GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
• Competition seeks submissions from startups offering solutions related to the Expo 2020 Dubai subthemes of Opportunity, Mobility and Sustainability
 
• Startups should submit entries by February 26th through the Dubai Startup Hub website
 
Dubai, UAE – Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has launched the fifth cycle of the Dubai Smartpreneur Competition, which is open to startups offering solutions related to the Expo 2020 Dubai subthemes of Opportunity, Mobility and Sustainability.
 
A launch ceremony, held today at Dubai Chamber's premises, was attended by Dubai Chamber officials, previous competition winners and contestants, members of the local startup community, and representatives from Expo 2020 Dubai and DP World.
 
Open to all entrepreneurs in the UAE and abroad, the competition gives the opportunity to become part of Dubai Government's strategy to elevate the city into a global platform for innovative startups. 
 
It also falls in line with the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform the emirate into one of the world's smartest cities. Startups must submit their entries through the Dubai Startup Hub website by the February 26th deadline.
 
Commenting on the Dubai Smartprenuer Competition, HE Hisham Al Shirawi, 2nd Vice Chairman of Dubai Chamber, noted that the annual competition been one of the most successful initiatives launched under Dubai Startup Hub to date which has supported Dubai Chamber's comprehensive entrepreneurship strategy of empowering entrepreneurs and providing them with the knowledge and tools they need to thrive and grow.
 
Over 1,600 smart business ideas were submitted over the last four cycles of the competition, he revealed, adding that a surge in the number of international submissions was also observed in recent years, reflecting Dubai's status as a magnet from promising startups. 
 
“Startups are a key source of innovation in Dubai as they bring cutting-edge solutions to the market. By aligning this year's competition with Expo 2020 Dubai, we are creating more opportunities and benefits for participating startups and positioning Dubai as innovation leader,” he added.
 
The launch ceremony featured an informative presentation outlining the criteria for submissions and the main benefits of participating, which include AED 150,000 in cash prizes for top 3 winners, a four-day bootcamp for the top 50 startups, and an opportunity for the top 10 startups to exhibit at Expo 2020 Dubai and meet with potential investors and business partners.                                 
 
Ferkah Lakhany, Co-founder of Arabee, a previous competition winner; and competition finalists Nadim Habr, Founder and CEO of DesignHubz; and Arif Aabed, Co-founder of Monocole, joined a panel discussion where they spoke about their experiences and the benefits they gained from participating.
 
In addition, Tala Al Ansari, Director of the Global Entrepreneur's Program – Expo 2020 Dubai; and Ibrahim Al Najjar, IT Director at DP World, shared their insights on the challenges and opportunities associated with emerging technologies.
 
Following the submission deadline, entries will be evaluated and shortlisted with the selected candidates then qualifying for the training phase of the competition. At the final stage, the remaining candidates will be trained and guided before the top 3 winners are announced at an awards ceremony in April 2020.
 
Dubai Chamber launched Dubai Startup Hub in 2016 as an online platform to connect startups, entrepreneurs, developers, venture capitalists and students, enabling them to learn about new opportunities and create new partnerships that stimulate economic growth.
 
-End-



Posted by : GoDubai Editorial Team
Viewed 3239 times
Posted on : Sunday, January 26, 2020  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : MoHAP Showcases bundle of future, innovative and artificial intelligence-base healthcare services an...
Next Story : Memories Events successfully held first of its kind and innovative graduation ceremony for Dubai Pol...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
AIGNER - Mother's Day
Why User Experience is Essential for Travel Business Growth?
Step Up Your Skincare Game with Rodial's New Pink Diamond Products
Men's Grooming Galore at Glambeaute.com!
American Eagle Launches It's Spring '20 Collection
Foreo Reveals Red Carpet Secrets for Fresh & Glowing Skin
ASICS Spring / Summer 2020 Collection
Hot SS20 New Launches From Rodial For Your Make-Up Kit
Tissot T-Wave Bicolour Glamour always!
Dubai Customs Launches Official Page on Linkedin
COLOR WOW Launches EXTRA Mist-ical Shine Spray
Minister of Climate Change and Environment Inaugurates the 3rd East Coast Marine...
Offering a Better Insight Than Stocks
Chronoswiss Shows Off Twin Limited Edition Flying Grand Regulators'
Kuwait Lands UAE Aquabikes Pro' Victory as Hammadi Secures Double Title Success
City Centre Deira is Sharing the Valentine's Spirit With a Love Garden and Valua...
Foreo Set to Break the Beauty Stratosphere According to Experts
Marks & Spencer's Unveils its All New Menswear
Mother's Day Gift Guide 2020
Arabian Automobiles Nissan Brings Back Best and Most Popular Trade-in Campaign ‘...
Kia Telluride Wins “Triple Crown” of Prestigious Automotive Awards
Max Mara Valentines Special
Race Day Edit
St Valentine's Day'
NYU Abu Dhabi Researchers Design Proteins That Can Be Utilized to Combat Alzheim...
Jaguar Land Rover on Tour Sheikh Hamdan's Falcons Dominate Hurr Category in Fakh...
Best Gifting Picks for Him & Her This Valentine's Day From Grand Optics!
Cisco Accelerates Applications in a Hybrid Multicloud World
California Walnuts Launches First-Ever Global Marketing Initiative Encouraging C...
Kingdom of Saudi Arabia Leads with World's First National Hyperloop Study, in Pa...
Kim Clijsters To Begin Her Comeback at Dubai Duty Free Tennis Championships
InterSystems Wins Two 2020 Best in KLAS Awards
Ortendahl Makes Team Abu Dhabi Debut in Kuwait as Al Mulla Launches Bid for Thi...
Union Coop to Sponsor the FAZZA Championships for People of Determination 2020
AS World Group Global Roadshow Promotes Expo 2020 Dubai at 33rd African Union Su...
HONOR Launches the Iconic Glass Designed HONOR 20 in the UAE
Cozmo Travel Celebrates 10th Anniversary With a New Brand Identity
Danube Group's Founder and Chairman Shares His ‘Rags to Riches' Inspirational Su...
The Tenth World Urban Forum Carries Out Five Assemblies
Japanese Driver Takuma Aoki Joins the Jaguar I-pace Etrophy Series With Team Yok...
V-Motif Western
Costa Coffee Introduces 4u Healthy Food Range Across All UAE Stores in Partnersh...
Dairy Has the Nutritional Credentials to Meet Snacking Boom Driven by a Health &...
Get Date Night Ready with Champion Cleaners this Valentine's Day
Dina Akesbi joins Clio Beauty on the Professional Beauty GCC Mainstage on 18th Feb!
5 Ways To Bring Spring's Top Trends Into Your Wardrobe
The Emirates Airline Festival of Literature Celebrates Young Winners of the 2020...
Gulfood 2020 to Build on 25-year Legacy as Trend Tracker & Business Facilitator
SPORTMAX 50th Anniversary Capsule Collection
City of Gold Rewarded 200 Jewellery Shoppers With 4 Million Worth of Dubai City ...