The Rally Competition was established in 2016 by the Arab Academy’s Entrepreneurship Center (The Arab League educational organization) for the purpose of impacting youth, entrepreneurs, and startups, not only in Egypt the Arab league headquarters but also to the Arab youth and the entire world.
Competition Background
In 2019 UAC and UNIDO ITPO AICEI Bahrain took the initiative to enhance the ecosystem towards promoting domestic investment boosting Entrepreneurship and Innovation with the goal of leveraging foreign direct investment through various stakeholders namely national Chambers in the Arab Region.
In this context, a partnership was developed between UAC, UNIDO ITPO ACIEI Bahrain and the Arab Academy (The Arab League educational organization) to organize the Arab Entrepreneurship and Innovation Rally This is where a great impact started, thousands of applicants applied for the Arab Rally competition, several match making and business development opportunities, and hundreds of thousands of dollars were granted to many young entrepreneurs from several countries from the Arab region, and what’s most importantly great exposure and showcasing to their startups in the Rally Finale in Bahrain (November 2019 during the World Entrepreneurs investment Forum and 18th Arab Businessmen and Investors Conference.
The aim of the competition is to provide guidance, mentorship and investment opportunities to individuals and teams who are eager to follow their dreams and kick-off their business.
Arab Rally Competition Partners
The Arab Entrepreneurship Rally competition is jointly organised by the UNIDO Investment Technology and Promotions Office (ITPO) in Bahrain the Arab International Centre for Entrepreneurship and Investment the Arab Academy for Science, Technology and Maritime Transport the Union of Arab Chambers and the Bahrain Chamber of Commerce and Industry.
The Competition is being organized concurrently as part of the Arab Business Owners Investors Conference and the World Entrepreneurs Investment Forum 2019 that are to be held in Bahrain on November 11th to 13th, 2019.Competition scopeThe Competition will incentivize any Arab students in a university, especially students from the Arab Region to participate in submitting their innovative business ideas with the opportunity of having it reviewed and recognized by designated experts.
The Competition, through its sponsors and partners, will award students for their efforts and play an active role in inspiring and unleashing the spirit of innovation and entrepreneurship whilst facilitating the provision of support services to convert these ideas into action.
Competition Objectives
The Arab Entrepreneurship Rally aims to engage and promote entrepreneurship amongst Arab youth by exposing them to the entrepreneurial culture and ecosystem from an early age. With this in mind, the Arab Entrepreneurship Rally is a competition designed to encourage and assist all Arab students in a university to convert their innovative business ideas into start-up entrepreneurs.
The competition will provide the students with an opportunity to make a positive impact on society through technological innovation, whilst contributing to their own economic benefit.
Teams will be given the opportunity to submit their innovative business ideas and supporting video in any of the following areas:
- Agri-Tech
- 4th Generation Industrial Innovations
- Programming and Applications
- Renewable Energy Technology
- Smart-Tech
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