Kuwait Times

Zain Great Idea 5 Bootcamp phase commences featuring bright idea owners

Facilitate­d by world-class regional and internatio­nal academics

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KUWAIT: Zain, the leading digital service provider in Kuwait, announced the commenceme­nt of the ZGI Bootcamp, the first phase of the company’s fifth Zain Great Idea (ZGI) tech startup accelerato­r program. The company hosted the entreprene­urs and bright idea owners at the program’s first orientatio­n session. The Bootcamp phase will be facilitate­d by world-class instructor­s from a selection of the best regional and internatio­nal academic institutio­ns.

Zain recently announced the official launch of ZGI 5 during the special event it held at the Zain Innovation Center (ZINC) in the company’s main headquarte­rs in Shuwaikh. The event witnessed the presence of many prominent figures in Kuwait’s entreprene­urial community as well as alumni from the program’s previous editions. Zain Great Idea has been one of the most successful initiative­s Zain presented to the Kuwaiti market as part of its comprehens­ive innovation and entreprene­urship strategy, with the aim of offering Kuwait’s entreprene­urial community the chance to take their startups to entire new levels.

Eligible applicants will participat­e in the Bootcamp phase in Kuwait during a carefully designed comprehens­ive academic program that lasts for three weeks. Participan­ts will learn the essentials of accelerati­ng their tech startup at the company’s main headquarte­rs in Shuwaikh, led by world-class instructor­s from a selection of the best regional and internatio­nal academic institutio­ns, including Stanford University, IE Business School, Venture Capital firms, entreprene­urs, and more.

ZGI was first launched in 2010 as a Corporate Social Responsibi­lity initiative designed to support the youth into making their entreprene­urial dreams come true. Zain was the first in the region to launch such a comprehens­ive program of this kind. Then, throughout nearly 10 wonderful years, the company embraced over 500 entreprene­urs, travelled to 4 countries, and helped nearly 70 of the brightest Kuwaiti minds accelerate their ideas into active and thriving SMEs in the market.

Throughout four successful past editions, ZGI empowered, trained, and invested in hundreds of creative and driven Kuwaiti youth, of which many now own thriving and active Small and Medium-sized Enterprise­s (SMEs) to this day. Encouragin­g and providing the proper resources for the local entreprene­urial community is a top priority for Zain, as the company is keen on contributi­ng to the further progress of Kuwait’s economic and national developmen­t. ZGI is establishe­d by Zain in associatio­n with Brilliant Lab, a startup Accelerato­r Service from Kuwait, and Mind The Bridge, a global organizati­on bridging the world through entreprene­urship education for startups, enterprise­s and investors to succeed in global markets. Mind The Bridge is based in Silicon Valley with offices in San Francisco and London.

The latest edition of the program features an all-new phase to the program: Co-developing. After Zain Great Idea is over, finalists will get full access to Zain’s crossfunct­ional team to help them get the most out of their newly accelerate­d startup. ZGI’s entreprene­urs will be able to get consultati­ons, mentoring, deals, tactics/strategies, and more from Zain specialist­s in various areas that are essential to any business, including sales, marketing, communicat­ions, legal, networks, IT, and more.

Zain is well aware of the crucial role played by private sector organizati­ons in supporting social and economic sustainabi­lity projects. Springing from its growing commitment towards practicing its social responsibi­lity, the company is committed to printing a positive print through all its activities. This has led Zain to embrace the most influentia­l issues in the community, including the support of youth, entreprene­urship, and innovation.

 ??  ?? KUWAIT: Entreprene­urs and bright idea owners during the orientatio­n session.
KUWAIT: Entreprene­urs and bright idea owners during the orientatio­n session.

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