The UAE Ministry of Education has launched the Entrepreneurship Challenge under the Graduate Fund.
The Challenges will provide Emirati university students and graduates, with the necessary training and tools for entrepreneurial success.
It comes under the umbrella of the ‘Projects of the 50’ programmes and initiatives aimed at enabling progress on the developmental path of the UAE and developing the national economic ecosystem.
UAE nationals aged between 18 and 35 who are university students and graduates can participate in the Entrepreneurship Challenge.
Commenting on the programme, His Excellency Dr. Ahmad Belhoul Al Falasi, Minister of Education, said: “At the Ministry of Education, we are working to nurture, motivate and qualify all talented Emirati university students and graduates, and enhance their competitiveness across all fields. We are keen to empower those with entrepreneurial and innovative ideas, enabling them to translate their creative ideas into successful businesses and projects, which contributes to further enhancing the UAE’s world-class entrepreneurial environment that has enabled us to maintain the highest rankings in the Global Entrepreneurship Index globally.”
Adding: “The Entrepreneurship Challenge, the first programme of the Graduate Fund, fosters the values of innovation and creativity among young Emiratis and encourages them to transform their ambitions into reality.”
Those participating will have the opportunity to win up to AED 2 million worth of prizes that will be distributed among 12 Emirati winners.
Winners can also join advanced incubator and accelerator programmes and receive personalised mentoring and coaching sessions.