QDB is the nationwide organiser of the competitors in Qatar and is chargeable for managing the nationwide finals for startups to advance during to the EWC world finals. On an area degree, the highest three winners from the Qatar competitors will obtain prize cash of $100,000.
The worldwide competitors options entrepreneurs from over 200 international locations, providing winners over $1mn in money prizes and assist for startups to develop their enterprise. The competitors kicks off with nation-level rounds, after which the winners will qualify for the EWC finals the place high entrepreneurs from around the globe will compete. This yr, the worldwide finals can be held in Riyadh, Saudi Arabia, in November 2022.
Abdulrahman Hesham al-Sowaidi, QDB appearing CEO, stated: “The EWC is one in every of many key initiatives that QDB deploys to assist entrepreneurs and introduce them to worldwide boards that cater to innovation and creativity. As well as, this initiative empowers the aggressive entrepreneurial ecosystem, not solely on the nationwide degree but in addition on the world one too, which finally strengthens our endeavours in supporting SMEs and their ambitions nationally and internationally. Thus, we encourage revolutionary enterprise minds & pioneers to use and earn the possibility to symbolize Qatar on a global degree.”
Qatar is collaborating within the fourth version of the EWC, which was launched in 2019. Within the final two editions of the competitors, enterprises from Asia grabbed first place (Todoc of South Korea in 2021 and Singapore’s TurtleTree Labs the yr earlier than).
The EWC is taken into account essentially the most numerous of its variety because it welcomes enterprises from all levels whether or not they’re within the thought stage, early stage, or development stage. The eligibility standards will not be restrictive, however the firm should be lower than seven years outdated on the date of the worldwide finals and should be licensed and registered within the nation through which it operates.
Essentially the most notable benefits of participation within the EWC embody gaining a chance to showcase the enterprise within the worldwide area and profit from the information networks that the competitors gives, in addition to the tutorial sources that enterprises will obtain upon registration.
All individuals can have entry to EWC Accelerates, a digital coaching programme that may enhance entrepreneurs’ possibilities to win within the nationwide finals to advance to the subsequent rounds. The highest 100 world finalists will even obtain a mixed $100,000 value of in-kind assist.
Entrepreneurs who’re to take part can apply by way of the EWC platform from July 28 till August 28, 2022. QDB will oversee the nationwide finals in Qatar underneath the supervision of a specialised jury, representing a few of QDB’s nationwide companions. After that, the highest three winners from Qatar will transfer on to the worldwide finals in Saudi Arabia.
For extra details about EWC, go to https://www.qdb.qa/en