UAE- DSO to host Second Entrepreneur Day Competition

11/16/2015 7:59:34 AM

(MENAFN- Emirates News Agency (WAM))

DUBAI 16th November 2015 (WAM) -- Dubai Silicon Oasis Authority DSOA the regulatory body for Dubai Silicon Oasis DSO the integrated free zone technology park today announced its plan to host The Entrepreneur Day TED business plan competition on December 9th at Dubai Technology Entrepreneurship Centre DTEC.

Organised for the second consecutive year The Entrepreneur Day aims to provide an ideal platform for entrepreneurs focusing on technology products or solutions to grow their businesses and achieve long-term goals. The competition invites emerging entrepreneurs to submit their start-up proposals prototype products or business plans before Thursday November 26th 2015.

Eight shortlisted applicants will get the opportunity to pitch their business plans to a live audience and judging panel on the day of the event. The winning start-up to be announced at the conclusion of the competition will walk away with a cash prize of US$10000 as well as a free trade licence flexi-desk space within DTEC and incubational support.

Speaking on the initiative Hans Christensen Director of DTEC said "Last year's inaugural competition received great interest and uptake from young and talented professionals. This was our inspiration for going ahead with the second edition of The Entrepreneur Day this year. As per the key findings of the survey on technology start-ups and emerging SMEs in the MENA region that we launched last year 68 percent of respondents said it is difficult to source adequate funding to establish start-ups and 75 percent articulated the challenges in securing office spaces that fit their budgets among many others."

WAM/Esraa/Moran

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