The MIT Enterprise Forum (MITEF) for the Pan Arab Region, in partnership with Community Jameel, a social enterprise organisation that operates a wide range of initiatives to promote a positive society and economic sustainability, and Zain Group, a leading mobile telecom innovator across the Middle East and Africa, announces the launch of the tenth edition of the MIT Enterprise Forum Arab Startup Competition.
Similar to the proceedings in previous years, this year’s competition includes three different tracks: Ideas, Startups, and Social Entrepreneurship, with total prize money on offer totaling USD $160,000. Each of the three tracks will award the first three ranked winners with cash prizes in addition to many other benefits including: top tier training, mentorship, coaching, media exposure, and great networking opportunities.
The competition’s website www.mitefarab.org opens for applications on October 17, 2016 with the deadline for receipt of applications being January 4, 2017. Informative roadshows promoting the competition are planned for Bahrain, Egypt, Kuwait, Jordan, Lebanon, Morocco, Qatar and the UAE, and 79 semi-finalist teams will be announced on February 10, 2017.
Hala Fadel, Chair of the board of MITEF Pan Arab, said, “This year, we are celebrating 10 years of entrepreneurial success in the region by bringing together our biggest edition to date. For this 10th edition, we are expecting more and more technology innovations from the MENA region and we aim to take the most innovative entrepreneurs from the region to new heights.”
Commenting on Zain Group’s support of the latest MITEF Arab Startup Competition, CEO Scott Gegenheimer said, “We are excited to support the competition again this year, and congratulate the MIT Enterprise Forum Arab for the milestone 10thyear of running this important regional event. For Zain, the reasons for continued involvement are simple – this competition supports young aspiring entrepreneurs to achieve their dreams and appeals to a number of our core constituents, aligning with our outlook and values perfectly. Again we look forward to seeing the face of innovation being revealed throughout the course of the competition and shall take the opportunity to capitalize on the most promising ideas, supporting our evolution in becoming a digital lifestyle operator.”
© 2014 Copyright Zain. All Rights Reserved.