“Since 2007, the Startup Weekend format has helped launch startups around the world,” said Ms. Albassam. “The one we organized in Dubai last October attracted more than 400 participants and resulted in the launch of several online and mobile technology startups.”
Startup Weekend Abu Dhabi will be sponsored by Khalifa Fund for Enterprise Development, which has offered 36,500 AED in prize money. On opening night of the event, participants with startup ideas will present their ideas to the crowd. After the pitches, the best ideas will be selected by voting, and participants will form teams, who will work through the weekend to develop the best ideas into viable startup business models and prototypes.
During the event, mentors will be on hand to advise and encourage teams. This provides an opportunity for participants to learn from successful business leaders in the community who are generously offering their time and expertise to encourage the entrepreneurs. A panel of distinguished judges, comprised of business and community leaders, will determine the winning ideas and teams.
Dr. Christiane Schloderer, founder of myidea-campus.com, which specializes in programs for entrepreneurs, said, “Events like Startup Weekend are very relevant for the entrepreneurial ecosystem in the UAE, bringing together ideas, talent, IT competencies and money. They also create a lot of momentum for entrepreneurship in general and single ideas in particular.”
Participants and attendees, including anyone with a startup idea, application development or design expertise, or investors and startup enthusiasts, should complete a free registration at http://swabudhabi.org/