$ 1mln global Omnipreneurship Awards challenge to drive innovation in sustainable food production

$ 1mln global Omnipreneurship Awards challenge to drive innovation in sustainable food production

- Encourage innovative and environmentally friendly technological solutions that enable local production and the use of renewable and sustainable sources of feed, in alignment with the ideal locations in the Kingdom to maintain natural resources.

- The grand prize is USD 1 million, whilst the award for each of the five shortlisted candidates is set at USD 20,000.

Riyadh: – Tanmiah Food Company (“Tanmiah” or the “Company”, 2281 on the Saudi Exchange), a market-leading provider of fresh and processed poultry and other meat products, animal feed and health products, and a foods brand franchise operator, announced the launch of another edition of the Omnipreneurship Awards Sustainability Challenge this week.

The challenge seeks innovative technological solutions that enable the transition from imported corn and soy-based feed towards sustainable, nature-positive, and locally produced feed raw materials. This contributes to local production by obtaining renewable and sustainable feed sources- Tanmiah consumes over 300,000 metric tons of feed currently and 100% of this is imported.

To mitigate the current dependency on imported feed, align with self-sufficiency and food security goals in Saudi Arabia, and contribute to Vision 2030, we aim to provide a solution that enables Tanmiah to produce feed locally, cost-effectively, at an industrial scale and in