initiative supports startups, job creation, and market expansion, helping convert projects into companies, with backing from DIFC and Dubai Culture.
An annual event at Dubai Future District will showcase the top 100 innovations from 'Dubai Future Solutions – Prototypes for Humanity.' DFF will support through national programs and initiatives like AREA 2071 and DFA, promoting entrepreneurship. This builds on nine years of 'Prototypes for Humanity' success.
The 'Prototypes for Humanity' initiative has been supported by its founding partners: Dubai Culture, DIFC, A.R.M Holding, and the Investment Corporation of Dubai. In the past year, the initiative received over 2,800 project submissions encompassing more than 200 research fields across diverse technological and future-oriented sectors.
News Source: Emirates News Agency
