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 11590 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
Express Your Signature Style
Cerruti 1881 Infinite Love
The Memovox Adventure
OMEGA's second "Speedy Tuesday" sells in 01:53.17
Olivia Burton Watercolour Florals
Ulysse Nardin Salutes Us Navy With Limited Edition Executive Skeleton Tourbillon
Oh, Sweetie Lipcolour!
Innovative Chronofighter Superlight Carbon is replete with Graham's formidable m...
Travel Light with Beauty Essentials from Glambeaute.com
New short indie movie ‘The Peril' is a wake-up call to parents about internet sa...
Marchon Eyewear and G-III Apparel Group Sign Exclusive Global Licensing Agreemen...
Beat the heat with mini dresses
Jaeger-Lecoultre Main Sponsor of the 75th International Film Festival of La Bie...
Tissot T-Race Cycling An adrenaline-fuelled ride
DKNY Fall 2018
Summer Love by Mouawad
Enjoy an all-day breakfast at Sophie's Café
Go Down Memory Lane with Fashion Trends from the '90s
Tommy Hilfiger Dressed Up Collections
Inspired by legends, worn by new heroes, PUMA FOOTBALL brings you the AC MILAN 2...
Dubai Camel Racing Club Honours Al Tayer Motors
Open Dairies by Parmigiano Reggiano Consortium: A gastronomical event for touris...
DS Podium Chronograph - Sporty as ever, now with PrecidriveTM
DHL Express drives energy efficient solutions with new electric vehicles in Dubai
A New Watchmaking Encounter in Pink Gold at the Venice International Film Festival
Huawei's New Range of Artificial Intelligent Smartphones Set to Change Your Self...
Enjoy DSS 2018 Offers at Parah
Canvas on Wrist – Swatch Partners Up With Riksmuseum
Dubai Creek Harbour Project Celebrates 5 Million Man Hours with Zero Lost Time A...
Etihad Airways Celebrates President Xi Jinping's Visit With a Series of Cultural...
Launch of PINAR Water - Turkey
Sighting Immediate Hiring of UAE Nationals, Union Coop Organizes Exclusive Recru...
Outstanding Guide programme launched by Sharjah Museums Authority
Abu Dhabi Airports Celebrates Success at CIPS Middle East Supply Management Awards
Cromia Offers Amazing Discounts during DSS
2XL launches luxurious Louna sofa set in velvet
Accessing The Internet In Dubai: All You Need To Know
Ferrari's turbo-charged V8 is voted the best engine of the last 20 years
Before we say Goodbye to Flamingoes and Pineapples, Celebrate Summer 2018 with k...
An Insight Into Easyshopping.ae
Introducing Salvatore Ferragamo's Men's Sun and Optical Capsule
The Maison Chaumet opens an exclusive pop-up at The Dubai Mall
Dubai Business Women Council witnesses 28.3% growth in total membership during f...
From skin to comprehensive aesthetic care: a 15-year journey called Kaya Skin Clinic
GUESS Launches Fall 18 Handbags
Pottery Barn Kids launches new ‘Back-to-School' collection
Finnair launches off-airport baggage collection and check-in service in London w...
Take your mobile gaming to the next level
Experts urge residents to recognize early signs of Heart Disease
PCFC and GDRFA helped 511 employees tie the knot over last 7 years