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Al Fikra, Qatar's National Business Plan Competition 2014 Overview January 2014

Al Fikra, Qatar's National Business Plan Competition 2014 Overview January 2014. Objectives. Raise awareness about entrepreneurship and promote community interest on starting new enterprises.

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Al Fikra, Qatar's National Business Plan Competition 2014 Overview January 2014

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  1. Al Fikra, Qatar's National Business Plan Competition 2014 Overview January 2014

  2. Objectives • Raise awareness about entrepreneurship and promote community interest on starting new enterprises. • Provide project flow to the different incubators and thus reinforce the Entrepreneurial eco-system. • Convert business plans into a real businesses. • Foster creativity and introduction of new products and services, which in turn would lead to emergence of new businesses and hence diversification in the local market.

  3. Timeline Launch Date: January 23rd 2013 End Date: May 9th 2013 Applicants 2013 127 Business Ideas were submitted (Registered Applications) 80 Business Plans were submitted 69 Business Plans were Eligible for Judging Panel Evaluation 6 Winners 54% of total submissions were eligible Workshops Six awareness sessions Five Financial Statement Analysis Five Business Plan Writing Two “A to Z of Entrepreneurship” Workshops 290 people attended the workshops Al Fikra 2013 – Background Overview

  4. Al Fikra 2013 – Workshops If you wish to conduct more workshops, please contact us: halmisnad@eq.gov.qa +974 40125021

  5. Al Fikra 2013 – Background Overview Total Applications Breakdown by Sector

  6. Lessons Learnt – Al Fikra 2013 • Integrate Arabic language completely into Al Fikra • Provide Greater Prizes, both cash and support • Streamline Application Process (Business Idea, Business Plan, Presentation) • Engage stakeholders and academic partners in the planning stage • Provide a call center • Expand our marketing campaign to reach a larger audience

  7. Timeline Announcement: November 17th -19th 2014 Launch Date: January 12th 2014 End Date: TBD with Academic Partners Applicants 2014 (Forecasted) 130 Submissions 6 Winners Workshops (Forecasted) SixFinancial Statement Analysis SixBusiness Plan Writing Three Workshops led by Sponsors One to One Coaching Sessions *All Arabic Workshops will be held at Qatar University Al Fikra 2014

  8. Target Audience

  9. Eligibility Criteria • Qatari college students and new graduates from Qatar • Qatari professionals, entrepreneurs and postgraduates with business plans for Qatar • For teams of residents living in Qatar, a Qatari partner per team is required in order to set a business with a legal structure that could be operated and registered in the State of Qatar

  10. Proposed Awards *This applies to both categories

  11. Best University Awards One University will receive a cash prize of 50,000 QAR for participating and being the most involved This will be measured through the following: • Amount of applications from that particular university • Amount of attendees to workshops from that particular university

  12. Marketing Brief

  13. Marketing Deliverables Posters Web Banners E-mail Shot Backdrop Roll Ups Welcome Pack & Notepad Brochure & Notepad Bag USB Envelope & Invitation E-Invite Awards & Plaques Certificates & Cheques Film Print Ads Gift Item

  14. KPIs • Reach/Exceed Forecasted Applicant Target • No. of People attending workshops • Social Media Reach (compared to last year) • Number of eligible applicants • Higher involvement of Qatari participants

  15. Milestones

  16. Platinum Sponsors

  17. Start Up Development Partner

  18. Economic Development Partner

  19. Academic Partners

  20. Enterprise Qatar www.eq.gov.qa www.alfikra.qa Tel: 40125000 Fax: 40125001

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