Fourth Edition Of Queen Rania National Entrepreneurship Competition Launched In Jordan

The Queen Rania National Entrepreneurship Competition (QRNEC) is officially launching its 4th cycle for 2010 – 2011.

This comes as part of the Queen Rania Center for Entrepreneurship’s continued effort to empower Jordanian entrepreneurs to take their ideas or startups to the next level.

The vision of QRNEC is to evolve and expand into a comprehensive entrepreneurship enabler, involved in fostering creativity, incubating viable concepts, and facilitating the success of entrepreneurial ventures to a level that affects the cultural orientation of the Jordanian community.

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ArabNet 2010: Trends and Opportunities in Arab Web Business

ArabNetIBAG, International Business Alliance Group, presents the first edition of a new international conference for the Arab internet industry, ArabNet 2010, under the tagline of “Trends and Opportunities in Arab Web Business.”

The conference will be held in Beirut on March 25-26, 2010 with the support of Endeavor Jordan, the Queen Rania Center for Entrepreneurship, the Syrian Young Entrepreneurs Association and YallaStartup!.

ArabNet aims to bring the internet community together to network and help launch the hottest startups from across the region. Top investors, internet executives and leaders from Google, Yahoo!, Facebook, AdMob and Intel will address subjects that are critical to the Arab Web Industry including: e-commerce, gaming, mobile, content, online advertising, social networking, new media, and start-up fundraising.

Key to the conference are pitch sessions: Ideathon & Startup Demo.  This is the place to match talent with opportunity.

The Ideathon is looking for 10 select entrepreneurs to introduce their fresh startup ideas to eager investors in a rapid-fire pitch session.  Similarly, the Demo will select startups with innovative products to pitch and exhibit their companies for the duration of the conference.

Applications are currently being accepted from entrepreneurs and startups from all over the region with strong ideas and products.

For more details about the conference as well as how to apply, you can visit the official website: ArabNet.me.

[StartUpArabia is an official media partner of ArabNet 2010.]

Bedaya Angel Network’s First Pitching Session For Startups

Bedaya Angel NetworkA group of 10 Angel investors gathered in Jordan to attend the first match-making event for the newly created Bedaya Angel Network, where 20 pre-selected entrepreneurs got to pitch their projects to the investors.

Entrepreneurs were given 20 minutes to present their project and explain why they were looking for investment. Presentations were followed by another 20 minutes with questions from the attending Business Angels about their project’s details and concept, business development, the market for their project and what any eventually invested money would be used for.

The Bedaya Angel Network initiative was launched only a few months ago, in May of 2009, and has attracted over 30 important figures from the Jordanian investment, business and economic development communities.

The founding institutions of the Bedaya Angel Network are: the Queen Rania Center for Entrepreneurship, the iPark business incubator and the Arab Science and Technology Foundation. It is supported by the European program Medibtikar.

The goal behind the creation of Bedaya is to offer national financing vehicles for innovative business startups as part of the El Hassan Science City’s mandate to foster knowledge-based enterprises with a promising potential for growth. The network will be offering investments for early stage start-ups with a focus on science and technology.

Bedaya Angel Network - Match-making Event

The process starts with the selection of entrepreneurs who are looking for funding and giving the ones that are most ready the opportunity to pitch their projects to an audience of business angels at match-making events that should be held every 2 months.

Before pitching to investors, the entrepreneurs received special full-day training and coaching by Mr. Nelson Grey, a seasonal expert on business angel investments.

The next Bedaya pitching session is planned to happen next October.

[Business Angels are private individuals willing to invest their own money into high growth potential startups; not only offering money to the companies they invest in, but also a lot of experience and their personal business networks.]

Launch Of Global Business Opportunities Program’s 2nd Version

QRCE

The second version of the Global Business Opportunities program was officially launched yesterday by the Al-Ahli Holding Group in partnership with the Queen Rania Center for Entrepreneurship (QRCE), in a ceremony presided over by HRH Princess Sumaya Bint El-Hassan.

The program aims to train a group of young entrepreneurs of various nationalities in order to prepare them for the launch of global companies. The opening ceremony was attended by a number of prominent figures, businesspeople, ambassadors and participating delegations from Jordan, Argentina and South Africa.

The Queen Rania Center for Entrepreneurship and Al-Ahli Holding Group signed an agreement earlier this year to cooperate on this version of the Global Business Opportunities program; and this launch is a step forward in the frame of that cooperation.

Joi Ito, the CEO of Creative Commons, who was present at the launch ceremony, gave a motivational speech for participants, in which he emphasized the role of entrepreneurship in achieving comprehensive development and the significance of creativity in the success of companies starting up and increasing their ability to compete in global markets.

Husni Khuffash, Google’s UAE Country Manager, went over the different challenges facing entrepreneurs in their endeavors to establish global corporations, and offered solutions for these challenges.

There are 25 young men and women participating in this program from Jordan, Argentina and South Africa. They will be undergoing intensive training for three weeks, during which they will be introduced to administrative, marketing, financing, financial and human resources skills, along with others, presented by the Cisco Entrepreneurship Institute at the Queen Rania Center for Entrepreneurship.

Participants will then be divided into a number of groups made up of people from different nationalities to work on a complete business project, using the skills and ideas acquired throughout the program.

The first version of the program took place in Argentina with the participation of 20 young men and women from the United Arab Emirates and Argentina. Preparations are underway to implement the program in Brazil and South Africa in an expanded capacity and with a larger participation of youth.

