Dubai has launched a new award to recognise organisations that can steer their business through the coronavirus outbreak. The new award category, ‘Innovative practices in handling the Covid-19 pandemic’, will be a part of the Hamdan bin Mohammed Award for Innovation in Project Management (HBMAIPM). The new award has two sub-categories - one for small and medium-sized enterprises and another for large government, semi-government and private organisations. The entries will be adjudged on their project and crisis management strategies during the pandemic. “The aim is to encourage both SMEs and large entities to share knowledge and expertise in the field of crisis management,” said Mattar Al Tayer, director general of Dubai's Road and Transport Authority. Al Tayer, who is also the chairman of the Board of Trustees of the award, invited entries that develop smart and sustainable solutions for exploring and assessing risks and crises. He said the award would encourage innovative approaches to crisis management. The HBMAIPM was launched in 2015 under the patronage of Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai. The total prize money for this category is $80,000 (Dh294,000). Those interested can submit their business solutions online via www.hbmaipm.com/register from June 1 until August 31. The winners will be announced in November this year.