Mena 100 business plan competition

Any information made publicly available will only be shared in an aggregate and not individual form. Prior to the final, the finalists attend a special coaching session aimed at strengthening their presentation skills, their elevator pitches and their investment readiness.

Manufacturing of scanning systems and non-invasive blood glucose monitoring solutions led by a team of three young engineers graduated from the Biomedical Engineering Department of the Faculty of Engineering at Cairo University.

MENA 100 Business Plan Competition

In Phase 2 the selected teams are required to prepare full business plans with detailed information on their projects. However, those teams proving the innovativeness of their proposals in one or more of the previous points will be judged as better fit to the achievement of the overall objectives of the competition.

Women entrepreneurs are especially encouraged to apply; however, gender is not an eligibility criteria and gender composition is not considered for the participation and judgement of projects. The mena 100 business plan competition of mentors and jurors for the edition of MENA will be published in this website.

For the edition of MENAprojects that have been registered or that have booked revenue before November are not eligible to participate. This comprises projects in seed, start-up or early growth.

The scores obtained by the finalists in their written business plans and in their oral presentations are the base for announcing the three final winners, who are awarded cash prizes. MENA also encourages entrepreneurial spirit by putting regional talent into the spotlight and by exposing outstanding business initiatives.

Rules and Eligibility Criteria: The maximum grade is points, divided in the following way: All other teams having participated in previous editions of the MENA Business Plan Competition and not having passed to the third phase are welcome to apply and will compete under the same basis as new teams.

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Only nationals from those countries can be named chief executive officer or equivalent in the project. It also provides a platform for connecting promising MENA entrepreneurs with sources of financing.

Second prize USD 10 The composition of a team cannot change after phase 2. Product innovation is the introduction of a good or service that is new or significantly improved with respect to its characteristics or intended uses. Entrepreneurs participating in round 2 and 3 receive support and feedback from volunteer mentors and judges, which can prove very valuable in getting their business idea to the market.

This is to avoid the selection of low quality projects from economies submitting very few applications while leaving aside higher quality projects from economies with higher submission rates. After registering, you will receive an email with your access credentials user name and password.

During the MENA Day the finalists give an oral, 10 minute presentation in front of a panel of jurors. The operations of a project can involve other countries not mentioned above; however, preference will be given to projects for which the main or initial target market is one or more of those economies.

The Launch of MENA 100 Business Plan Competition

We welcome applications for projects to be implemented in the following countries: Fostering entrepreneurship and promoting the development of small and medium-sized enterprises are widely recognised as important drivers of economic and social progress. Also note that, from the previous points, an innovative project is not necessarily related to the use or development of advanced technology.Jun 27,  · MENA Business Plan Competition, is organized by the MENA-OECD Enterprise Financing Network, in cooperation with the Islamic Development Bank and the MENA Center for Investment.

and in partnership of MENA regional Partners including QRCE. The MENA Competition addresses innovative entrepreneurs, from the 18 Arab countries participating in the.

The MENA Business Plan Competition invites entrepreneurs in the Middle East and North Africa to submit their business plans for a chance to win up to US$40, in prizes!

SEBC Launches MENA Business Plan Competition. MENA-OECD Enterprise Financing Network has launched MENA Business Plan Competition in cooperation with the Islamic Development Bank and with partnership of /18/ regional Partners including Syrian Enterprise Business Center SEBC/SME, MENA-OECD representative in Syria.

Identifying and Spurring High-Growth Entrepreneurship: Experimental Evidence from a Business Plan Competition* David McKenzie, World Bank Abstract Examples.

The MENA Business Plan Competition is an initiative to support and inspire innovative entrepreneurship in the MENA region. It supports entrepreneurship by rewarding innovative and feasible business ideas and by connecting the entrepreneurs behind them with sources of finance and business contacts in MENA and OECD economies.

It also encourages entrepreneurial spirit by putting regional. The MENA-OECD Enterprise Financing Network, in co-operation with the Islamic Development Bank and the MENA Centre for Investment, is launching the MENA Business Plan Competition among innovative entrepreneurs from the 18 Arab countries participating in the MENA OECD .

Mena 100 business plan competition
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