Get All Access for $5/mo

MIT Enterprise Forum Saudi Arabia To Stage Startup Investment Forum In King Abdullah Economic City In March Regional and international startups to pitch to leading Saudi investors.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock

Startup Investment Forum (SIF), a three-day exhibition of more than 60 regional and international startups looking to expand into the Saudi market, is taking place in March 5-7, 2020, at King Abdullah Economic City, Makkah, Saudi Arabia.

On its last day, March 7, the forum will host the StartSmart Conference that will feature the final round of the 4th MITEF Saudi Startup Competition with 27 Saudi startups competing in one of the competition's three tracks: Startups Track, Social Track and Ideas Track.

The competition offers SAR 325,000 cash prize, and the finalists will also have the opportunity to participate in StartSmart, one of the MIT Global Forum's programs. Furthermore, the nine winning teams of the MITEF Saudi Arabia Competition (three per each track) will be invited to participate in the MIT Enterprise Forum Arab Startup Competition in April in Abu Dhabi.

SIF is organized by the MIT Enterprise Forum Saudi Arabia, part of the MIT Enterprise Forum global network, in collaboration with Bab Rizq Jameel, an initiative of Community Jameel, and in partnership with King Abdullah Economic City and the Saudi General Investment Authority (SAGIA).

Held under the theme Invest in Saudi Arabia, SIF will feature workshops by executives from Prince Mohammad Bin Salman College (MBSC) of Business & Entrepreneurship, as well as elevator pitch sessions led by Saudi Venture Capital, a venture capital arm of the Government of Saudi Arabia established in 2018.

Related: Innovations Welcome: The New Edition Of MITEF Enterprise Forum Saudi Arabia Startup Competition Is Now Open For Applications

Entrepreneurs

AlDhabi AlMheiri Becomes the First Emirati to Receive the Diana Award

On this special occasion, Prince William, the Prince of Wales, extended his heartfelt congratulations to the recipients of the Diana Award, praising their remarkable contributions to creating positive change.

Leadership

How to Master the Art of Delegation — Lessons From Andrew Carnegie's Legacy

Here's what Andrew Carnegie can teach today's entrepreneurs about leadership, teamwork and effective delegation.

Side Hustle

At Age 15, He Used Facebook Marketplace to Start a Side Hustle — Then It Became Something Much Bigger: 'Raised Over $1.6 Million'

Dylan Zajac, now a 21-year-old senior at Babson College, wanted to bridge the digital divide.

Growth Strategies

Strong Foundations: Ahmed Alkhoshaibi, Group CEO, Arada

Building on seven years of Arada Group's exponential growth, its Group CEO Ahmed Alkhoshaibi details the UAE master developer's global agenda.

Thought Leaders

Meet 16 Teen Founders Who Are Building Big Businesses -- and Making Big Money

Today's youth is already hard at work, building everything from delivery apps to robotic kits to sustainable fashion brands.

Living

9 Success Habits of Wealthy People That Cost Nothing

Money isn't everything but lack of money is a lame excuse for a lot things.