Kuwait City: KIPCO – the Kuwait Projects Company – and the Youth Empowerment Organization (Tmkeen) held the final judging round to determine the winner of the Fifth KIPCO Tmkeen Award for Young Entrepreneurs.
Competing in the final round were three e-media and technology businesses: Drop In (@dropin_kw) – a local concierge application that allows you to place orders from stores near you; Fanajeen (@fanajeenbooks) – an application that offers audio and written summaries of books that you can read in under 20 minutes; and Routine (@lets.routine) – an application that offers users healthy nutrition options and subscriptions.
The judging panel comprises of KIPCO’s Group Chief Strategic Initiatives Officer, Mr Joe Kawkabani; CEO of Alsayer Franchising Company, Mr Hamad Alsayer; and CEO of Boutiqaat, Mr Abdulwahab Alessa.
The entrepreneurs each gave a 15-minute presentation about their businesses, which was followed by an extensive feedback and Q&A session.
Ms Eman Al Awadhi, KIPCO’s Group Communications Director, said:
“KIPCO and its Group companies are delighted to continue to support the young entrepreneurial community through this award. While the businesses presented to the final judging round are at different stages of launch and development, the common element in all of them is the creativity with which their founders have sought to solve problems, and the passion they have to take their work to the next level. I would like to thank the judges for the invaluable feedback they gave to the young entrepreneurs. We look forward to announcing the winner during the Youth Empowerment Symposium, which will take place in January.”
Mr Abdulrahman Al Adsani, Head of the Tmkeen Symposium Organizing Committee, said:
“Tmkeen takes prides in its collaboration with KIPCO to organize this award on an annual basis. We would like to congratulate the entrepreneurs who participated in this year’s award for making it to the final round. They have shown passion for the work they do and commitment to continue face challenges in order to grow their businesses. We look forward to continuing to work with our partners, KIPCO Group, in encouraging and supporting Kuwait’s youth in creating a better tomorrow.”
The Youth Empowerment Symposium will take place on January 26-27, during which the winner of the KIPCO Tmkeen Award for Young Entrepreneurs will be announced.
This year’s winner will be awarded with $100,000 worth of services from the KIPCO Group as well as $15,000 in cash. In addition, the second and third place winners will be rewarded with $10,000 and $5,000 respectively.
The award is support by Burgan Bank, Gulf Insurance Group, OSN, United Real Estate, KAMCO Investment Company, Qurain Petrochemical Industries, United Networks, United Education Company and Marina FM.
- Ends –
About KIPCO
The KIPCO Group is one of the biggest holding companies in the Middle East and North Africa, with consolidated assets of US$ 32 billion as at 30 September 2019. The Group has significant ownership interests in over 60 companies operating across 24 countries. The group’s main business sectors are financial services, media, real estate, manufacturing and education.
About Youth Empowerment Organization
The First Youth Empowerment Symposium was held in 2012, and the annual event grew to become the starting point of Youth Empowerment Organization, which was officially formed in 2014. The Youth Empowerment Organization is an independent, private Non-Profit Organization (NPO) & Non-Governmental Organization (NGO).
It is a national initiative that is delivered by youth to youth in a professional setting, with a global outreach towards economic advancements worldwide. The organization’s vision is to empower young people in order to drive a new era of economic development, growth and productivity.
Further information:
Eman Al Awadhi
Group Communications Director
Kuwait Projects Company - KIPCO
T: +965 2294 3416
M:+965 6033 6399
Eman.Alawadhi@kipco.com
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
