IDB to organize innovation challenge workshop in collaboration with KAUST

Jeddah (IINA) � The Islamic Development Bank (IDB) Group is organizing a two-day STEAM Innovation Challenge workshop in collaboration with King Abdullah University of Science and Technology (KAUST).

STEAM (Science, Technology, Engineering, Arts, and Math) Innovation Challenge, is a workshop intended for university students in Saudi Arabia, which will be organized at IDB headquarters in Jeddah on March 17-18.

STEAM Innovation Challenge is designed to support students creating solutions to solve local, regional and global problems. Having students engaged in mixed interdisciplinary teams is a great opportunity for creating new innovative concepts that could bring about significant changes in the nature of work in similar organizations.

The proposed challenges cover areas of food security and water as well as health and education. It is a 48-hour challenge that brings together teams of students selected from a number of Saudi universities. Each team will have one of the three areas of challenges randomly chosen for them to work on.

The student teams will compete against each other for the grand prize after they are given some guidance and a visual presentation template to use during the competition part of the program.

The IDB will offer the first, second and third to the winning teams - all are cash prizes - to be shared equally amongst the team members. The winning three teams will also be given the chance to present their solutions at the IDB Annual Meeting, to be held in Jeddah in May 2017.

There is also an opportunity for members of the winning teams to receive an internship with IDB during the summer of 2017, in order to continue to work on their ideas with mentoring support from the Bank.

The STEAM Innovation Challenge concept was Beta tested first in April 2016 with the first STEAM sponsor IDB and involved KAUST students working in mixed, interdisciplinary teams alongside students from collaborating Saudi universities.

The original STEAM Innovation Challenge was a key part of the KAUST Spring Enrichment Program (SEP). Since then, another STEAM was delivered in partnership with Dow Chemical Company with the participation of 151 students from seven Saudi universities, 20 mentors and a pool of guests during January 2017.

Source: International Islamic News Agency