The city of Jeddah is preparing to host, tomorrow, Thursday, January 2, 2025, the Global Student Entrepreneur Awards (GSEA Saudi 24/25), held at the headquarters of the global Entrepreneurs' Organization (EO). The award aims to promote entrepreneurship among students in the Kingdom, provide a platform to support their projects, and encourage them to pursue sustainability and innovation, enhancing the Kingdom's standing as a global destination for entrepreneurship.

Eligibility Requirements and Competition Prospects

The award targets students aged 18 to 30, provided they have run an active business for at least six months, with no requirement for a commercial registration. The winner of the local qualifiers will get the chance to represent the Kingdom in the global finals, which draw participants from more than 50 countries competing for cash prizes of up to $100,000. Participants also benefit from building an international network of contacts and professional mentorship that enriches their careers.

The Award's Goals and Its Role in Development

The Saudi branch of the global Entrepreneurs' Organization (EO) said the competition seeks to make a positive impact on the entrepreneurship sector by supporting innovative students and encouraging them to launch and grow their businesses. The organization stressed the importance of entrepreneurship in strengthening national economies, describing the sector as a key driver of sustainable growth.

A Global Platform for Innovators

The award represents a unique platform for students who run their own businesses to compete with peers from around the world. Its stages include a series of local and national competitions culminating in the global finals, with a focus on encouraging innovation and the sustainability of startups.