MITEF opens registration for Saudi Startup Competition

Finalists will have the opportunity to participate in the Saudi StartSmart Forum, a program of the global network of MIT Enterprise Forum.
Updated 12 September 2019

MITEF opens registration for Saudi Startup Competition

The MIT Enterprise Forum (MITEF) Saudi Arabia, part of the 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, dedicated to the promotion of Saudi entrepreneurs.
Hassan Jameel, president, Saudi Arabia, Community Jameel, said: “The MITEF Saudi Startup Competition demonstrates the values at the heart of Community Jameel’s mission. We continue to drive excellence within Saudi Arabia’s entrepreneurial environment, in line with Vision 2030, by promoting technical projects, smart ideas and creating jobs for young Saudis.”
Registration for the competition is open on its official website, and will continue until Dec. 21. Applications will be evaluated by a specialized panel of judges from the entrepreneurial community, with the names of the 45 teams qualified to the semifinals of the MITEF Saudi Startup Competition announced on Jan. 16, 2020.
“We invite all aspiring Saudi entrepreneurs to put their projects forward for the competition, and use the platform to help drive their ideas into reality and scale from small businesses into global companies,” Jameel said.
The competition runs for more than six months, during which e-induction briefs will be organized at selected universities and educational institutes throughout Saudi Arabia starting from September to mid-December. Preparatory activities, orientation sessions and a boot camp under the supervision of specialists and experts in all commercial and social fields will be held throughout the competition for the teams qualified for the semifinals.
Finalists will have the opportunity to participate in the Saudi StartSmart Forum, a program of the global network of MIT Enterprise Forum, which will be held before the winners are announced on March 7, 2020 in Jeddah. Saudi StartSmart aims to encourage, motivate, and guide entrepreneurs in terms of ideas creation and commercial and social enterprises through workshops and seminars focused on technology and innovation. In addition to cash prizes totaling more than SR325,000 ($86,650), the nine winning teams will be invited to participate in the 13th edition of MITEF Arab Startup Competition.
Registrations are open to all Saudi and non-Saudi entrepreneurs from all age-groups and business sectors in one of the three tracks: Ideas Track, Startup Track and Social Enterprise Track.


LuLu says no to plastic with eco-friendly shopping bags

The newly launched reusable bags and plastic bags were introduced by chief guest Majed Abdul Aziz Alfarraj in a special function at LuLu Hypermarket, Atyaf Mall in Riyadh on Sept. 10.
Updated 15 September 2019

LuLu says no to plastic with eco-friendly shopping bags

LuLu Hypermarket, the region’s largest hypermarket chain, has introduced reusable bags and paper bags across its stores in the Kingdom. The initiative is part of the retailer’s environment-driven campaign to reduce plastic consumption and promote environmental protection in line with LuLu’s other social initiatives, coinciding with Saudi National Day celebrations on Sept. 23.
With LuLu’s reusable bags and paper bags, customers now have multiple options in terms of eco-friendly shopping bags.
The newly launched bags were introduced in a special function, by chief guest Majed Abdul Aziz Alfarraj, director general of the Ministry of Environment, Water and Agriculture, Riyadh, in the presence of Shehim Mohammed, director — Saudi Arabia, LuLu Hypermarkets, at LuLu Hypermarket, Atyaf Mall in Riyadh on Sept. 10.
“We are extremely honored to be the first hypermarket in the Kingdom to launch this kind of an initiative that promotes an eco-conscious lifestyle where one can enjoy shopping while caring for the environment. As part of our nationwide campaigns aiming to help the nature to thrive, we believe that these LuLu-branded reusable bags, along with the paper bags, will add a new dimension to retail shopping by sending a message to the public, urging them to be more responsible on saving resources,” said Mohammed, LuLu’s Saudi director.
Besides being well-known for its wide range of products, LuLu has always been a key promoter of social initiatives and environmental sustainability across the globe. Over the years, the retailer has initiated many projects toward these advocacies and says will continue to do the same in the future.
With 175 stores operating worldwide, LuLu is the fastest growing retail chain across 10 countries, which include the GCC, India, Egypt, Indonesia, and Malaysia. Founded in the early 1990s, it has successfully expanded to different parts of the world, garnering more than 1,600,000 shopping patrons everyday.
It is one of the favorite shopping destinations in Saudi Arabia, where it offers a broad selection of international products. LuLu is one of the Middle East’s top employers with its workforce numbering to 50,000.