(MENAFNEditorial) Press Release
For immediate release
RIYADH VALLEY COMPANY MAKES A MARK AT ARABNET 2013
Riyadh, December 5, 2013: Riyadh Valley Company (RVC), a strategic investment company, joined in the much coveted Digital and ICT event ArabNet Riyadh as Supporting Partner and an exhibitor. The event saw vast crowd of delegates including ICT professionals, investors and marketers.
Riyadh Valley Company provided promotional support to the forum by reaching out to its network and portfolio by spreading the word on the event's offerings and RVC's participation. It assisted the event to amplify the promotion to even bigger audience.
RVC's booth attracted around 300 visitors in two days. The visitors were mostly aspiring entrepreneurs looking for investments and business development services that are core competences of the Company. RVC also established numerous contacts with start-up owners that will open new investment opportunities.
RVC also brought three of its 15 portfolio companies along. The innovations showcased by these start-ups were able to attract many visitors because of their uniqueness. A startup, Media Fun, demonstrated its product Media Box that can turn any Modern Television into a Smart TV with android operating system. The visitors thronged the booth just to see how it worked. Another startup named Knowledge Developers also found some contacts for selling their meeting management software.
The two-day event brought more than 500 participants, and featured 70+ speakers in talks, interviews, panels and more. The speakers discussed all aspects of business in the ICT and Digital arena including technology, customer services, business expansion and even venture capital on which RVC concentrates.
This conference gathered technology and research centers, entrepreneurs, futurists, telecom companies and venture capitalists. RVC's GM of Marketing, Wael AlHariri commented on the conference, "We are proud to be a partner in such a celebrated event that is contributing a lot in inspiring the upcoming entrepreneurs in the fields of e-commerce, social media management and other digital fields. These areas are highly followed by youth in Saudi Arabia and RVC is here to launch them to great heights with its strong business potential in this country."
The conference conducted three competitions giving the stage to shortlisted startups, geeks with new ideas and game developers. The startup qualifiers received cash prize and all of other finalists got opportunity to present their product to investors and incubators as well as space an event for exhibition.
About RVC
Being one of the Saudi Arabia's initiatives to support the adoption of innovation culture, foster entrepreneurship, leverage the kingdom's research capabilities, mobilize, engage and oversight investments in knowledge-based sectors.
Its investment interest targets Renewable Energy, Energy Conservation, Water Desalination, Water Reclamation, Diabetes, Cardiovascular Diseases, ICT technologies. With a significant surge in these technologies, Riyadh Valley Company expects the areas to be one of its most important and diversified interests in near future.
Riyadh Valley Company can be seen as a hub in the heart of a rich and generously branched network. At the network's closest level, Riyadh Valley Company is directly connected to The King Saud University's innovation system, including the Prince Salman Institute for Entrepreneurship, Innovation Centers, the Riyadh Techno Valley Science Park, the Riyadh Incubation Center and the Intellectual Property and Technology Licensing (IPTL) Program.
Riyadh Valley Company is managing a growing network of major regional and international business and investment partners. MIDROC, ZAMIL Group, CERNER and REUTECH are some of its valued partners.
Such a huge consistently growing and pulsing network is constantly feeding Riyadh Valley Company and its partners with opportunities and successes.
About ArabNet Riyadh 2013
ArabNet is the hub for digital professionals and entrepreneurs to connect and learn. Their activities are aimed at building the web industry and supporting entrepreneurship in the region include: an annual summit, widely acknowledged as the largest digital gathering in the MENA region, with a track record of bringing globally-renowned speakers to discuss the latest topics in the field, as well as successfully connecting entrepreneurs and startups with funding and incubation through the Ideathon and Startup Demo competitions; The ArabNet Riyadh conference features 70 high-profile speakers, 40 companies at the tech-fair, 3 competitions and many networking/business opportunities.
For more information, please contact:
Akshay Bhatia
Marketing Officer
E-mail: abhatia@rvc.com.sa
Mobile: (+966) 536773842
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