Misk Global Forum Unveils Challenge for Change to Empower Saudi Non-Profits Bill Gates Joins Misk Foundation in Launching New Initiative for Social Impact

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Building on the success of the Misk Foundation’s Youth Non-Profit Organization Building Program, which has already established 41 new non-profits and supported 14 existing ones since its inception in 2021, the Challenge for Change will provide up to $2.5 million in grant funding. The program seeks to incubate innovative Saudi-based initiatives focused on technological, environmental, and health solutions that can have both local and global impacts.

Bill Gates emphasized the potential of young Saudi entrepreneurs, stating, “Today, young Saudi entrepreneurs are working at the cutting edge of AI, cloud computing, climate technology and more. Digital startups are thriving, along with social entrepreneurs working to make the world a better, healthier place.” He expressed excitement about the innovative solutions that this generation will develop.

The program specifically invites proposals from researchers, innovators, entrepreneurs, and non-profit leaders who can contribute to community development with scalable solutions applicable across the Middle East and in low- and middle-income countries.

Dr. Badr Al-Bader, CEO of the Misk Foundation, highlighted the program's goal of fostering social impact through innovation. He stated, “The 'Challenge for Change' program is a result of our efforts at the Misk Foundation to support non-profit organizations with social impact. This initiative aims to promote innovation in Saudi Arabia and tackle both local and global challenges.”

The announcement was made during the eighth edition of the Misk Global Forum 2024, the largest youth forum in the Middle East, dedicated to empowering young leaders, innovators, and entrepreneurs. This year’s theme, “By Youth For Youth,” aims to create a collaborative environment that nurtures youth potential and encourages positive global change.