MITEF Arab Startup Competition Celebrates 10 Years of Arab Entrepreneurship in Bahrain

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MITEF Arab Startup Competition Celebrates 10 Years of Arab Entrepreneurship in Bahrain
MITEF Arab Startup Competition Program (PRNewsfoto/MIT Enterprise Forum Pan Arab)

10th Edition of the MIT Enterprise Forum Arab Startup Competition winners Award Ceremony in Bahrain on April 27, where winners will be announced “Broad way world” website reported.

The competition is held in partnership with Community Jameel, a social enterprise organization that operates a wide range of initiatives which promote and contribute towards positive societal change and economic sustainability; Zain Group, a leading telecommunications innovator in eight markets across the Middle East and Africa; and Tamkeen, an organization tasked with developing Bahrain’s private sector and positioning it as the key driver of economic development, the same source continued.

The 74 semi-finalists from 11 Arab countries will undergo another round of training present their work over a three-day period from April 25th till the 27th to a jury that brings together some of the Arab world’s key investors and businessmen.

“For our 10th anniversary, we want to gather the best entrepreneurs from the region, for them to learn from each other and from the global ecosystem. We insist on technology and innovation as the main drivers going forward for entrepreneurship in the region, and we think we are best positioned to lead this new trend.”, Hala Fadel, Chair of the board of MITEF Pan Arab.

“We are delighted to partner other esteemed organizations in the holding of this event in Bahrain, supporting the Kingdom’s 2030 Economic Vision, which is based on sustainability, fairness and competitiveness. Zain recognizes that technology, innovation and youth are key drivers for entrepreneurship across the region and our collaboration with MIT Enterprise Forum reflects Zain’s strategic vision of supporting young aspiring entrepreneurs to achieve their dreams.”, Zain Group CEO-Operations, Scott Gegenheimer said.

Chief Executive of Tamkeen, Dr. Ebrahim Mohammed Janahi emphasized the importance of this competition and said: “This year, Tamkeen chose to be a strategic partner for this prestigious competition. This is at the heart of our goals as a firm, to offer our support to all entrepreneurial initiatives in all vital sectors. We are proud to host this regional competition for the first time in the Kingdom of Bahrain stemming from our belief that such competitions inspire entrepreneurs to challenge themselves enabling them to develop and present their ideas in a competitive environment.”.

Source: broadwayworld.com

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