Under the patronage of H.H The Amir, Sheikh Sabah Al Ahmed Al Jaber Al Sabah, and in the presence of the guests of honor, His Excellency, Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah Minister of State for Cabinet Affairs INJAZ Al Arab announced the successful conclusion of the 8th annual Young Entrepreneurs 2014 Regional Competition, which was concluded with a prestigious awards ceremony held at the Kuwait Regency Hotel, where winning teams were awarded for their outstanding achievements.
The INJAZ Al-Arab Young Arab Entrepreneurs Competition was launched in 2007 and is attended yearly by national competition winners from countries across the region. This year’s competition was the culmination of 18 teams from 13 different countries; namely Algeria, Bahrain, Egypt, Lebanon, Kuwait, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Tunisia, UAE and Yemen.
The winning teams of the 8th annual Young Entrepreneurs 2014 Regional Competition included, Nobogh is Genius Company from KSA for Best Student Company of the Year for schools category and Dawayer Studio from Egypt won the same award for universities category; award is sponsored by Gulf Bank. Recycle Coffee Company from Morocco for Product of the Year for school categories and Jothor Company from Oman won the same award for universities category; award was sponsored by Petrochemical Industries Company (PIC). Go Kids from Kuwait for Student Company with the Best Social Impact Award for schools category, Yelena Candle Company from Tunisia for the same award for universities category, Sunlight Company from Palestine for the Remarkable Customer Service Award funded by Citi Foundation and last but not least, Dawayer Studio from Egypt for the 2014 Fedex Access Award.
The competition was judged by two judging panels. The University Student Companies panel of judges were Sconaid McGeachin, President & CEO, Hill+Knowlton Strategies, Africa, Middle East & Turkey; Michel Fattal, Senior Vice President, Fattal Holding; Ahmad AlShugairi , TV Presenter, CEO, ARAM ALIHSAN Co. ; Sheikha Hanadi Al Thani, Board member Injaz Al Arab- Founder & Chairperson of Amwal; Abdul Kareem Abu Al-Nasr Vice Chairman of the Board, INJAZ Al-Arab. The High School Student Companies panel of judges were Salma Al-Hajjaj General Manager, Human Resources, Gulf Bank; Ramzi Abdel Jaber, Managing Director & Corporate Development Head, Investcorp; Taha Khalifa, Regional General Director, Intel, MENA.
Student companies were assessed on their ability to demonstrate sound business insight, financial knowledge, marketing support and feasibility studies. In addition, competing students were required to spend one day showcasing their products, presenting to the public, and holding a private question and answer session with the judging panel in order to present their business in its entirety.
Soraya Salti, INJAZ Al-Arab Regional Director said, “It’s a privilege to be among you all here today and to be part of this celebration, that not only honours the outstanding achievements of our students, but also all the young and ambitious people from across the region that participated in INJAZ programs this year. Every year we strive to make a difference in the lives of our young students, to prepare them for what’s to come and equip them with the skills and knowledge that will help them become the true leaders of the future and to successful careers and ultimately, successful lives. Today, we get to witness this difference and to see our students’ ideas and hard work come to life. I would like to thank our partners and the sponsors of this year’s event, for their continuous support and for sharing the same passion and vision as that of INJAZ Al – Arab.”
Omar Alghanim, CEO of Alghanim Industries, Founder and Chairman of INJAZ-Kuwait and Regional Board Member of INJAZ Al-Arab said, “INJAZ can be summed up in a few words; Empowering Youth and Inventing the Future. These two key concepts, in combination, cut to the heart of why INJAZ is such an important organization and cause. Not just for the future of Kuwait, but for the future of the entire Gulf region. Thanks to INJAZ, we aren’t just dreaming about a better future for the Middle East, we are actually inventing it, one entrepreneur at a time. And that’s why we’re all gathered here today: To celebrate entrepreneurial Arabia at its best as we honor, for the 8th consecutive year, the most innovative and dynamic student companies in the region.
Rana Al-Nibari, CEO of INJAZ-Kuwait said: “For the second consecutive year, INJAZ Kuwait had the honour of hosting the annual Young Entrepreneurs Competition ceremony, one of the key activities conducted by INJAZ Al-Arab on a regional scale. I’d like to congratulate all the winning teams and all the students that benefited from INJAZ program. INJAZ Al A-Arab’s programs are truly a privilege for those who realize their value and benefit and we do hope to continue to reach more and more students across the region each year.”
Over the past decade, INJAZ Al Arab has reached more than 2,000,000 students through the generous contributions of more than 22,000 volunteers, and will continue to play an active role in educating and equipping youth across the region.
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