Dubai to host the grand finale of Eureka

Dubai to host the grand finale of Eureka

Dubai is set to host the grand finale of Eureka! GCC 2023, Asia's largest business model competition, later this month in the presence of Sheikh Nahyan Bin Mubarak Al Nahyan, the UAE’s Minister of Tolerance and Coexistence. The at the Habtoor Palace, Dubai on May 26 will feature ten finalists, chosen from amongst 150 business plans from aspiring entrepreneurs and budding start-up founders after a rigorous competition over 7 months to assess their innovative ventures and commercial concepts. Each finalist will pitch their business ideas to a panel of prominent investors, venture capitalists, CEOs and industry leaders, to win the coveted Eureka! GCC title and a share of prizes worth $100,000. Participants in the sector-agnostic competition, now in its second year, received a holistic entrepreneurship programme featuring business insight and knowledge, mentorship and other training appropriate for early-stage startup companies. Following an extensive screening process, 27 semi-finalist teams were selected to participate in advanced entrepreneurship training, with tailored workshops focusing on effective business planning and personalized mentoring from seasoned industry professionals over a five-week period. Ten finalists were chosen, based on mentors’ recommendations and business reports. The Eureka! GCC 2023 competition is powered once more by Gulf Islamic Investments (GII),