In a press conference at the company head office in Riyadh, STC announced that it is adopting the world competition devised by Erasmus Entrepreneurship Center at Erasmus University in Netherland
The competition aims at bringing together entrepreneurs and investors from all over the globe where they compete to win an investment that worth around €1000,000. STC will host ‘Get In The Ring’ to hold two competitions in Saudi Arabia and the Middle East in Riyadh under the banner “Get In The Ring: STC challenge).
The launch of the challenge was signed by Director of STC Public Relations Mr. Hassan AL Shaikh and the partner and founder of GITR Mr. Erwin Koenraads.
‘Get in the Ring’ challenge is a micro entrepreneurs Olympiad in a new and unique concept of presenting creative ideas held in more than 64 countries. It is an unparalleled opportunity for the leading and emerging companies to meet major investors and reach a large audience. Erasmus Entrepreneurship Center launched “Get In The Ring” initiative to shed light on innovative entrepreneurs and allow them a worldwide chance to highlight and present their ideas and projects and interact with major investors and relevant organizations.
The local final for the Saudi entrepreneurs will be held in Riyadh on September 24, 2014 and the Middle East entrepreneur final would take place in Riyadh on November 05, 2014. Prizes worth of $5000 will be offered in the finals in addition to a seat to attend the world final. Applications for participation in the challenge are effected through this link: www.gitr.co/middleeast