The need to support entrepreneurship and innovation for the future
The serious challenges in our Arab communities and the world are not limited to poverty, disease, illiteracy and violence. They are also reflected in ambitious, well-educated young people, unable to find support to start their march on the road to success; or governmental employees who lack the incentive to unleash their untapped potential to serve society, or innovative minds who may not find the adequate resources to develop ideas that could provide true solutions to regional and global challenges.
Mohammed Bin Rashid Al Maktoum Global Initiatives focuses on developing communities through the education of leaders specialised in good governance, supporting the development of leadership among youth, providing integrated incubators to support innovators, and relying on research and innovation, being some of the most important tools necessary for changing the future of societies.
What we aim to achieve
Through its affiliates, the Initiatives trains and supports 23,000 young entrepreneurs, and provides support for 3000 companies that employ more than 160,000 employees. The Initiatives further train officials and leaders from 155 governmental organisations from various countries around the world, in order to develop the governmental mindset and raise the level of public services. In addition, it has also invested 1 billion AED to create an integrated environment to serve creative innovators locally, regionally and globally through the Museum of the Future.
What we achieved so far
companies employing over 160,000 people supported
government entities worldwide received leadership training
(in AED) to be invested in creating innovation incubators
How we invent into the future and support leadership
Affiliated institutions working on future innovation and leadership
The Arab Strategy Forum
The Forum was established in 2001 to serve as a platform offering a view of the future and gather information about the state of the world and its future political and economic tendencies. Under its umbrella, a group of world leaders and think tanks meet to discuss the most critical issues in this regard. The forum functions as a communication network that encompasses a series of sessions to help reach a better understanding of the future geopolitical and economic trends in the region and the world, with the aim of paving the way for a better world.
The UAE Drones for Good Award
This initiative was launched in 2014 during the second governmental summit. Its aim is to develop civilian products and services that constitute an important addition to serve man in all fields, be they governmental, humanitarian, medical or any other field. The award comes in two versions, the first is global, worth one million USD, and the other is local, worth one million AED.
Mohammed bin Rashid Al Maktoum Business Award
The award was launched in 2005, with the aim of supporting the development of the business sector, showing appreciation to the institutions that contribute to the economic progress in the UAE, and encouraging them to achieve further growth and success, and benefit from the experiences of other outstanding projects. It also promotes a competitive business environment by addressing the challenges that companies and institutions face. The award assists them in evaluating their performance objectively, comparing their work performance with the best practices applied in their field of commercial activities, and providing a detailed report on their overall performance and the points of strength and weakness.
Mohammed Bin Rashid Award for Young Business Leaders
The award was first launched in 2003 to hail the exceptional projects executed by SME entrepreneurs in the UAE and the Arab world. It is the first award of its kind in the region that contributes to the creation of a competitive environment among entrepreneurs in the UAE and other Arab states.
Mohammed bin Rashid Establishment for SMEs Development
Inaugurated in 2002, the establishment aimed to embrace and nurture the leadership spirit in Dubai, encourage businesses and provide facilities for developing business activities and leadership among UAE citizens. It is further meant to stimulate growth and development of SMEs, and spread the business culture by establishing an attractive environment appealing to innovators who have creative ideas, and help them turn those ideas into successful future projects.
Mohammed Bin Rashid Center for Leadership Development
The program was launched in 2003 to support and develop the leadership skills of the UAE’s citizens. It aims to empower the most promising figures to become entrepreneurs, business and government leaders, providing them with the required knowledge, skills and experience.
Mohammed Bin Rashid School of Government
In 2005, the Mohammed Bin Rashid School of Government was launched as the first academic research institution specialised in government administration and public policy in the Arab world. It aims to support government excellence in UAE and the Arab world by applying an integrated system of education, training, applied programs, research and studies in partnership with the Kennedy School at Harvard University. In addition, the college organises specialised international and regional conferences and workshops; and hosts forums for exchanging views, thought and knowledge among the Arab countries and the world.
The Museum of the Future
Announced in 2015, the museum aims to include innovation laboratories in the fields of health, education, smart cities, energy, and transportation, in addition to being a permanent museum for future inventions. It sets out to offer the world’s best environment to promote innovation. Upon completing its construction in 2017, this museum will be the largest platform for testing ideas and developing technical solutions to the challenges that face education, health, smart cities, transportation and energy.