Earlier this year, the MENA Insurtech Association launched a groundbreaking initiative aimed at promoting innovation and entrepreneurship in the MENA region's insurance industry. The initiative took the form of a regional competition, which was held in five countries across the MENA region, including Qatar, Saudi Arabia, UAE, Oman, and Egypt. In addition to this, virtual competitions were also held, which allowed startups from the wider MENA region and beyond to participate.
The competition provided a platform for innovative startups to showcase their ideas and technologies to potential investors and industry leaders. Shortlisted startups will have the opportunity to present their ideas during the finals, which will take place at the MENA Insurtech Summit in Doha in May 20,21,22 2023. This will give them the chance to gain investment, valuable exposure, mentorship, and access to potential business deals with QIC Digital Venture Partners (QIC/DVP).
Overall, this competition has the potential to revolutionize the MENA region's insurance industry by promoting and supporting the development of cutting-edge technologies and innovative ideas.
Launchpad helps entrepreneurs turn their ideas into successful businesses by offering resources like mentorship, networking opportunities, and seed funding. It provides entrepreneurs with support to validate their ideas, develop solid business plans, and receive guidance in areas such as marketing, operations, and finance.
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