Challenges in digital entrepreneurship | Najran Region

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Najran
About
About the challenges

A golden opportunity for creative thinkers and startup projects in Najran to present innovative solutions, interact with a select group of experts, and leverage available resources to develop ideas into successful projects that enhance the advancement of the digital entrepreneurship ecosystem.

 

Acceptance Criteria
A feasible profitable project idea
A feasible profitable project idea
Availability during the challenges
Availability during the challenges
schedule
Presence at the challenges location
paln
Matching MVPLAB accessibility criteria
Rewards
WIN
150,000 S.R

First winner

WIN
150,000 S.R

Second winner

WIN
150,000 S.R

Third winner

Challenge Journey
01

18 Nov

Open Registration
02
Registration closes
03

27 Nov

Filtration and acceptance
04

28 Nov

Virtual workshops
05

28 Nov

Virtual consultation sessions
06

8 Dec

Physical workshops In-person
07

9 Dec

Startups evaluation In-person
08

10 Dec

Training for Demo day In-person
09

Later

Closing ceremony In-person
Tracks of The Program
Ideation, Concept Development, and Prototyping

​​​​​The process of generating creative ideas, developing innovative concepts, and turning them into testable prototypes

Business Model Canvas

​​​​​A strategic tool used to determine how to create, deliver, and maintain value through a comprehensive business model

Go to Market Strategy

A comprehensive plan that outlines how to market and sell the product or service to the target audience, from launch to expansion

Financial Management

Organizing and managing the financial affairs of the startup to ensure operational sustainability and achieve financial goals

Branding for Early Stage Startups

​​​​​​Building a distinctive brand identity for the startup in its early stages to attract the target audience and establish its market position

Legal and Regulatory Compliance

​​​​​​Ensuring that the startup operates according to local and international laws and regulations, including company registration and intellectual property protection

Pitching and Fundraising

​​​​​Presenting ideas and projects to potential investors and partners to secure the necessary funding for the development and growth of the startup

Demo Day

Only the qualified participants will present their projects professionally to the audience, and the winners will be announced through the closing ceremony.

Benefits of the program
Training
Training by specialists in the field of entrepreneurship
man
Access to experts and enthusiasts in the fields of entrepreneurship and technology
business model
Assistance in building a correct business model
Share
Networking with participants who share your interests and directions

FAQs

In Najran Chamber of Commerce Headquarters.

Yes.

Yes.

The winning teams in the challenge will receive digital enablement prizes worth SAR 150,000 for 3 winning projects, by receiving financial incentives of SAR 150,000 only after meeting the criteria of the MVPLAB initiative, which will distributed in installments based on the completion of the tasks required to be eligible for each batch by the project.