Saudi Press

Saudi Arabia and the world
Wednesday, Mar 22, 2023

Saudi firm White Helmet wins Entrepreneurship World Cup at Biban 2023 

Saudi firm White Helmet wins Entrepreneurship World Cup at Biban 2023 

Saudi-based White Helmet, a firm that provides a platform to manage and monitor construction operations remotely, has won the Entrepreneurship World Cup at Biban 2023.
The company secured a cash prize of $300,000 and the title at one of the region’s largest startup, small and medium enterprises and entrepreneurship conferences.

Another 10 startups from diverse countries won cash prizes ranging from $25,000 to $200,000 for their innovative solutions in what was a $1 million prize fund.

Founded in 2017, White Helmet has won several recent awards, including the Collaborative Innovation Award from the Kingdom’s Communications, Space and Technology Commission as one of the top digital products in Saudi Arabia at the Digital Tech Forum in 2022.

In November 2022, the company also won the Technology Project Award at the Project Management Offices Summit, according to the company’s website.

Touted to be one of the world’s largest innovative pitch competitions, the Entrepreneurship World Cup is co-hosted by Global Entrepreneurship Network and Saudi Arabia’s General Authority for Small and Medium Enterprises, also known as Monsha’at.

Since launching in 2019, the press release added that the competition had engaged more than 400,000 entrepreneurs from 200 countries and connected founders with over $4 million in cash prizes and another $266 million worth of perks and free support and services.

“We are proud to have a Saudi company named the champion of the latest edition of the EWC. We hope that this win will inspire more of our people to take that step forward and realize their entrepreneurial ambitions,” said Sami Ibrahim Al-Husseini, governor of Monsha’at.

He added: “Saudi innovation and ingenuity has driven the advancement of the Kingdom’s startup and SME ecosystem forward over the past years.”

Jonathan Ortmans, president of GEN, said that these startups are “disrupting their industries and testing big ideas with the potential to transform our world.”

This year’s edition of the EWC attracted more than 30,000 founders, and 100 out of them were invited to pitch to a panel of international judges at the Global Finals after several qualifying rounds.

Meanwhile, this year’s Biban conference hosted under the theme “Attract-Connect-Achieve” attracted over 105,000 participants. It also featured over 350 speakers sharing their insights about the SME ecosystem globally and regionally.

The event also hosted 300 workshops for over 20,000 beneficiaries.
Newsletter

Related Articles

Saudi Press
Close
0:00
0:00
Credit Suisse's Scandalous History Resulted in an Obvious Collapse - It's time for regulators who fail to do their job to be held accountable and serve as an example by being behind bars.
Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis
Paris Rioting vs Macron anti democratic law
Credit Suisse to borrow $54 billion from Swiss central bank
Russian Hackers Preparing New Cyber Assault Against Ukraine
"Will Fly Wherever International Law Allows": US Warns Russia After Drone Incident
If this was in Tehran, Moscow or Hong Kong
Announcing GPT-4
TRUMP: "Standing before you today, I am the only candidate who can make this promise: I will prevent World War III."
China is calling out the US, UK, and Australia on their submarine pact, claiming they are going further down a dangerous road
A brief banking situation report
We are witnessing widespread bank fails and the president just gave a 5 min speech then walked off camera.
Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
Good news: The U.S. government is now guaranteeing all deposits, held by, Silicon Valley Bank, and the funds are available as of today
Silicon Valley Bank exec was Lehman Brothers CFO
Saudi Arabia has announced a major breakthrough in diplomacy with Iran after two years of intense talks
A Mississippian man, who was once considered a “ticking time bomb,” has lost a whopping 165 kilograms! What motivated this incredible transformation?
Elon Musk Is Planning To Build A Town In Texas For His Employees
The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
Market Chaos as USDC Loses Peg to USD after $3.3 Billion Reserves Held by Silicon Valley Bank Closed.
Barcelona is feeling the heat as they face corruption charges over payments to former vice-president of Spain's referees' committee, Jose Maria Enriquez Negreira
Banking regulators close SVB, the largest bank failure since the financial crisis
Watch: “They are wounded but unbowed, unbreakable.”
Silicon Valley Bank: Struggles Threaten Tech Startup Ecosystem"
The unelected UK Prime Minister Rishi Sunak, an immigrant himself, defends new controversial crackdown on illegal migration
Old clip of Bill Gates saying Ukraine is a big, fat, corrupt sinkhole is going viral
Saudi Arabia To Introduce Yoga In Universities
Middle East real estate market to see strong growth in 2023, predicts CBRE.
In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
Saudi Aramco, the energy giant, has acquired Valvoline Inc., a US-based oil company, for $2.65 billion
How do stolen goods end up on Amazon, eBay and Facebook Marketplace?
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Is Gold the Ultimate Safe Haven Asset in Times of Uncertainty?
Spain officials quit over trains that were too wide for tunnels...
Hello. Here is our news digest from London.
Corruption and Influence Buying Uncovered in International Mainstream Media: Investigation Reveals Growing Disinformation Mercenaries
When it comes to Tesla vs Lamborghini, an empty vessel makes more noise
European MP Clare Daly condemns US attack on Nord Stream
Former U.S. President Carter will spend his remaining time at home and receive hospice care instead of medication
North Korea test-fires an intercontinental ballistic missile into the Sea of Japan west of Hokkaido
Tucker Carlson called Trump a 'demonic force'
US bombed Nord Stream gas pipelines, claims investigative journalist Seymour Hersh
Sheikh Jassim Bin Hamad Al Thani bid in for 100% of Manchester United
US Joins 15 NATO Nations in Largest Space Data Collection Initiative in History
White House: No ETs over the United States
Saray Street in Hatay-Antakya before and after the earthquake
U.S. Jet Shoots Down Flying Object Over Canada
Nord Stream terror attack: David Sacks breaks down Sy Hersh's story
Being a Tiktoker might be expensive…
Miracle: El Salvador Search and Rescue teams, with the support of Turkish teams, rescued a woman and a child from the rubble 150 hours after the earthquake
×