10 school teams vie for start-up award
Dubai — Ten ‘innovative’ teams made their way to the final round of Arab Innovation Centre for Education (AICE) accelerator programme on Tuesday.
The final winner will be announced on May 3 with the winning team receiving Dh10,000 cash prize and guidance to turn their school projects into business start-ups. At the programme, launched by GEMS Education, young innovators pitched their creations with the objective of turning school projects into business start-ups
The teams were selected from over 700 applicants based on the commercial feasibility of their ideas.
They received training and participated in workshops covering business modelling, planning and pitching to investors.
“The launch of the first programme under the AICE has marked a great milestone in support of the UAE leadership’s ambitious vision to contribute to the development and nurturing of entrepreneurial spirit in the region. At GEMS, we are proud to support this vision by helping to grow generations of problemsolvers, thinkers and doers, creating positive value in society,” said Dino Varkey, Group Executive Director and Board Member of GEMS Education.
The Arab Innovation Centre for Education launched the programme to provide a platform and build an ecosystem to promote, foster and practise research, in- novation and entrepreneurship.
Karan Deep, GEMS Education Innovation and Development manager, told Khaleej Times: “It’s amazing to see the talent and passion of these young innovators. Besides the cash prize, the winning team will also receive mentorship and the opportunity to network with business leaders and investors.”