DSOA launches ‘The Entrepreneur Day’ competition

Dubai (WAM): Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, has launched ‘The Entrepreneur Day Business Plan Competition', which aims to support entrepreneurs and early stage companies that are focusing on technology products or solutions. The competition, organised by Silicon Oasis Founders (SOF), will offer start-ups in the U.A.E. the chance to win incubation support and a trip to San Jose, California U.S.A. to be part of a Silicon Valley-based acceleration programme for Middle Eastern entrepreneurs, "Progress in Technology Middle East (PITME) Labs". In line with its support for Dubai's ‘Capital of Islamic Economy’ initiative, the competition will have a special award for businesses that focus on digital and online Arabic content domains. To participate in the competition, entrepreneurs are required to submit a prototype product or a detailed business plan. Commenting on this competition, Shahla Ahmed Abdul Razak, Deputy CEO at DSOA, said, "This competition is in line with our commitment to provide a growth platform for entrepreneurs to achieve their long term goals as well as build a technology-centric smart ecosystem for the community. Winners will have the unique opportunity to be part of DTEC that is shaping up as the largest technology based entrepreneurship centre in the MENA region within the integrated hi-tech park. "This initiative will empower entrepreneurs with the expertise they need to succeed in today’s dynamic technology domain. We are working towards creating an enabling environment similar to that available in Silicon Valley where entrepreneurs get recognised for their innovations as well as unique business models," added Shahla. – Emirates News Agency, WAM – http://www.wam.ae/en/news/economics/1395270602900.html