The MENA 100 Business Plan Competition, which is organized by the MENA-OECD Enterprise Financing Network, in cooperation with the Islamic Development Bank and the MENA Center for Investment, has just been launched.
The primary objective of the MENA 100 business plan competition is to encourage existing and inspire potential entrepreneurs and connect the 100 best of them in the Middle East and North Africa region with potential sources of finance to generate business transactions.
The MENA 100 Competition addresses innovative entrepreneurs, from the 18 Arab countries participating in the MENA OECD Investment Program (Algeria, Bahrain, Djibouti, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Palestine, Qatar, Saudi Arabia, Syria, Tunisia, the United Arab Emirates and Yemen).
What entrepreneurs can expect from the competition:
- Connect with counterparts from around the region and worldwide to conceive new ideas, enter new markets and find new resources.
- Exposure for the winners through the awards ceremony and the media.
- Connection to a network of professionals providing technical support and offering financial and in-kind support to candidates.
Applications will be accepted until August 31st. It is possible to apply online in French and English through the website: www.mena100.org
The 100 finalists will have the opportunity to present their projects at an event in Manama (Bahrain).
There will be one winner per country and a selection of three regional winners.
The top performers will be awarded with cash and in-kind services, representing professional services donated by sponsors of the competition, as well as MENA business angels (BA) – venture capital funds (VC) for all participants.
Winners will also be invited to participate in the MENA-OECD Business Day.
[Via: Mohd Khawaja]