The Launch of MENA 100 Business Plan Competition
MENA 100 Business Plan Competition, is organized by the MENA-OECD Enterprise Financing Network, in cooperation with the Islamic Development Bank and the MENA Center for Investment. and in partnership of MENA 100 regional Partners including QRCE.
The MENA 100 Competition addresses innovative entrepreneurs, from the 18 Arab countries participating in the MENA OECD Investment Program (Algeria, Bahrain, Djibouti, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Palestine, Qatar, Saudi Arabia, Syria, Tunisia, the United Arab Emirates and Yemen)
The primary objective of the MENA 100 business plan competition is to encourage existing and inspire potential entrepreneurs and connect the 100 best of them in the Middle East and North Africa region with potential sources of finance to generate business transactions.
The MENA 100 Business Plan Competition will recognize top performers with cash and in-kind services awards. In-kind services represent professional services donated by sponsors of the competition as well MENA business angels (BA) – venture capital funds (VC) for all participants
The 100 finalists will have the opportunity to present their projects at an event in Manama the capital of Bahrain.
There will be one winner per country and a selection of regional winners:
-The best three regional projects.
-Winners will be invited to participate in the MENA-OECD Business Day
-Networking opportunities in the region and worldwide.
-Possibility to share your ideas, develop them and enter new markets.
The MENA 100 is a competition for nationals from the 18 participating Arab countries in the MENA-OECD Investment Programme . At least one member of the applying team must be a national of one of these countries. Candidates from other nationalities are not eligible to participate .The competition is for new, independent ventures in seed (at the business plan first stage), start-up, or early growth stage. For more info about eligibility criteria go here.
Applications will be accepted until 31st August and MENA 100 event will be held in November 2009, for more information and to access the on-line application form which is available in French and English you can visit the competition website: www.mena100.org.
(Via Mohammed Khawaja)
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