Get All Access for $5/mo

TiE Dubai Invites The MENA's Female Entrepreneurs To Participate In A Global Startup Competition MENA region's aspiring female entrepreneurs will now have an opportunity to collaborate and exhibit their business ideas at TiE's global initiative, TiE Women.

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

Shutterstock.com

TiE Dubai, the Dubai chapter of The Indus Entrepreneurs (TiE), has announced its official participation in the TiE Women initiative, which is aimed at empowering female entrepreneurs across the globe.

The TiE Women initiative will consist of a series of chapter-level startup support programs across the MENA region which will culminate in the Grand Finale, a live regional 2020 pitch competition, which will offer prize money of US$100,000, amongst other valuable contributions.

Early and late stage female entrepreneurs from across the MENA region can pitch their business ideas to their local TiE chapter from June 01, to August 01, 2020. Finalists from each of the local chapters will then be invited to attend the above-mentioned Grand Finale in Dubai, UAE. Furthermore, three of the shortlisted businesses will also be nominated to take part in an accelerator program in September 2020 through which each of them will receive personalized coaching and mentorship.

The goal of TiE Women is to "Embrace, Engage, Empower' female entrepreneurs across the globe, regardless of the size, origin and background of the enterprise. "According to research reports, just one in seven investments in the Arab World go into female founded businesses, we all recognize the challenges women face when accessing funding and financial support. By bringing together a global network of entrepreneurs, investors, mentors, and a prize money pool of $100,000, we will provide a unique launch pad for the winners," said Ziad Matar, President of TiE Dubai.

Ziad Matar, President of The Dubai chapter of TiE (The Indus Entrepreneurs)

The Global Entrepreneurship Monitor (GEM) Women Entrepreneurship Report of 2018/2019 shows that, despite a 40% gender gap, the MENA region has the highest rates (36.6%) of women's entrepreneurial intentions with an increasing trend of younger women founding companies in countries like UAE and Saudi Arabia.

Interested female entrepreneurs can submit their online applications by clicking here.

Related: WeWork and Virtuzone Team Up To Offer Creative Work Spaces And Company Licenses In Dubai

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.

Leadership

V3 Gourmet President And CEO Taha Bouqdib On His Journey Reviving The Now 114-Year-Old Bacha Coffee Brand

"I know that Bacha Coffee is a concept that can catch on very quickly; however, I am also equally obsessed with choosing prime retail locations for the brand, to ensure that from the start, Bacha Coffee is a destination, not just another coffee brand on the street."

Growth Strategies

Driving Positive Impact: How The B Corp Certification Can Transform Your MENA Business (And The Region)

We believe that MENA businesses should consider the B Corp standards as a guiding framework in their journey in the environmental, social, and governance (ESG) domain—a pathway to becoming better companies.

Finance

Unveiling The Secrets Of Silicon Valley: A Playbook For Cultivating Vibrant Venture Ecosystems Worldwide

Delve into the historical elements that have propelled Silicon Valley to the forefront of global innovation, and uncover invaluable insights for cultivating thriving venture ecosystems worldwide.

Business News

Klarna CEO Says AI Could Help Reduce Company Headcount By 50%

Earlier this year, Klarna claimed its AI assistant does work equivalent to 700 full-time, human customer service agents.

Business News

'Subject to Apple's All-Seeing Eye': An Apple Manager Is Accusing the Tech Giant of Spying on Employees, According to a New Lawsuit

The employee alleges that Apple can conduct physical, video, and electronic surveillance of employees, even when they're off the clock.