GEMS Innovation Awards 2019's Global Innovation Challenge recognizes students who have submitted the most innovative projects to address and solve problem areas that include disaster resilience, environment, energy, food, health, learning, security, governance, space, shelter and water.
A total of 35 teams were provided with mentorship from industry professionals, seed funding and entrepreneurship workshops.
Now, 100 students were awarded for their innovative, high impact solution projects, where three of the winning teams, comprising 12 students from various GEMS schools, are now gearing up to present their projects at the Singularity University Global Summit in California, USA, to be held in August.
The Global Innovation Challenge winners were split into junior and senior categories. Three winning teams in the senior category will present their projects at the Singularity University Global Summit.
According to Dino Varkey, CEO of GEMS Education, the GEMS Innovation Awards aims to recognize a culture of innovation among the students. "We want to encourage and enable them to build on compelling ideas that can transform our world by addressing and finding solutions to some of humanity's most pressing challenges." Read the Entire Article
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.