Saudi Arabia’s Small and Medium Enterprises Authority, known as “Monsha’at”, is gearing up to host the 2024 Entrepreneurship World Cup (EWC) finals, featuring the top 100 startups globally. This event, in partnership with the Prince Mohammed bin Salman Foundation “Misk” and the Global Entrepreneurship Network (GEN), offers financial prizes totaling up to $1 million, along with various in-kind rewards, aiming to attract leading projects.
The EWC finals will take place during the “Biban 24” forum, organized by Monsha’at in Riyadh under the theme “Global Destination for Opportunities”. The event will run from November 5 to 9 at the Riyadh Front Exhibition and Conference Center, where the competing companies will showcase their innovations.
The Entrepreneurship World Cup is a major global event in the field of entrepreneurship in the Kingdom, designed to stimulate local investment, attract foreign investments, and highlight promising opportunities. Since its inception in 2019 by the Prince Mohammed bin Salman Foundation “Misk” and GEN, the competition has seen over 420,000 entrepreneurs from 200 countries participating, with $4 million in financial awards distributed.
Sami bin Ibrahim Al-Husseini, Governor of Monsha’at, stated, “We are pleased to host the Entrepreneurship World Cup once again in Riyadh. We view entrepreneurship as a cornerstone of our economy and strive to make a positive impact both nationally and globally by equipping future entrepreneurs with the necessary tools to build a more prosperous tomorrow.”
The EWC offers projects worldwide the chance to compete for the title, spotlighting promising opportunities in the Kingdom. The competition also provides valuable training, networking with entrepreneurs, and access to supportive platforms, enhancing the skills and capabilities of entrepreneurs and enabling them to bring effective market ideas to fruition.
