Khalifa Fund awards winners of first Innovation Challenge ‘Inno Tank’

Khalifa Fund awards winners of first Innovation Challenge ‘Inno Tank’

Khalifa Fund for Enterprise Development successfully concluded the inaugural edition of the "Innovate" Innovation Challenge, which was launched in February, in conjunction with the UAE's Innovation Month, "UAE Innovates 2024". The challenge targeted students from universities in Abu Dhabi, as part of Khalifa Fund’s mission to foster a culture of innovation, empowering and motivating young talents to showcase their creativity and technical skills, and demonstrate their abilities to find practical solutions to real-world challenges facing entrepreneurs in priority sectors. The event was held at Khalifa Fund Headquarters, where teams from three universities pitched their final presentations to a panel of judges, demonstrating the innovative solutions they developed to overcome predefined challenges. The panel announced the AgriOptima Project from Zayed University as the first-place winner, the Compostit Project from Abu Dhabi University as the second-place winner, while the third-place winner was the 3D Printing for STEM Education project from Khalifa University. The winning teams received monetary prizes in the form of shopping vouchers from Yas Mall worth AED 20,000, AED 15,000, and AED 10,000, respectively. The challenges addressed agriculture, information and communication management, healthcare, and tourism sectors. The topics tackled were: Sustainable Precision Agriculture Innovation; smart city solutions for sustainable urban living; Healthcare