The Small and Medium Enterprises General Authority (Monsha’at) will host the Entrepreneurship World Cup (EWC) finals in Riyadh. The Prince Mohammed bin Salman Foundation (Misk) and the Global Entrepreneurship Network (GEN) are partnering with the event.
Global Competition Highlights Innovation
The top 100 startups from around the world will compete for $1 million in cash prizes and additional in-kind rewards. The EWC finals will be part of the Biban 24 forum, the Kingdom’s premier startup and SMEs event, scheduled for November 5-9, 2024.
Selection from Thousands of Applicants
Finalists were selected from over 16,000 applicants representing 151 countries. These startups excelled in their national competitions and attended a global training camp. The camp featured 250 promising companies, industry experts, and support organizations. From this group, the top 100 emerging startups will compete at Biban 24.
Promoting Global Entrepreneurship
Aligned with the forum’s theme, “Global Destination for Opportunities,” the EWC pitch competition will showcase entrepreneurial spirit and innovation. Established in 2019 by GEN and Misk Foundation, EWC has attracted over 400,000 entrepreneurs globally. The competition has awarded over $4 million in cash prizes to date.
Monsha’at’s Vision for the Future
Monsha’at Governor Sami Ibrahim Alhussaini expressed pride in hosting the EWC in Riyadh. He emphasized the importance of entrepreneurship as the backbone of the economy, aiming to equip future businesses with the tools for a prosperous tomorrow.
