QU launches Innovation contest
Qatar University College of Business and Economics (CBE) and College of Engineering (CENG) have launched the Innovation & Entrepreneurship Contest 2018.
Contest registration will end on October 27. It was announced at a press conference that the contest will focus on creating business ideas and innovations that would directly benefit the economy of Qatar and assist in building a knowledge-based economy.
Participating teams will have access to training materials from experts to orient them on how to prepare and present effective business models and pitches outlining the essence of their business ideas. Presentations will be delivered in front of a panel of judges on November 11.
In addition to monetary prizes, winners will get the chance to have their ideas developed further in the CBE Center of Entrepreneurship’s Incubator through vigorous coaching and training, and enable them to excel their business plans, and possibly get funding opportunities and access the local business community.
CENG acting dean Prof Abdelmagid Hammuda said, “The contest is designed to spread awareness about the importance of entrepreneurial activities, trigger the entrepreneurial skills of QU students and involve them in the process of developing sound business plans. When they graduate, our students will enter a highly competitive business environment in Qatar. They have to acquire the skills and competencies to become the next leaders in the world of business.”
CBE dean Dr Khalid al-Abdulqader explained that business ideas should be feasible, realistic and preferably serve the needs of the labour market and the private sector in Qatar. “We look forward to seeing the innovative projects that will emerge from their creative minds,” he added. CBE Entrepreneurship Center director Dr Mahmoud Khalil was also present.