Arab Entrepreneurship Rally begins

The Arab Entrepreneurship Rally has kicked off in the Kingdom as part of the upcoming Arab Businessmen and Investors Conference and the World Entrepreneurs Investment Forum 2019 to be held here on November 11th to 13th, 2019. First-place winners will receive a cash prize of US$50,000, second place winners US$25,000 and third place winners US$10,000. Arab university students are welcome to submit their business ideas in Agri-Tech, 4th Generation Industrial Innovations, Programming and Applications, Renewable Energy Technology, and SmartTech.

Participants will have the opportunity of having their ideas reviewed and recognised by designated experts. The competition is open to teams having up to 4 members (both genders is an asset) and a start-up idea that is not more than one year in operation (MVP) along with a prototype (an advantage). The team leader must be between the age of 18 – 30 years. Female participants/teams are strongly encouraged to apply.

During the past 2 years, the Rally had a total of 5,300 participants, all within a range of 18 to 35 years. Over 370 students’ ideas were accepted and were included in more than 90 educational events and training. The Rally is jointly organised by the UNIDO Investment Technology and Promotions Office (UNIDO ITPO) in Bahrain, the Arab International Centre for Entrepreneurship and Investment (AICEI), the Arab Academy for Science, Technology and Maritime Transport, the Union of Arab Chambers, the Bahrain Chamber of Commerce and Industry and the Association of Arab Universities and the Arab Youth for Sustainable Development. The Bahrain Chamber of Commerce and Industry is sponsoring the competition.