Search SaudiArabiaPR.com

Home >> Entertainment

Registration open for the 4th MITEF Saudi Startup Competition

Registration open for the 4th MITEF Saudi Startup Competition

Wednesday, October 3, 2018/ Editor -  

Share

Home >> Entertainment
  • Competition organised in collaboration with Bab Rizq Jameel and MITEF Global
  • December 25, 2018 deadline for application submissions 
  • Funding of over SAR 325,000 awarded to winners at closing ceremony in the Eastern Region, Saudi Arabia, on March 2, 2019
Jeddah, Saudi Arabia, October 3, 2018:   The Massachusetts Institute of Technology (MIT) Enterprise Forum Saudi Arabia, a chapter of the MIT Enterprise Forum (MITEF) Global in collaboration with Bab Rizq Jameel, the Community Jameel initiative, has announced that registration is open for its fourth annual Saudi Startup Competition. This year’s edition will be held under the slogan “Challenge Yourself” and aims to nurture entrepreneurship and stimulate entrepreneurs in the Kingdom to contribute effectively to achieving the goals of Saudi Vision 2030.
 
Registration for the fourth edition of the competition opened on September 24, 2018, and will continue until December 25, 2018. Saudi and non-Saudi entrepreneurs from all age-groups and business sectors may apply through the competition website, in one of the three categories: Ideas Track, Startup Track and Social Enterprise Track. 
 
The Ideas Track aims to help creative and scalable ideas with the potential to offer effective business and social solutions. The Startup Track targets registered companies which have impact, have experienced teams and are scalable. The Social Enterprise Track, in collaboration with the King Khalid Foundation, recognises successful social enterprises. 
 
Speaking on the opening of registration, Fady Jameel, President of Community Jameel International, said: “We are eagerly awaiting the new edition of the MITEF Saudi Startup Competition and the upcoming group of Saudi entrepreneurs and talent. This event provides knowledge, networking and training for entrepreneurs. We invite all Saudis with creative ideas or enterprises to register in the competition to receive mentoring, meet high-profile speakers from the region and beyond, network with potential partners and win one of the cash prizes. 
 
“This competition will challenge the fears that entrepreneurs have when they begin to make their dreams come true by starting up or expanding their businesses”.  
 
Winners of the competition will receive funding worth SAR 325,000. In addition, the participants will engage in workshops and training and mentoring sessions presented by business and social enterprise leaders. The nine winning teams will be invited to a further training course and to participate in the 12th MITEF Arab Startup Competition, with a closing ceremony to be held in Beirut in April 2019.
 
The closing ceremony of the third MITEF Saudi Startup Competition, held in Riyadh and entitled ‘StartSmart Saudi Arabia 2018’, was attended by HE Majid Al Qasabi, Minister of Commerce, HRH Prince Al Bandari Al Faisal, General Director of the King Khalid Foundation, Antoinette Matthews, Executive Director, MIT Enterprise Forum, Georgina Flatter, Executive Director, MIT Legatum Centre for Development and Entrepreneurship, Sofana Dahlan, Founder and CEO at Tashkeil Global Company, Saleh Al Ghamdi, Digital and Analytics General Manager, Zain, Ali Alsayyar, Chief Executive Officer of Dulani, and representative of the Saudi business company. 

Previous in Entertainment

Next in Entertainment


Home >> Entertainment Section

Latest Press Release

Cerruti 1881 launches a splendid new collection for the festive season

Key Highlights From The 2019 AboutHer Global Forum In Washington D.C.

Juliette has a gun's New Vanilla Vibes Perfume, a hymn to Adventure and Freedom, ...

Ralph Lauren Unveils the Earth Polo, Made Completely From Recycled Materials

Enova Says Smart Facilities Management Enhances Saudi Arabia's SAR 86 Billion Le ...

Celebrate with the new AIGNER Ramadan collection

First Regional Policy Workshop On Enabling the Digital Environment

Uber launches “Women Preferred View” feature for women drivers in Saudi Arabia

HONOR Debuts in the Kingdom with a Shop-in-shop at Jarir Ahasa Showroom

Saudi Women On The Road To Vision 2030

Emirates to deploy its latest Boeing 777-300ER to Riyadh and Kuwait

Ring Showcases Innovative Home Security Products and Solutions at Intersec Saudi ...

The Saudi Streetwear Label You Need to Know Anonymous Celebrates Cultural Divers ...

Longchamp X Nendo A “!” Moment Around Le Pliage®

Airport Show remains key B2B platform for Saudi exhibitors

Saudi tourism sector worth over $70 billion in 2019

OMEN by HP levels up at Gamerscon KSA

Xerox Showcases Solutions that Meet KSA Market Demands

Saudi Insurance Market Sees Another Profit Decline In 2018

Commvault partners with Jeddah University to support on research and training