TiE Dubai announces fifth edition of TiE Women MENA to empower women entrepreneurs in the region
- The program expands its reach to include 5 categories UAE, Emirati, the Kingdom of Saudi Arabia, Egypt, and the rest of the Middle East, underlining its commitment to fostering gender parity in entrepreneurship in line with government efforts.
- The competition kicks off with an application phase open until June 1st, 2024. Through several rounds of screening, an unbiased jury with TiE Dubai Charter members will select the top innovative ideas from each of the five categories.
- The selected finalists will showcase their ventures in five rigorous pitch competitions. The winners of these competitions prep for the MENA finals, previously hosted at the North Star Expand at GITEX. The competition will conclude with the Global Finals in December 2024.
- World Bank stated that women entrepreneurs had equal access to finance, and the growth of the companies could generate a $5-6 trillion expansion in global GDP. Additionally, nearly half of the women in the UAE alone face significant barriers in accessing capital, with 8 out of 10 women tapping into their personal savings.
- The program seeks to create equal opportunities for women entrepreneurs to excel and contribute significantly to their economies. This year’s theme continues to highlight the role of women in business, with a focus on nurturing their skills through a structured framework. Participating startups undergo several stages of development, from initial application, through intensive 1:1 mentorship, to pitching their ideas in front of a seasoned panel of judges at the MENA and Global finals.
- Global and regional winners will receive prizes and recognition for their accomplishments. In the past, winners have received equity-free cash prizes of up to $50,000 at the Global finals and up to $25,000 at the MENA finals in Dubai, and have gone on to achieve much more.
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