MITEF, part of MIT Enterprise Forum global network, in collaboration with Bab Rizq Jameel, an initiative of Community Jameel, has announced its fourth annual edition of the Saudi Startup Competition.

Within Riyadh Season, the MIT Enterprise Forum (MITEF) Saudi Arabia is preparing to launch a special event for entrepreneurs from November 27-30, 2019 at the Riyadh Front Mall and from December 8-20, 2019 at the Riyadh Boulevard,

The objective is to create an interactive platform to connect innovative entrepreneurs with top industry experts to coach and help them launch and develop their projects, and to foster the entrepreneurship culture in Saudi Arabia, in partnership with the nonprofit organization Tasamy in order to provide insights and mentorship for Social Enterprise Ventures.

MITEF aims to attract male and female entrepreneurs, university students and everyone interested in entrepreneurship in Saudi Arabia. It encourages them to interact, discuss and introduce programs and competitions that would enrich the entrepreneurship environment in Saudi Arabia. The event has three zones: the dream zone for young entrepreneurs who need mentoring and coaching to translate their ideas into real projects, the Start zone for sharing successful startups stories, and the Inspire zone which focuses on successful startups that aim to effect a substantial positive impact in the society.

Bayan Abdullah Algamdi, Head of Entrepreneurship Programs and MITEF Saudi commented:

“By holding this event, MITEF Saudi Arabia aims to support Saudi youth to develop their ideas into real projects that help drive economic progress, promote the entrepreneurship culture, and inspire innovation across all business sectors within Saudi Arabia in line with the 2030 Vision. We cordially invite and welcome all entrepreneurs and stakeholders to participate in this week-long event at the Riyadh Front Mall and the Riyadh Boulevard to share ideas and discuss potential projects and opportunities. So, don’t miss it!”

Registration is open to all Saudi and non-Saudi entrepreneurs from all age-groups and business sectors on the official website of the competition and will continue until December 21, 2019. The nine winning teams will be invited to participate in the 13th edition of MITEF Arab Startup Competition and awarded cash prizes totaling more than SAR 325,000.

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