MIT Enterprise Forum (MITEF), in partnership with Bab Rizq Jameel (BRJ), the Community Jameel initiative, has announced a new collaboration with Zain, a Saudi mobile and data service operator, ahead of the second annual MITEF Saudi Arabia Startup competition.
Zain’s support for the Saudi Arabia Startup competition is part of the company’s objective to promote young Saudi businessmen and women.
Zain says it recognizes that the work by MITEF Saudi and BRJ is a vital contributor to creating and encouraging innovative business and social concepts — the primary focus of the MITEF Saudi chapter and the MITEF Saudi Arabia Startup competition as a whole.
Hassan Kabbani, CEO of Zain Saudi Arabia, said: “We are very proud of Zain’s participation in this event, organized and implemented by MITEF and BRJ.
Fadi Jameel, president of international Community Jameel initiatives, commented: “Through our work alongside MITEF, we can bridge the gap between the supporting sectors and Saudi entrepreneurs.”
Key partners for the MITEF Saudi Arabia Startup Competition include the General Authority for Small and Medium Enterprises (government), MITEF Pan Arab (regional), MIT Tech magazine (media), Wadi Makkah (innovation), King Khaled Foundation (social entrepreneurship), Sedco Holding (financial awareness), Badir Program for Technology Incubators (technology incubator), Aramco Centre for Entrepreneurship (promising), and Saudi Investment Bank (investment). Other supporting partners include Microsoft, Oracle, KAUST, Olow, Qotuf Alriyadah, and Al Mosaedon Company.
MITEF Saudi Arabia is part of a global network dedicated to promoting entrepreneurship and innovation and offers opportunities and vital training for entrepreneurs in technological enterprises.
The Saudi branch of MITEF was established in 2015, with a view to promoting and enriching entrepreneurship in the Kingdom of Saudi Arabia.
The second edition of the MITEF Saudi Startup competition is under way and submissions will be accepted until Jan, 4. Winners will be named on March 11.
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