New Laws of Commercial Registration and Trade Names take effect on Thursday    Civil Defense warns of heavy rains across Saudi Arabia until Monday    Saudi Exchange suspends trading of seven companies over financial disclosure delays    New fleet of 76 public transport buses starts operation in Jeddah on Tuesday Environmentally friendly electric buses introduced for first time    Foreign investors are allowed to engage in real estate business outside Makkah and Madinah Commercial speculation should not be the purpose of real estate transaction    EU preparing 'further countermeasures' to protect its interest, von der Leyen says    Tesla sales plunge after backlash against Elon Musk    Musk's X is suing India, as Tesla and Starlink plan entry    Israel announces expansion of military operation in Gaza to seize 'large areas' of land    US cancels visa of Nobel Peace Prize winner Oscar Arias    Danish prime minister refutes US claim on Greenland on visit to the Arctic territory    Aubameyang fires Al Qadsiah into King's Cup final with stoppage-time winner over Al Raed    Cristiano Ronaldo joins Fatal Fury: City of the Wolves    Saudi Arabia welcomes trilateral border treaty between Tajikistan, Kyrgyzstan, and Uzbekistan    Swedish table tennis legend Jörgen Persson appointed head coach of Saudi national team    Danilo Pereira fires Al Ittihad into King's Cup final with dramatic stoppage-time double    Screen time in bed linked to insomnia, study finds    Mexico bans junk food in schools to fight childhood obesity epidemic    Sweet sales surge ahead of Eid as Saudi chocolate imports top 123 million kg in 2024    Saudi creatives shine at Jeddah's Fawanees Nights with art, fashion, and storytelling    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



GESALO enjoins startups in Saudi Arabia & Bahrain to apply in its competition
Published in The Saudi Gazette on 20 - 07 - 2019

Following the success of the first two German-Saudi Startup Competitions last year in Riyadh and Manama (Bahrain), the German-Saudi Arabian Liaison Office for Economic Affairs (GESALO) again called upon startups in Saudi Arabia and Bahrain to apply. This time the competition was aiming to find the best high-tech startups in the fields of IoT (Internet of Things) and Healthcare.
The pitch event took place at the BMW Showroom in Jeddah last July 9 with the participation of around 200 interested guests, leading local entrepreneurs, investors as well as high-ranking speakers from the respective sectors.
GESALO organized the event in cooperation with the German Embassy in Riyadh, the Consulate General of the Federal Republic of Germany in Jeddah, the Ministry of Communications & Information Technology as well as the Chambers of Commerce in Riyadh, Jeddah, and Dammam. It would be impossible to organize an event of this magnitude without the strong support from renowned companies such as Alexander & Partner, Mohamed Yousuf Naghi Motors, DETASAD, Konrad-Adenauer-Stiftung, Lufthansa, SAP, and Siemens Healthineers.
Speakers like Michell Atallah (CEO, Siemens Healthineers), Stratis Pelekidis (SAP DGTAL X) and Fabian Blumberg (Konrad-Adenauer-Stiftung) underlined the importance and accountability of companies and institutions to support startups and innovative idea especially in line with the Vision 2030. Holger Ziegeler, German Consul General, ended up his speech with the words: "Most of the big companies were once a startup!"
The jury and the audience followed the innovative pitches and ideas of ten Saudi and Bahraini startups with great interest. Followed by their three-minute presentation, the startups had to withstand critical questions and convince the jury of their project.
In the end, it was a very tight competition in the field of IoT that Mustafa Mousa finally won for his team at SADEEM International Company. In the healthcare sector, Ms. Zahra Amohanna was able to convince the jury of her concept as CEO and Founder of YouPositive.
The two winners of the Star!up Germany Pitch Event were awarded with flights (Lufthansa) and fully sponsored participation in this year's Start.Up! Germany Tour in Munich later this year. Last year, 46 start-ups from 16 countries such as Brazil, France, Kenya, Russia, and South Korea took part in a roadshow through Germany's innovation hubs. The startups can expect a series of meetings and match-makings with German and international investors, public institutions and companies and a visit to one of the biggest Founders Event, Bits & Pretzels.
The Delegate of German Industry & Commerce, Oliver Oehms, concluded that the third German-Saudi Startup Competition exceeded its predecessor events, in terms of scope and also excellence of the awardees. "We are proud being able to take these young entrepreneurs to Munich, I am sure they will attract a lot of attention on such a global platform," Oliver added. — SG


Clic here to read the story from its source.