The winners of the Entrepreneurship World Cup (EWC) finals qualifiers were crowned, in the presence of Deputy Minister of Commerce Dr. Eman Al-Mutairi, Governor of the Communications and Space Authority Dr. Mohammed Al-Tamimi, and Governor of the General Authority for Small and Medium Enterprises “Monsha’at” Sami Al-Hussaini. This event took place as part of the Biban 24 Forum activities.
Mesmar Company from the Kingdom of Saudi Arabia won first place and a prize worth $200,000, while the “N&E Innovations” project came in second place scooping a prize worth $140,000, and the “Sommalife” project won third place and got a prize worth $70,000.
Entrepreneurship World Cup
In past years, the Entrepreneurship World Cup offered award tracks for Growth, Early, and Idea Stages, as well as Innovation Priorities, to support entrepreneurs worldwide in developing their projects and connecting with a global network of mentors. The 2025 competition introduces a new Space Technologies track, covering fields like mining, health, sports, agriculture, and resource management. This track offers dedicated cash prizes totaling $200,000, alongside $800,000 in overall competition prizes.
The competition aims to encourage entrepreneurs at their various stages, from the idea stage to the growth and expansion stage. It also aims to help participants launch, strengthen and expand their projects. This competition is also considered the largest tournament of its kind in the world.
The Entrepreneurship World Cup (EWC) competition is a transformative experience that can change the trajectory of entrepreneurs’ lives. It provides essential tools and resources to help them launch their ideas and achieve success. Additionally, it offers support for small and medium-sized enterprises through specialized training programs and facilitates networking with a global network of mentors in an intensive training camp.
Before announcing the winners, the final round of qualifiers took place, which included presentations, discussion sessions with international experts, and networking activities among the participants.
Monsha’at
In the competition, 100 companies from over 50 countries worldwide vied for prizes totaling up to 1 million USD. The Entrepreneurship World Cup is organized by the General Authority for Small and Medium Enterprises, “Monsha’at,” in partnership with the Prince Mohammed bin Salman Foundation, “Misk,” and the Global Entrepreneurship Network, an organization operating in 200 countries, promoting and advancing entrepreneurship.
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