- The virtual ceremony on 17-18 November will see four finalists claim their share of a $1M USD prize pool
- 12 finalists from over 400 entrants across 60 countries will compete in a virtual pitch competition in front of a panel of distinguished judges from the food tech industry
- Open to all, the two-day event will feature a series of panel discussions, interactive workshops, live Q&A sessions, and networking opportunities
Abu Dhabi, United Arab Emirates, October 21, 2020: The FoodTech Challenge, a global search for innovative and commercially viable solutions that address the need for more sustainable food production practices in the UAE, will come to a close with an awards ceremony held virtually on 17-18 November 2020.
Launched in September 2019 under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the FoodTech Challenge is a joint initiative by the UAE Food and Water Security Office and Tamkeen, an Abu Dhabi based company mandated to deliver projects to meet the UAE’s vision of knowledge-based development. Created to enhance the UAE’s self-sufficiency at the national, community, and household levels, the FoodTech Challenge saw participation by over 400 applicants from more than 60 countries across the globe.
Following a series of mentorship sessions that paired each of the twelve finalists with one of the FoodTech Challenge’s expert judges, four winning teams will take away prizes from a $1M USD prize pool which includes $100,000 USD in cash and eligibility to participate in the Abu Dhabi-based Catalyst Accelerator Programme, which provides up to $150,000 USD in seed funding.
The virtual pitch competition will take place in front of a panel of distinguished global experts from the food tech industry, who will evaluate the proposals against a set of key criteria including use of technology, sustainability, and commercial viability.
The announcement of the FoodTech Challenge awards ceremony follows the marking of World Food Day on 16 October 2020, a date celebrated each year worldwide to commemorate the founding of the United Nations Food and Agriculture Organization in 1945. Speaking in a special one-hour virtual event organised by the United Nations, the UAE Ministry of Foreign Affairs and International Cooperation and the Food and Water Security Office on World Food Day, Her Excellency Mariam bint Mohammed Almheiri, Minister of State for Food and Water Security, called on the global community to take part in initiatives launched to drive forward the UAE’s vision to become a world-leading hub for innovation-driven food security.
“The FoodTech Challenge was conceived to show how agritech can play a vital role in helping the UAE meet its food security targets by promoting a certain degree of self-sufficiency. When we launched the challenge over a year ago, we could never have anticipated the situation we find ourselves in today. The COVID-19 pandemic and its impact on global food chains has reiterated the need for us to reduce our reliance on net food imports and to find new ways of producing food, with technology-enabled home farming being one particular area of promise. The challenge’s awards ceremony next month could not come at a more significant time,” said Her Excellency Mariam bint Mohammed Almheiri, Minister of State for Food and Water Security.
Joined by university students, academics, and experts from across the global agtech ecosystem, the FoodTech Challenge awards ceremony will feature a series of panel discussions, interactive workshops, live Q&A sessions, and networking opportunities.
To register to take part in the awards ceremony, visit https://foodtechchallenge.com/events/foodtech-challenge-final-and-awards-ceremony/.
Tamkeen is an Abu Dhabi based company mandated to deliver projects to meet the UAE’s vision of knowledge-based development. Tamkeen works with a variety of local and international institutions to enrich the UAE’s social, cultural and educational landscape.