The fifth edition of the MITEF Saudi Startup Competition successfully concluded last week, after witnessing the participation of about 50 innovative startups from Saudi Arabia, UAE, Lebanon, Bahrain, Egypt, Palestine, India, North Macedonia, China, USA, UK, and Lithuania. The forum is a platform that brings together startups and small companies from around Saudi Arabia and the world, who would like to expand their businesses in the Kingdom along with investors.
The MITEF Saudi Startup Competition held a day-long the StartSmart conference to allow entrepreneurs to get inspired with new ideas, make acquaintances, build relationships, get trained, and receive information which would help them make their startup a real success. At the end of the competition, the names of the nine winning teams were announced.
The winning Saudi teams won cash prizes of SAR325,000: in the Startups track, the first place went to Hudhud Al; the second place was won by Nugttah team, and the third place went to Taffi. As for the Ideas track, 09ranked first, Themar came in second place, while Genomez team won third place. For the Social Enterprise track, Ad Astra won the first place, the second place went to Cube DX, and the third place to Baleegh.
