GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Government, Legal and Humanity

 
  Share
  • Thani Al Zeyoudi and Shamma Al Mazrui discuss sustainable future with the youth
  • 27 entrepreneurs take the stand at CLIX and present their innovative proposals to potential investors 
  • Al Zeyoudi: CLIX is an out-of-the-box solution for the limited funding of climate innovations
  •   UAE entrepreneurs lead the entries in CLIX, reaffirming the country's success in creating an environment conducive to achieving its sustainability goals

Abu Dhabi, United Arab Emirates; January 18, 2018 –   The Climate Innovation Exchange (CLIX) kicked off on Tuesday, January 16, at the World Future Energy Summit 2018, running from January 15 to 18, as part of Abu Dhabi Sustainability Week. CLIX is being held under the patronage of the UAE Ministry of Climate Change and Environment and is hosting 27 entrepreneurs and innovators in the areas of sustainable agriculture, clean mobility and air quality.
In his keynote speech, His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, said that innovation and technology play an important role in solving a range of today's sustainability issues. “Innovation and technology generate a wide range of socio-economic values and create jobs, and this is why innovation is at the heart of our development agenda to drive our economic diversification objectives,” he said.

Al Zeyoudi added that to keep pace with the nationwide drive towards innovation and to help realize the National Climate Change Plan 2050, MOCCAE announced CLIX last October, as a platform that aims to realize innovative ideas to solve the unique challenges faced today, by connecting global entrepreneurs and investors to enable partnerships that will power sustainable climate solutions through knowledge, innovation, and funding.

The Minister said that CLIX saw a high-level of interest as it received submissions from 364 applicants from 65 countries. The judges panel, after carefully examining every application to determine their fulfillment of the pre-announced requirements, selected 27 applicants to present their ideas at CLIX.
He further added that “The high level of interaction we see here today between emerging entrepreneurs and investors and the quality of ideas being presented before us are clear indications to the prominent contribution the UAE makes in supporting innovation and providing applicable solutions to address climate challenges. I am proud to see that the largest number of applicants per country came from the UAE.

“Funding has always been a hurdle for the adoption and pursuance of sustainability goals.  The inaugural edition of CLIX seeks to provide financing and investments, valued at AED 1.1 million, to excelling startups, and AED 9 million to make the selected proposals a reality.”

Highlighting the importance of enabling and engaging the youth, Her Excellency Shamma bint Suhail Faris Al Mazrui, UAE Minister of State for Youth Affairs, said: “Abu Dhabi has become an exemplary sustainability model, as it is committed to deploying sustainability solutions and carrying out high-level events that ensure a more prosperous future. One of these events is Abu Dhabi Sustainability Week. This year, ADSW is all about youth, and for good reasons. If we want our largest population and our greatest assets – Youth – to succeed in building our world for today and tomorrow, we must engage them now in the end-to-end solution making in our systems. Sustainability is as much a mindset about investing in the young people who will be our future as it is the natural resources we use to fuel it.”

Al Mazrui urged CLIX participants to take advantage of the platform to connect and set things in motion.
CLIX invited entrants to demonstrate innovative thinking and leverage technology to develop solutions in one of three key areas: agriculture, clean mobility and air quality. A panel of judges selected the semi-finalists over three rounds of assessment based on the challenges, solutions, innovations, technology and business models outlined in the submissions.

The semi-finalists will pitch to prospective investors at CLIX during WFES 2018, before being narrowed down to three finalists per category during the fourth round of assessment. At the event, investors will focus on five main elements of the pitches: concept and product, feasibility, target market, financials and the team.

 



Posted by : GoDubai Editorial Team
Viewed 10297 times
Posted on : Thursday, January 18, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : 2018 ‘Camel Trek' of the UAE embarks from ‘Empty Quarter' in Abu Dhabi
Next Story : Empower quickly responds to emergency call for blood donors
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Timeless Ties
COLAB - Dry Shampoo
ORANGE & BERGAMOT Awaken the Cult Icon New Additions
The Perfect Gift Mark
FOREO delivers the ultimate festival survival kit for a glow-on-the-go.
New XE 300 Sport Edition Wins Gripping Ice Race
Get Vibrant and lively hair with Rahua's new Color Full Range
Enhance skin radiance, smoothness and brightness in just 14 days, with the new J...
Summertime Beauty Picks at Glambeaute.com
Samsung launches Exciting Smartphone Trade-In Program with Galaxy S9 or S9+
Filorga Mesotherapist Derma Roller
du to Offer New 9.7-inch iPad With Apple Pencil Support
Skyline University College Economics Day 2018: One Step towards Tomorrow
Penny Scallan Design Launches in the Middle East
Dubai Sports Council Pavilion a big hit at Bangkok SportAccord
New Blow Out Bar and Make-Up Studio SWISH by Immaclife Opens in Abu Dhabi in Apr...
Dubai-based Al Kasir Group launches three Crypto assets backed by diamonds
A Royal Ramadan Experience by Master Chef Mama in Pullman Dubai Creek City Centre
Pandora Shine Discover A New Way to Shine
Rolling Cones, a new luxury ice cream concept, launches at the Hyatt Regency Dub...
MINI at Auto China Beijing 2018
The new BMW M2 Competition
Palladio Beauty - a Professional Line of Botanical & Vitamin-Infused Cosmetics
Stylish Nursing wear at Mums and Bumps
Mumzworld Announce Recruitment Drive To Empower Women in the Middle East
Gifts for Ramadan at Hour Choice
Abu Dhabi Ship Building Company Launches Two 64-Meter Landing Ships for the Kuwa...
Toshiba Releases New, Powerful Surveillance and Video Streaming Internal Consume...
Exclusive, Limited‐Edition, Swiss‐Made Cryptocurrency Watches
Sheikh Sultan bin Ahmed Al Qasimi Leads Sharjah Contingent to Kuwait Arab Media Forum
10 Kg gold for 100 winners at Malabar Gold & Diamonds
Olivia Burton Marble Florals - Embrace these styles for a new artistic way to wo...
Genesis G70 Luxury Sedan Arrives in Middle East
Spring/Summer 18 Collection
Mido Ramadan Watch Collection
Understanding what women want Balmain reveals the Madrigal Mini II
Pandora Spring Embrace Nature's Beauty
Etihad Aviation Group Launches Four Initiatives To Commemorate The Year Of Zayed
The Beautiful Britain 2018
Adamavi - Elegant, Timeles S, and Reliable
Airport Show Attracts Influential Aviation Leaders for Global Airport Leaders Fo...
Pinky Goat Launches BROWME
Huawei Brings the Most Coveted Smartphone - HUAWEI P20 Pro to the UAE
April Marks Autism Awareness Month at Nursery Chain
Tommy Fleetwood joins OMEGA's line-up of golfing greats
Get ready for an exciting Ramadan at Danat Al Ain Resort
Mido Multifort Datometer Limited Edition - A piece of history on your wrist
Hamdan Bin Mohammed Heritage Center Participates at Abu Dhabi International Book Fair
OPPO unleashes the new Selfie Expert F7 with a 25 MP AI powered selfie camera
Ashridge to help Saudi leaders explore and implement strategies for growth