Zain Iraq to host roadshow for 10th edition of MIT Enterprise Forum Arab Startup Competition on 9 December

Zain Iraq to host roadshow for 10th edition of MIT Enterprise Forum Arab Startup Competition on 9 December


 

  • Fostering innovation, entrepreneurship and mentoring across the region.
  • Applications deadline is 4 January 2017; Finals to be held on April 27, 2017, in Bahrain, with prize money totaling US$160,000 on offer.

Having opened the tenth edition of the MIT Enterprise Forum Arab Startup Competition for applications via the competition’s website www.mitarabcompetition.com, on October 16, 2016, Zain Iraq is supporting the MIT Enterprise Forum for the Pan Arab Region (MITEF PAR) roadshow in Iraq. The highly interactive event is aimed at promoting the competition and encouraging entrepreneurs to submit applications and will be held on Friday, 9 December at the Zain Iraq Head Office in Al Mansour, open to the public.

The MIT Enterprise Forum Arab Startup Competition is organized in partnership with Community Jameel, a social enterprise organization that operates a wide range of initiatives to promote a positive society and economic sustainability and Zain Group, a leading mobile telecom innovator across the Middle East and Africa.

Between November and December 2016, the organizers plan to undertake roadshows in Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Palestine, Qatar, Sudan, Tunisia, UAE and Yemen with various Zain operations supporting these efforts. During the roadshows, aspiring applicants enjoy presentations about the competition and shared success stories from former competition participants, followed by a Q&A session.

The roadshow in Iraq was a presentation made by Nawras Arif one of the former participants of MIT competition with full house audience of students and aspiring entrepreneurs.

Delighted by the holding of a roadshow in Kuwait, Zain Iraq COO, Dr. Haidar Radi said, “Our support of the roadshows and the competition is fundamental because Zain understands the importance of youth development, entrepreneurship, and innovation in shaping the economy. We nurture talent in our organization and have identified this as one of our leading success factors, hence we stand shoulder-to-shoulder with our partners looking to inspire talented people in other areas. We echo the call for applicants to attend roadshows and apply to participate in this year’s Competition.”

Hala Fadel, Chair of the board of MITEF Pan Arab said, “The MIT Enterprise Forum Startup Competition roadshows are an exciting component of the competition as they allow our team to meet face-to-face with hundreds of talented youth across the region, as well as to re-connect with the entrepreneurs behind our success stories who join the roadshows to share their overall competition experience. The roadshows aim to inform and inspire this talent and to encourage them to apply to the competition and benefit from the cash prizes, top-notch training, mentorship, networking, and media exposure the competition offers.”

The competition final will be held in Bahrain on April 27, 2017, with prize money exceeding US$160,000 to be awarded to winners of the three different tracks: Ideas, Startups, and Social Entrepreneurship. Each of the three tracks will award the first three ranked winners with cash prizes in addition to many other benefits including top-tier training, mentorship, coaching, media exposure, and great networking opportunities.

Last year's competition received an outstanding 5,967 individual and team applications from 21 Arab countries and representing a record participation of over 16,500 entrepreneurs.

For more information on this year’s MIT Enterprise Forum Arab Startup Competition eligibility and judging criteria, as well as the planned roadshows, please visit www.mitarabcompetition.com. Interested parties can attend the roadshow by registering on this link: www.eventbrite.com/e/iraq-roadshow-mit-ef-arab-startup-competition-tickets-29572306565