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.