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Wed 26 Nov 2014 01:18 PM

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Intense training for entrepreneurs in RAK

Young Arab Leaders-UAE organises its first Startup Weekend in Ras Al Khaimah

Intense training for entrepreneurs in RAK

Ras Al Khaimah has recently joined Dubai and Al Ain in holding an intense 54-hour event for creative entrepreneurs and inspiring leaders.

The first Startup Weekend in the emirate of Ras Al Khaimah (RAK), a part of the global Startup Weekend’s network that reaches over 45,000 alumni members in more than 200 cities, was held at Higher Colleges of Technology-RAK from 20 to 22 November.

Facilitated in the UAE by Young Arab Leaders-UAE, a non-profit organisation that aims at promoting entrepreneurship in the Arab world, the RAK Weekend invited a group of prominent Emirati businesspeople including Hisham al Gurg, CEO of SEED Group, and Najla Al Midfa, Board of Directors at United Arab Bank, to advise aspiring entrepreneurs.

"Young Arab Leaders have previously held Startup Weekends in Dubai and Al Ain.

“We are excited to bring Startup Weekend to Ras Al Khaimah, and we will continue to support the startup ecosystem in the UAE to encourage innovation and promote entrepreneurship,” said Salma Kayali, executive director of YAL in the UAE and lead organiser of the Startup Weekend.

Startup Weekend, a non-profit organisation headquartered in Seattle, Washington, is the largest community of passionate entrepreneurs with over 400 past events in 100 countries around the world in 2011.

The teams, which are organically formed around start-up ideas, attend a 54-hour long training on business model creation, coding, designing, and market validation, and conclude the weekend with presenting their ideas to local entrepreneurs to receive feedback and guidance.

Out of hundreds of Startup Weekend events around the world, 35 percent of teams stay together after the event to keep building their venture.

Speaking on behalf of one of the event’s sponsors, Khalifa Fund for Enterprise Development, Mouza Obaid Al Naseri, the fund’s acting chief operations officer, said: “Startup Weekend is one of the important events that can encourage innovation and creativity among the youths, and stimulate their entrepreneurship spirit which meets the objectives of Khalifa Fund for Enterprise Development.

“Khalifa Fund is very keen to support such initiatives, the fund has launched several programmes that aim to encourage the youth to adopt innovation and creativity as an approach when establishing their businesses.”

The next Startup Weekend in the UAE will be held at Saaha Offices Block B, Level 3, Unit #304 Old Town Island, MBR Boulevard, Burj Downtown Dubai from 11 to 13 December.

For more information, visit www.up.co/communities/united-arab-emirates/rak/startup-weekend/3639 or follow @YAL_UAE