TiE Dubai announces second edition of TiE Women competition for women entrepreneurs in MENA
The Dubai chapter of The Indus Entrepreneurs (TiE) has officially launched the second edition of TiE Women, a global initiative dedicated to helping women-run and women-owned businesses reach their full potential by empowering them with the necessary support to build their leadership skills and grow their businesses.
Nominations for the second edition of TiE Women for the Middle East leg will be open from 31st March to 1st July 2021. The initiative will offer participants a year-long comprehensive program designed by TiE Dubai that includes mentorship sessions with renowned and experienced industry leaders, financial advisory services, strategy coaching, workshops on practical business planning and tips to nail the perfect investor pitch. Selected women entrepreneurs will present their business ideas to a panel of independent jury members comprising of successful entrepreneurs, investors, corporate executives, and exceptional women leaders. The Arab region winner, along with three runners-up, will be announced on 1st September 2021.
Underscoring TiE Dubai’s ongoing commitment to advancing women entrepreneurs, Shameema Parveen, Program Co-chair for TiE Women at TiE Dubai commented, “Even though startups by women founders actually perform better over time, generating 10 percent more in cumulative revenue over a five-year period and 78 percent revenue for every dollar of funding, the gender investment gap is a reality. Companies with women founders have received only about 2 percent of all venture capital invested. We at TiE Women address such gaps by providing a platform for women entrepreneurs with access funding, investors, mentors, learning and networking.”
The initiative will culminate in a grand finale with participation from finalists across TiE’s global chapters to be held during ‘Expo 2020’ in the UAE for a chance to win valuable prizes up to 100,000 USD and support from mentors and investors.
Participants can submit their nomination on https://bit.ly/3rY2v7K. Apart from being a women-run or women-owned business, participating start-ups should be in the early stage of at least 3 years or late-stage of up to seven years to meet the eligibility requirements.