The Initiative for Global Prosperity is a gift from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, aimed towards manufacturing innovation that serves humanity and promote global prosperity. This global initiative extends the UAE's transformational vision of creating an innovative "maker" economy to people from all around the world. It is a unique opportunity to promote innovation, forge new partnerships and unlock value by forming a community dedicated to global good. The initiative combines a Global Prosperity Award with Global Maker Challenges to focus on solving real world problems through open innovation, and rewarding solutions that have the greatest impact on any one or more of the UN Sustainable Development Goals (SDGs). By creating an inclusive environment that brings together manufacturers, start-ups and entrepreneurs, governments and NGOs, the Mohammed bin Rashid Initiative on Global Prosperity will create an innovative ecosystem that encourages collaboration and partnerships, and empowers the broader society to play a larger role in building global prosperity. At the heart of this ecosystem will reside an online community of co-creators that integrates machine, digital and human capabilities to deliver solutions to some of the world's most pressing problems paving the way for new businesses, job creation and economic growth.