MITEF KSA to mentor entrepreneurs in Riyadh

A workshop held by MITEF encourages male and female entrepreneurs to interact, discuss and participate in programs and competitions that would enrich the entrepreneurship environment in Saudi Arabia.
Updated 25 November 2019

MITEF KSA to mentor entrepreneurs in Riyadh

Within Riyadh Season, the MIT Enterprise Forum (MITEF) Saudi Arabia is preparing to launch a special event for entrepreneurs from Nov. 27 to 30 at the Riyadh Front Mall, and from Dec. 8 to 20 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, which will provide insights and mentorship for social enterprise ventures. 

MITEF aims to attract male and female entrepreneurs, university students and anyone interested in entrepreneurship in the Kingdom. It encourages them to interact, discuss and participate in 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 startup stories; and the Inspire zone focusing on successful startups that aim to effect a substantial positive impact in society.

“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 Vision 2030. 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,” said Bayan Abdullah Algamdi, head of entrepreneurship programs at MITEF Saudi.

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. Registration is open for all Saudi and non-Saudi entrepreneurs from all age-groups and business sectors on the official website of the competition and will continue until Dec. 21. 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 SR325,000 ($86,660).

MIT Enterprise Forum (MITEF) Saudi Arabia is part of a global network of chapters dedicated to the promotion of entrepreneurship and innovation worldwide. MITEF aims to inform, connect, and coach Saudi entrepreneurs — enabling them to transform ideas into world-changing companies.

Founded in 2015, MITEF aims to celebrate and support all potential startups and entrepreneurs in the Kingdom through the startups competition.


LuLu to fly 12 students from Kingdom to NASA

Updated 23 January 2020

LuLu to fly 12 students from Kingdom to NASA

LuLu, the largest hypermarket chain in the Middle East, awarded a total of 12 young students of different nationalities from Saudi Arabia, India, Philippines, and Egypt, a chance to visit the NASA center in the US.
LuLu’s back-to-school promotion called “Fly to NASA” was held in partnership with Almarai. The hypermarket hosted a competition last September in search of students who are science and space knowledge enthusiasts to experience and visit the NASA center in Huntsville, Alabama.
Shehim Mohammed, LuLu Hypermarket director of Saudi Arabia, said: “We are glad to finally announce the winners of this innovative campaign, which is a first and the most unique among our activations over the years of operating in the region. Thank you to our partner Almarai for joining hands with us in this exciting promotion. This is the first time that LuLu will lead a great opportunity to children who have the high potential to grow and learn more while having fun through science.”
Winners include: Abrez Hussain, Mohammed Ahmed, Rayyan Abdul Aziz, Naif Saad Altwaim, Osama Al-Harbi, Hugh Matthew, Khalid Abdul Aziz, Munther Mohammed Qasim Abujazar, Ahmad Gahwagy, Ahmed Khalaf, Hamza Ladha and Asif Rijo.
“Fly to NASA” winners will get to enjoy and experience a one-week trip, which will include five days of fun and learning at NASA’s Space Camp. The selection process involved two phases — first was the preliminary online registration, while the final stage featured a live quiz to obtain the top 12 winners. Students aged 9 to 18 years were encouraged to register and join the online activation.
With 185 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.
LuLu is one of the favorite shopping destinations in Saudi Arabia, where it offers a broad selection of international products. It is one of the Middle East’s top employers with its workforce numbering to 50,000.