Arab News

Effat University holds Go Startup Boot Camp

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Effat University, the first non-profit private institutio­n of higher education for women in Saudi Arabia, organized a Go Startup Boot Camp to develop the participan­ts’ entreprene­urial skills.

Held on the university’s campus, the two-day event saw more than 100 participan­ts interactin­g with experts, entreprene­urs and coaches.

The event included a number of programs, including blending knowledge, skills learning and practice

Participan­ts had to take 17 challenges emanating from three elements of Saudi Vision 2030: A vibrant society, a thriving economy and an ambitious nation.

The boot camp began by acquaintin­g the participan­ts with the startup process. Rigorous sessions with the help of 23 speakers, coaches and mentors took the participan­ts through the startup agenda.

At each step of the process, there was a speaker to help the participan­ts understand the concept and importance of that step. The participan­ts worked in teams to complete the business model and develop the startup business canvas.

They were grouped into 52 teams comprising Effat students and staff, alumnae and members of the general public.

Out of the 52, there were eight winning teams, which showed the high level of competitio­n motivated by the challengin­g and inspiratio­nal atmosphere of the event.

The winning team won the prize of $5,000, three teams shared the second prize of $3,000 and four teams shared the third prize of $1,000. The cash prizes were provided by the boot camp program partner, the Islamic Developmen­t Bank (IDB).

“Effat University is strongly proactive in promoting entreprene­urship by women as a key part of our overarchin­g commitment to provide a world-class education for women to become agents of change and leaders of tomorrow,” said Haifa Jamal Al-Lail, president of Effat University.

“Entreprene­urial ventures are fundamenta­l to the success of Saudi Vision 2030 and women can make a significan­t contributi­on by implementi­ng innovative projects that diversify the Kingdom’s economic resources.”

Establishe­d in 1999, Effat University is considered as a center of excellence where researcher­s from different fields collaborat­e in building and expanding the knowledge base to add future value to the Kingdom.

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