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Posted On: 30 May 2021 05:14 pm

INJAZ Qatar to host Mubadara 2021 Awards Ceremony

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INJAZ Qatar to host Mubadara 2021 Awards Ceremony

INJAZ Qatar, a non-profit organization and a member of Junior Achievement (JA) Worldwide, will host the Mubadara Awards Ceremony online via Zoom on Wednesday 2nd June 2021, recognizing some of Qatar’s most outstanding young entrepreneurs.

The Company Program and Mubadara are INJAZ Qatar’s most interactive and popular education program and event during which student enterprises are established through Junior Achievement’s globally recognized “Company Program™”. It has evolved to become a prominent event in the INJAZ Qatar calendar of activities. Student teams were provided with the unique opportunity to establish and run a real business over a period of five months with the guidance of professionals from leading businesses across Qatar. 14student teams made it to the final stage of the program from universities in Qatar. During the program, students go through the entire life cycle of a startup venture as they develop a business idea, form a team, raise capital of up to QR 11,000, devise business plans, and produce and sell a product or a service. Towards the end of the five months of activity, students present their entrepreneurial ideas before a judging panel of business leaders from the local market.

In the upcoming Mubadara 2021 Awards Ceremony, the innovative products and services developed by the student companies will be exhibited and the winners of this year’s competition will be announced giving them the opportunity to represent Qatar at the INJAZ Al Arab regional finals.

Students will compete for one of seven awards, which are: The Best Company of the Year award sponsored by "ExxonMobil", the Most Innovative Product/Service award sponsored by "Qatar Development Bank, the Best Marketing Plan award, the Best Social Impact Award, the Best Company Report, the Best Public Presentation and the Public Choice Award.

The Awards Ceremony will host INJAZ Qatar’s Board Members and representatives from the private and public sector including the education sector in Qatar.

The team winning Best Company of the Year Award (University level) will be given ongoing support by "QBIC" (Qatar Business Incubation Center) and seed funding of QR 35,000 from "BOEING" to start their real business.

This year’s Mubadara Award Ceremony sponsors are: ExxonMobil as Platinum Sponsor, "BOEING" is the Strategic Partner for the Start-Up program, "Qatar Development Bank" is the program partner, Qatar Business Incubation Center (QBIC) is the Incubation partner who will host the winner and "Frame" is the Media Partner.

Source: Press Release