We are looking for Saudi-led innovative and validated business ideas that have the potential to be transformed into successful startups but lack the necessary funds to do it.
Ideas Track
Ideas Track
Prizes
1st place:
SAR 20,000
2nd place:
SAR 15,000
3rd place:
SAR 10,000
Beside cash prizes, the participants in the competition will receive the following benefits:
- Top tier training and mentorship by Saudi Arabia most talented and experience entrepreneurship experts and mentors.
- Expansive networking opportunities through our the bootcamps, competition, and conference.
- Media exposure and outreach with national and regional media outlets and social media channels.
- Equity free prizes from the StartSmart Competition and access to investors from our expansive network.
- Access to work spaces and additional support through our success partners across Saudi Arabia.
Eligibility criteria
- Each team should have at least two members.
- At least one member of the team should hold Saudi nationality.
- It is not a requirement for the startup to have an MVP, but if it is, it adds value.
- The teams should have practical evidence of the proof of concept and their prototype.
- The company should have a proven business model and a clear plan for achieving growth.
- The ideas can be in any industry, including industrial, service, commercial, technological, digital, or other.