Al Rajhi: Saudi Arabia sets revised unemployment target of 5% by 2030 "300,000 citizens employed in qualitative professions"    Saudi Arabia welcomes ceasefire in Lebanon    Imran Khan supporters call off protest after crackdown    Five survivors found day after Red Sea tourist boat sinking    Russia launched a record number of almost 200 drones toward Ukraine    Al Hilal advances to AFC Champions League knockout stage despite 1-1 draw with Al Sadd    Finance minister: All Vision 2030 projects have sustainable funding that won't affect public finances    Crown Prince announces medium-term debt strategy to diversify funding sources "A resilient economy capable of overcoming challenges reflects progress towards achieving Vision 2030 goals"    Riyadh Season draws 8 million visitors in 6 weeks    Alkhorayef highlights role of National Initiative for Global Supply Chains in boosting Saudi economy    Saudi Arabia signs investment deals worth SR35bn with foreign firms to strengthen global supply chains    Saudi Arabia unveils updates on Expo 2030 Riyadh master plan at 175th BIE General Assembly Riyadh Expo Development Company established to oversee strategic planning, operations, and legacy development    Saudi FM attends Quadripartite meeting on Sudan in Italy    Best-selling novelist Barbara Taylor Bradford dies    Cristiano Ronaldo's double powers Al Nassr to 3-1 win over Al Gharafa in AFC Champions League    Al Ahli edges Al Ain 2-1, bolsters perfect start in AFC Champions League Elite    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Do cigarettes belong in a museum?    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    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.



MIT Enterprise Forum Pan Arab names startup contest winners
Published in The Saudi Gazette on 27 - 04 - 2015

MIT (Massachusetts Institute of Technology) Enterprise Forum of the Pan Arab region, with the strategic partner Abdul Latif Jameel Community Initiatives (ALJCI) and the Zain Group, announced that teams from Egypt, Jordan, Lebanon, Morocco, Saudi Arabia and the United Arab Emirates made it to the winner's stage at the MIT Enterprise Forum Arab Startup Competition for best start-up innovative and creative business ideas in the Arab world among 75 contesting teams from 15 Arab countries. The competition final winner's ceremony culminating six months of planning and staging the competition was held at the Symphony Style Hotel, Kuwait.
The eighth edition of this year's competition received an outstanding 4,275 individual and team applications (representing a record participation of over 12,000 entrepreneurs) from 21 Arab countries. The three tracks that entrants applied for are: Ideas, Startups, and Social Entrepreneurship.
The high profile ceremony was attended by more than 500 audience who were immensely-impressed and inspired by the candid comments and visionary statements that all four identies expressed.
In announcing the winners, Dr Sarah Ghaleb, General Manager of Education Jameel, the Education and Training Initiatives at Abdul Latif Jameel Community Initiatives, said: “I extend huge congratulations to each and every one of the competition winners. The quality of the projects presented by all of the entrants was truly outstanding, and the winning teams and individuals represent a growing community of creative and visionary entrepreneurs in our region. The prize money, as well as receiving the benefit of training, mentoring and media exposure, is sure to secure a bright future for our impressive competition winners.”
The highlight of the night culminated with the announcement of the MIT Enterprise Forum Arab Startup Competition ceremony that saw the following entities make it to the winners stage who shared the prize money pool of $135,000:
Startups Track:
• Winner: Colorbug – a Lebanese team based in the UAE that created an ideal solution that fuses the traditional with the digital whereby kids are encouraged to color books and then enhance their experience with augmented reality technology, to enjoy learning in an interactive and entertaining way.
Ideas Track:
• Winner: Kotobna–Egyptian based team that gives young talented Arab authors an alternative method to publish and monetize their work (novels, comics, articles collections, blog collections and research papers
Social Entrepreneurship
Track: (3 equal winners)
• Visualizing Impact – a Lebanese entity that is a citizen data journalism laboratory that deploys data science, design and technology for social justice.
• La Perle de la Mer – A Moroccan based entity whose project aspires to ensure the healthiness and safety of the products through the establishment of purification plant that will allow marketing for products in different markets directly and will allow fishing permanently.
• Tahrir Academy – An Egyptian based entity offering a blended learning platform that provides engaging learning experiences to Egyptian youth, through combining world class and carefully localized teaching methods with the latest tools of technology
Apart from the winner's prize money, each of the Ideas, Startups, and Social Entrepreneurship tracks semi-finalists benefitted from top tier training, mentorship, coaching, media exposure, and great networking opportunities throughout the competition. — SG


Clic here to read the story from its source.