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Entrepreneurship World Cup 2024 in Riyadh

Saudi Arabia hosts global startups to foster innovation and investment

September 5, 2024
in Entrepreneurship
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The Entrepreneurship World Cup (EWC) is a significant event designed to foster entrepreneurship and innovation. It brings together emerging entrepreneurs from around the globe to compete, share experiences, and learn from one another.

This global competition, launched in 2019, has rapidly become one of the largest startup showcase contests, featuring participants from over 200 countries. The EWC encourages entrepreneurial spirit and innovation, with startups competing in various sectors such as technology, health, environment, energy, education, and agriculture.

Saudi Arabia will host the EWC finals in 2024 in Riyadh, aiming to strengthen its position as a regional entrepreneurship hub. By providing an encouraging environment and numerous opportunities, Saudi Arabia seeks to attract investors and startups, further supporting the development of entrepreneurial ventures.

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Aligning with Vision 2030, Saudi Arabia aims to elevate its non-profit sector to a global standard, fostering innovation and investment in emerging projects. The country is dedicated to creating a supportive entrepreneurial ecosystem, offering substantial infrastructure and logistical support for the event.

The 2024 EWC in Saudi Arabia will see the participation of the top 100 startups, selected from over 16,000 contestants, competing for prizes worth up to $1 million. The event will take place from November 5-9 at the Riyadh Front Exhibition & Conference Center. Saudi Arabia has allocated significant resources to ensure the event’s success, including developing sports and hospitality facilities, improving infrastructure, and providing essential services such as accommodation, food, and transportation.

Participants and the audience are eagerly anticipating the competition, expecting a rich exchange of knowledge and experiences. The event will likely attract significant media attention, highlighting the latest innovations and business ideas.

The EWC presents a fantastic opportunity for entrepreneurs and startups to showcase their projects and innovations on a global stage. Saudi Arabia’s role in organizing the event underscores its commitment to advancing its entrepreneurial sector. The event is expected to have a positive impact on both the Saudi and global economies, fostering innovation and international collaboration.

Tags: EWC 2024InnovationSaudi ArabiaStartupsVision 2030
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