Data limit: 1st December 2023
Applications are now open for the Venture Z Startup Competition for Entrepreneurs 2023/2024. Venture-Z is an exciting and dynamic startup competition that offers aspiring Generation Z entrepreneurs an incredible platform to showcase their innovative business ideas and make a lasting impact on society.
Organised as part of the prestigious 2nd International Conference on Sustainability: Developments and Innovations (ICSDI) 2024, Venture-Z brings together the most supportive minds and rewarding visionaries passionate about creating a better future.
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Competition tracks
- Track 1: Innovations in Engineering: This track focuses on start-ups that bring innovative solutions in the areas of mechanical, civil, electrical or environmental engineering. It covers areas such as advanced materials, energy systems, infrastructure development and environmental technologies.
- Track 2: Sustainable Business Ventures: This track is dedicated to startups that incorporate sustainable practices and principles into their business models. It includes areas such as sustainable supply chains, green innovation, eco-friendly products and renewable energy ventures.
- Track 3: Environmental Solutions: This track is designed specifically for startups that address environmental challenges and sustainable solutions. It covers areas such as pollution control, waste management, improving water and air quality and environmental monitoring technologies.
- Track 4: Social Entrepreneurship: This track is open to startups that combine business innovation with social impact. It includes initiatives that address social issues, promote inclusion, empower communities and contribute to sustainable development goals.
- Track 5: Cities of the Future: This track focuses on startups that have been put forward for the development of cities of the future through innovative urban planning, smart infrastructure, sustainable transport, IoT-enabled urban solutions, AI-driven urban management systems and sustainable urban development practices.
Prizes
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They believe in believing in and supporting the entrepreneurial spirit of their participants. They are excited to announce the awards for the three best startups in the competition who receive prestigious prizes along with financial support from Prince Sultan University, as follows:
- 1st place winner: SAR 30,000
- 2nd place winner: 20,000 SAR
- 3rd place winner: SAR 10,000
Sponsorship opportunities:
- In addition to the financial support provided by Prince Sultan University, Venture Z offers the potential for additional funding through sponsorship opportunities.
- Sponsors who choose to finance promising start-ups will have the chance to make a significant impact on the growth and success of these ventures, similar to the concept of "Shark Tank".
- They are looking for sponsors who are passionate about supporting entrepreneurship and the development of future, sustainable and technologically advanced cities.
Eligibility
The Venture-Z Startup Competition is open to aspiring entrepreneurs and startup teams from various backgrounds and sectors. Participants must fulfil the following criteria:
- You must be 18 years of age or older.
- You must have a viable business idea or an early-stage start-up.
- Individuals or teams can take part (team size restrictions of 5 members).
- International participants are welcome.
Judging Criteria
The judging panel will assess the start-up pitches on the basis of various criteria, including innovation, market potential, foresight, team capacity and scalability. The specific selection criteria will be communicated to participants in advance to help them prepare and align their presentations accordingly.
Application