Zain Telecom announced that tomorrow, Thursday, January 14th, will be the last day to register for the sixth virtual version of its innovative program, “Zain Great Idea”, to accelerate and develop emerging technology projects, noting that it has so far met a wide response by the initiators in Kuwait to register their ideas. And their startups.
The company stated in a statement that it has so far received many applications to register in the program, which this year comes in a completely virtual version to adhere to the health requirements imposed by the “Covid-19” pandemic, by the initiators and owners of creative ideas, both those who have startup companies at the beginning Its career or under establishment, especially those working in the technology and digital transformation sectors.
Zain stated that upon the end of the registration period, the jury will review all applications and select the participants who will move to the next phase of the program, which is the training camp phase, which will be held hypothetically this time over a period of 4 weeks.
The program will include specialized workshops, training lectures, and panel discussions with the participation of elite academics and trainers from major international educational institutions, such as “IE Business School”, “MIT”, “Stanford” and others, in addition to individual counseling sessions for each final participant.
«Zain Great Idea» provides a renewed opportunity for local talent and the entrepreneurial community, and is one of the most successful initiatives launched by the company in the business environment in Kuwait, under the umbrella of its integrated strategy for sustainability and support for innovation and entrepreneurship, through which it has embraced over the last ten years hundreds of young people Creative Kuwaitis who have successful SMEs operating in the local and regional markets to this day.
Zain is presenting the program in joint cooperation with the Brilliant Lab Foundation, which aims to accelerate small and medium-sized companies, and the Global Mind The Bridge Consulting, based in Silicon Valley in the United States, which seeks to provide a practical environment with global standards for young people to innovate and accelerate their small projects .
Zain is aware of the importance of the role of private sector institutions in supporting areas of social and economic sustainability, based on its growing commitment to the sound exercise of its social responsibility, and is committed to making positive effects in all its activities, which prompted it to adopt the issues that affect the most important fabric of society, including attention to youth and entrepreneurship And creativity.
The initiatives and programs offered by the company provide young people with unique opportunities to enable them to access information and share ideas.
The training programs provided by the company, the sponsorships it is keen on in the fields of technology, the multiple training grants programs, the e-learning portals and others, embody this strategic direction of its plans to enhance its sustainability areas.
Terms and Conditions
Registration in the virtual training camp and the investment committee will be open to individuals of all nationalities from 21 years and over, noting that priority for registration will be given to Kuwaiti startups first.
The applicant must be the co-founder or co-founder of the startup, and it is possible to submit one joint project that includes more than one person (a group team), as only two people from the team will be allowed to participate in the training gathering in case of acceptance, and the project idea can be applicable in Kuwait. Or any other, as it can be applicable to technology and digital transformation.
The investment committee consists of members from Rasameel Investment Company, “Brilliant Lab” and “Zain” management. 10 start-up companies will be selected from the training camp to advance to the fifth stage, which is the stage of administrative and media support from Zain.
Copies of the terms and conditions in Arabic and English will be provided to each applicant of the information and agreed to.
Registration and camp
After agreeing to the terms and conditions, the initiator registers the idea of his emerging technology company, by filling out the electronic form on «zaingreatidea.com», and attaching any documents or videos (if any) about the idea. The qualified participants will go through the virtual training camp stage over a period of 4 weeks, and will be familiarized with the basics of accelerating technological start-ups, in various training workshops, seminars and lectures run by international certified trainers from major international educational institutions, such as “IE Business School”, “MIT” and ” Stanford »and others.