Monday , June 27 2022

Zain is the digital partner of the MIT Entrepreneurship Forum in the Arab World



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Zain is the digital partner of the MIT Entrepreneurship Forum in the Arab World

Launch of the 14th digital edition of the Arab Startup Competition

Zain is the digital partner of the MIT Entrepreneurship Forum in the Arab World

Arab entrepreneurs have the opportunity to register in the competition competitions until December 15th

– The last digital ceremony to distribute the prizes to the winning teams will take place in March 2021

MIT Arab Entrepreneurship Forum in the Arab World launched the 14th digital edition of the MIT Forum Arab Startup Competition by inviting Arab entrepreneurs from all sectors to submit applications to participate through the annual competition website, the oldest of its kind in the MENA region, specifically to support Arab innovations.

The competition is organized in partnership with “Community Jameel”, the global charitable organization that runs several ventures aimed at creating positive change in society and achieving economic sustainability, and in collaboration with the MIT Entrepreneurship Forum with “Zain Group” , the leading company in the fields of digital innovation in the Middle East and Africa, as a partner. My digital strategy, and for 14 years, the competition has awarded winning entrepreneurs more than $ 1.28 million in cash prizes and provided a platform for them to present and execute their ideas.

Registration opened on August 29, on the competition’s official website, to continue until December 15, 2020, and organizers will conduct a series of introductory and promotional tours that introduce entrepreneurs to the competition and help them with their applications , and interested parties can sign up for the next introductory series which will take place on the website. Post the fight when it is announced.

The MIT Forum Arab Startup Competition has become an annual event awaited by thousands of young entrepreneurs in the Arab world, which sees it as a platform that allows them to present, test and develop their creative ideas.

The competition awards cash prizes totaling $ 160,000, as the teams who qualified for the semi-finals participate in a series of preparatory activities that include coaching courses, mentoring sessions and workshops. In the final stages of the competition, the jury will select 9 finalists (3 teams). For each track).

Maya Rahal, Executive Director of the MIT Entrepreneurship Forum in the Arab World, said, “We are pleased to organize the 14th edition of the MIT Forum competition as an integrated digital program, specifically designed to attract innovators from around the world. This year we are inviting entrepreneurs who have built their companies to develop their associations to move forward and benefit from it. Training and opportunities available, as we are one of the organizations that support the entrepreneurial environment. “

He added, “We are convinced that the partnership with Community Jameel and Zain Group will help us raise awareness of the need for sustainable innovation and entrepreneurship in ESG environment, society and governance. The MIT Forum Arab Startup Competition has made a significant impact on local economies, we are finding out more in each one day, knowing that the Arab region has all the ingredients and capabilities for growth, and today is the time when we seize the opportunity to rise and face the next challenges. “

Malik Hammoud, CEO of Investment and Digital Services at Zain Group, said, “We have been supporting this competition since 2015 because we believe that today’s innovators are the owners of, and through, the ideas of change in the future. this partnership we seek to encourage opportunities that enhance the power of innovation and contribute to providing entrepreneurs who can Make a better place. “

Hammoud added, “Furthermore, supporting such events that attract digital ideas and innovations is in line with Zain Group’s hopes and aspirations of becoming a digital lifestyle operator in the Middle East and African markets.”

Fadi Muhammad Jamil, Head of Jameel International Community Enterprises, said, “We are continuing our efforts to support the entrepreneurship environment in the Arab world, and we are seeking to provide more assistance to entrepreneurs in the region to overcome the current circumstances with ‘ together. “

He explained, “We believe that the 14th edition of the MIT Forum Arab Startup Competition, held in exceptional circumstances forced by the global health crisis, will be similar to previous sessions that provided an important benefit to all participants, and we therefore invite all entrepreneurs in the Arab world to discover its capabilities through this. ” The platform to help them provide added value to Arab societies. “

It is worth noting that the 14th edition of the MIT Forum Arab Commencement Competition will conclude with a (virtual) conference and awards ceremony taking place in March 2021, where the winners will be announced at an official awards ceremony.

For more information on the registration process for this year’s MIT Forum Arab Start competition, as well as the eligibility and judging criteria, visit the following website:

https://www.mitarabcompetition.com/ar/site/index

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