Queen Rania Center for Entrepreneurship Organises The Entrepreneurs Week – May 16-21 (Amman, Jordan)

QRCEThe Queen Rania Center for Entrepreneurship is organizing a really interesting event ‘The Entrepreneurs Week‘ between 16th-21st of May, in Amman, Jordan.

The event aims to open an interactive discussion with a number of interesting international speakers who will speak about several important topics in Entrepreneurship, Business and Management.

The topics to be discussed are the following:

  • BlueOcean Strategy: How to transform a new business idea into a winning strategy
    Speaker: Mohammad Ajlouni (Managing Director, MDS)
      
  • Identifying your Strengths as an Entrepreneur
    Speaker: Ronald Evans (CEO, SIMA International)
      
  • Idea to Reality
    Speaker: Habib Haddad (Co-Founder, Yamli.com)
      
  • Innovation in Open Networks – Perspectives from an Internet entrepreneur and venture capitalist
    Speaker: Joi Ito (CEO, Creative Commons)
      
  • Cross-cultural business issues as companies expand internationally
    Speaker: Doug Christgau (Director, Cross-Cultural Development)
      
  • The current U.S. and world financial market situation.
    Speaker: Larry Hutchins (Certified Financial Planner, Wachovia)
      
  • Insights into family-owned companies in regards to economic and human resource issues.
    Speaker: John Carmon (President, Carmon Community Funeral Homes)

The event is free of charge. For registration or any further information, you can check out their website http://www.qrce.org/eweek or call +962 6 515 4892.

If you’re registered to the StartUpArabia Events iCal feed in your calendar software, the event should already be showing up in your calendar for the days of the event.

Partnership Agreement Signed between QRCE and Al-Ahli Holding Group

Press Release: Partnership Agreement Signed between QRCE and Al-Ahli Holding Grp.
AMMAN, Jordan – (Jan. 2009)

Under the patronage of Dr. Adel Al-Twaysi – Chairman of the founding committee of El-Hassan Science City – the Queen Rania Center for Entrepreneurship (QRCE) held a press conference to announce partnership with Al-Ahli Holding Group-UAE through which it will provide technical support to the 2nd round of the “Global Economic Opportunities” program. Mr. Mohammad Khammas –the CEO of the Al-Ahli Holding Group was present, while QRCE was represented by Mr. Mohammad Khawaja –the Deputy Director.

QRCE - Al AhliThe “Global Economic Opportunities” program was launched last year aiming at expanding Arab youth capacity to work with peers from various countries and cultures in developing successful world-class ventures, as well as establishing newly-born companies that supply global markets with products and services of high economic value. A group of Arab youth and participants from Argentina took place in the program’s first trial, in which they underwent specialized courses in business development, which helped them acquire the entrepreneurial skills needed for venture success.

This year, the program is going to include participants from Jordan, South Africa, Brazil, UAE and Argentina. In addition to the specialized training courses, QRCE will provide seasoned mentors from leading companies around the world to support participating teams in enhancing their business plans and honing their abilities to seize global economic opportunities, as well as building successful global companies. The program will also include field visits to major companies and factories in hosting countries in order to expand the participants’ knowledge and increase their understanding of work environment in different countries, as well as understanding each country’s specificity, both culturally and socially.

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Seminar: Strategic Planning Process: A Must to Survive in Today’s Global Environment

QRCEThe Queen Rania Center for Entrepreneurship (QRCE) just announced a new seminar they’re organizing under the theme of “Strategic Planning Process: A Must to Survive in Today’s Global Environment“.

The seminar will be taking place on Wednesday, December 17th 2008 from 3:00 – 5:00 PM, at the Friendship Auditorium of Princess Sumaya University for Technology, in Amman (Jordan).

The seminar will be with Dr. Niren M. Vyas, Distinguished Professor in the University of South Carolina Aiken, USA.

Dr. Vyas has a Ph.D. in Marketing from the University of South Carolina, and has worked in corporations located in Asia, Europe and North America for 27 years, offers consulting services to companies in the USA, Europe, India and Nepal, along with his work in academia for 14 years, the last 9 years as the Dean of Business School at the University of South Carolina.
Currently, Dr. Vyas is in Bahrain as a Visiting Professor with Ahlia University.

Those interested in attending the event can register by sending an email to workshops@qrce.org.

Third Queen Rania National Entrepreneurship Competition Winners Announced

QRNEC LogoThe winners of the third annual Queen Rania National Entrepreneurship Competition (QRNEC) were announced just a few days ago in Amman, Jordan.

HRH Princess Sumaya, who was deputising for Her Majesty Queen Rania at the award ceremony, said that Jordan’s large pool of graduates “represents a tremendous value that Jordan creates every year”, and that the participants in this year’s competition represent “job makers rather than job seekers”, adding that their success is “important to Jordan as role models for the next generation of entrepreneurs whom they will inspire, as future employers and as innovators who are solving valuable problems for society”.

The competition, which aims to encourage a business culture among Jordanian youths, focuses on launching new competitive products and services in various technical sectors, including the environment, information, communications, water desalination, energy and agricultural technologies. It also hopes to promote the spirit of creativity and innovation among young people and highlight the significant role citizens play in social and economic development.

In her address, the Princess stressed that Jordan’s human capital is needed at home to build the country’s economy and advance society. “If we are to examine the numbers of Jordanians abroad, we learn that more than 500,000 live in the Gulf states alone, and nearly one million worldwide,” she said, adding that if the figures are examined “on how much it costs Jordan to educate these expatriates, Jordan is in fact a donor to the global economy in the form of billions of dollars worth of human capital”.

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