Al-Jazeera – Ali Bilal:
Mohammed bin Salman bin Abdulaziz Foundation (MESC) has announced the World Cup for Entrepreneurship competition, the Foundation's latest initiative to develop and launch the largest group of next-generation entrepreneurs in the world. This came during the MESC Global Forum 2018 held at the Four Seasons Hotel Riyadh during the period 14-15 November. The competition is in collaboration with the Global Entrepreneurship Network (GEN) and aims to support more than 100,000 organizations and new companies each year. This initiative is the first of its kind in the world to this extent and size. The MESC Foundation has developed a curriculum designed to stimulate entrepreneurship to assess their potential and accelerate the growth of their startups. The competition encourages young entrepreneurs from 100 countries around the world by giving them the opportunity to compete locally and internationally. It also encourages participants and beginners to evaluate the business model, ensure rapid growth and have the opportunity to adopt a new idea and start working directly, and try again. "Competitors will start next year to get programs to speed up education and training opportunities and will run simultaneous local competitions in all countries to select 100 winners to be announced at the Musk Global Forum 2019, which will also offer them a series of advanced courses and workshops Work and direct meetings with experts and specialists to control the success of their future projects. The competition will assess the potential of prospective young entrepreneurs and accelerate the growth of the startups. Next year's support will help competitors evaluate their business models, grow fast and discover more good ideas. "