Aspiring student entrepreneurs in MENA invited to compete for cash and in-kind prizes of up to $100,000

Aspiring student entrepreneurs in MENA invited to compete for cash and in-kind prizes of up to $100,000 

TiE Dubai and RAKBANK have partnered to launch 2022 TiE University MENA Program for aspiring university students.

The Dubai chapter of The Indus Entrepreneurs (TiE) has announced the launch of TiE University MENA Program in partnership with RAKBANK, to empower aspiring student entrepreneurs across the MENA region. Through the initiative that has grown to be more than just a competition, TiE Dubai aims to provide ambitious collegiate startups in the UAE and across the Arab world with mentoring and coaching, boot camps, and learning workshops to give them a boost in their entrepreneurial journey. The two partnering entities will be supporting all the participants to take their ideas forward post the pitch competition to bring their business projects to life.

What is the TiE-U MENA Program?

The TiE University program encourages students that have an idea, product, or service that they are looking to launch into a business and who meet the eligibility criteria to apply and be part of the 2022 Program to receive professional support, access to investors, and ultimately have an opportunity to present their business concepts and compete globally for prizes reaching up to $100,000 including cloud credits, technology, and start-up services.

The program is aimed at fostering the future generation of entrepreneurs helping to grow their entrepreneurial ventures and ideas into a viable and sustainable business. Successful student applicants will have the opportunity to pitch ideas to investors and scale up their projects to be a part of the regional dynamic business ecosystem.

Eligibility 

The TiE-University 2022 competition is open to all currently enrolled college students and recent graduates and postgraduates across the MENA region. Shortlisted applications from the UAE and MENA region will be shortlisted to participate in a pitch to represent the region in the Global Finals.

It is open to both idea stage entrepreneurs as well as early state start-ups where one of the founders is still in college or graduated within the preceding two academic years.

Process

The regional winners will be selected by a panel of independent jury members comprising of successful entrepreneurs, investors, and exceptional leaders. All entries received will be evaluated on various criteria relating to the economics of the business and the ability of the applicant to be successful. These include problem definition, solution and success viability including operation and executional approach and attractiveness of business solution. They will then be mentored by TiE Dubai in preparation for their participation in the Global Finale event.

The TiE University program encourages students that have an idea, product, or service that they are looking to launch into a business and who meet the eligibility criteria to apply and be part of the 2022 Program to receive professional support, access to investors, and ultimately have an opportunity to present their business concepts and compete globally for prizes reaching up to USD $100,000 including cloud credits, technology, and start-up services.

The program is aimed at fostering the future generation of entrepreneurs helping to grow their entrepreneurial ventures and ideas into a viable and sustainable business. Successful student applicants will have the opportunity to pitch ideas to investors and scale up their projects to be a part of the regional dynamic business ecosystem.

Previous editions

TiE Dubai has a strong support network to guide young entrepreneurs on their journey. In the last year’s edition out of 40 teams, 10 teams from across the MENA region were shortlisted to pitch their new business ideas at the Regional Finals. Team SmallWorld from New York University Abu Dhabi won the regional round and represented TiE Dubai chapter at the global competition in Silicon Valley, USA, where they finished in the Top 10 winning prize money worth $16,629, including the best Female Pitch.

Apply now

To be part of 2022 TiE University Program, eligible students or graduates can submit their entries latest by 13 February 2022 here

For more details on how to apply, visit https://dubai.tie.org/tie_universityprogram/

Universities who want to partner can register their interest here or send an email to tieuniversity@tiedubai.org.

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