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Entrepreneurship World Cup in Riyadh

Global event attracting top startups and investments to Riyadh

September 5, 2024
in Entrepreneurship
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Summary

The Entrepreneurship World Cup (EWC) is a premier global event in Riyadh, aimed at boosting local investment, attracting foreign investments, and highlighting promising opportunities.

Organized by the Saudi General Authority for Small and Medium Enterprises (Monsha’at), the EWC finals will see participation from the top 100 startups worldwide. The event is in collaboration with the Misk Foundation and the Global Entrepreneurship Network (GEN), offering prizes worth up to $1 million along with various other rewards to attract leading projects.

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The finals will take place during the “Biban 24” forum, held in Riyadh from November 5 to 9 at the Riyadh Front Exhibition & Conference Center, under the theme “Global Destination for Opportunities.”

Global Event for Entrepreneurs

The EWC is the largest gathering for entrepreneurs in Riyadh, designed to stimulate local and foreign investments and spotlight promising opportunities. It also aims to empower partners and supporting entities to achieve their goals.

Finalists from 151 Countries

Finalists were selected from over 16,000 applicants from 151 countries, having excelled in national competitions and a global training camp involving the top 250 companies and experts. The best 100 startups will compete in the “Biban 24” finals.

Established in 2019 by the Misk Foundation and GEN, the EWC has seen participation from over 420,000 entrepreneurs from 200 countries, with total prizes amounting to $4 million.

Positive Impact on Riyadh and Beyond

Sami bin Ibrahim Al-Husseini, Governor of Monsha’at, expressed delight at hosting the EWC again in Riyadh. He emphasized the central role of entrepreneurship in the economy and the goal to achieve a positive global impact by equipping future entrepreneurs with essential tools for a prosperous future.

The EWC provides a platform for global projects to compete for the title, spotlighting opportunities in Riyadh. It offers participants training, networking with entrepreneurs, and access to supportive platforms to enhance their skills and advance their market-ready ideas.

Tags: Biban 24EWC 2023Global EntrepreneurshipStartup Competition
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