One-million-dollar global Omnipreneurship Awards Challenge to drive innovation in sustainable food production
- Reduce reliance on imported feed, in line with the Kingdom’s self-sufficiency and food-security goals under the Vision 2030 agenda, and the Ministry of Environment, Water and Agriculture’s patronage.
- Encourage innovative and environmentally friendly technological solutions that enable local production and the use of renewable and sustainable sources of feed, in alignment with the ideal locations in the Kingdom to maintain natural resources.
- The grand prize is USD 1 millionwhilst the award for each of the five shortlisted candidates is set at USD 20,000.
RIYADH, Saudi Arabia, Oct. 17, 2022 /PRNewswire/ — Tanmiah Food Company (“Tanmiah” or the “Company”, 2281 on the Saudi Exchange), a market-leading provider of fresh and processed poultry and other meat products, animal feed and health products, and a foods brand franchise operator, announced the launch of another edition of the Omnipreneurship Awards Sustainability Challenge this week.
The challenge seeks innovative technological solutions that enable the transition from imported corn and soy-based feed towards sustainable, nature-positive, and locally produced feed raw materials. This contributes to local production by obtaining renewable and sustainable feed sources- Tanmiah consumes over 300,000 metric tons of feed currently and 100% of this is imported.
To mitigate the current dependency