Eureka! GCC 2024, Asia’s largest business model competition, is preparing once more to select and celebrate winning business start-ups across the GCC, amidst strong competition for the $100,000 prize pot at the Eureka! GCC finals on June 4th at the Hilton Al Habtoor City, Dubai.
The Eureka! GCC 2024 competition continues to grow, providing a vital platform for budding Gulf-based entrepreneurs to showcase their business ideas. This company formation support process strengthens the UAE’s startup ecosystem, helping entrepreneurs to scale their businesses and creating additional job opportunities in the UAE, in alignment with Dubai’s Economic Agenda D33.
The prestigious Eureka! GCC event, in its third edition, attracted over 300 registrations from the most promising startups across the Gulf region. After a thorough evaluation of business plans, the Eureka! GCC team shortlisted 30 semi-finalists to receive advanced entrepreneurship training, including customized workshops on efficient business planning and individualized guidance from industry experts.
Ten startups compete for the Eureka! GCC title and a share of $100,000. The event introduces an Entrepreneurship Summit where finalists showcase ideas to industry experts. Winners, chosen based on mentor feedback and evaluations, gain access to the Eureka! GCC network of successful firms.
Pankaj Gupta, Co-Founder and Co-CEO of Gulf Islamic Investments group (GII) and Founder of Eureka! GCC, commented,
“Eureka! GCC is a real game-changer for our region's business growth. Our ongoing partnership shows how much we in GII believe in supporting new ideas, emboldened by the entrepreneurial spirit of Dubai and the GCC. I extend my heartfelt gratitude to the Dubai government and industry leaders for making this entrepreneurship program such a success."
GII acknowledges iAccel GBI, Crowe UAE, Headstart Its Her Way, Encubay, LaunchShe, and The Synergy Network as key partners in Eureka! GCC 2024, pivotal in nurturing entrepreneurship through mentorship, networking, and investment, contributing significantly to regional economic development.
