CBE and CENG launched the “Innovation & Entrepreneurship Contest 2016/17” at a press conference held on October 30.
Details of the contest were outlined by CENG Dean Dr Khalifa Al-Khalifa and CBE Dean Dr Khalid Al Abdulqader in the presence of CENG associate deans for Research and Postgraduate Studies Prof Abdelmagid Hammuda and for Development and Industrial Relations Dr Saud Ghani, and CBE Center for Entrepreneurship (CFE) Director Dr Mahmoud Khalil, as well as QU faculty and staff, and representatives of the local media.
This year, the participating teams will have access to training materials through online webinars to ensure that they benefit the most of the content provided by experts. The training webinars will oriented them on how to prepare and present effective business models and pitches outlining the essence of their business ideas. Presentations will be delivered in front of a panel of judges on December 12 and winners announced on December 20. Registration for the contest will start on October 31 and will end on November 15.
In addition to monetary prizes, winners will get the chance to have their ideas developed further in CFE Incubator through vigorous coaching and training, which will enable them to excel their business plans, and possibly get funding opportunities and access the local business community.
Dr Al-Khalifa said: “The contest is designed to spread awareness about the importance of entrepreneurial activities, trigger the entrepreneurial skills of QU students and engage them on how to develop sound business plans. When they graduate, our students will enter a highly competitive business environment in Qatar. They have to acquire the skills and competencies to become the next leaders in the world of business. In this regard, CENG is committed to providing its students with a forum to develop their creative and innovative business ideas which will add value to their education.”
Dr Al-Abdulqader stressed the importance of innovative ideas to develop a sound business sector and to ultimately contribute to the country’s development and progress. He said: “Through this annual competition, we are inviting our students to invest their talents in the spirit of competition, shared knowledge and teamwork. The business ideas should be feasible, realistic and preferably serve the needs of the labor market and the private sector in Qatar. We look forward to seeing the innovative projects that will emerge.”