The final of the Enterprise Challenge Qatar competition was held recently in Doha, in the presence of distinguished guests from Qatar, the U.K. and the Netherlands. Mosaic’s Enterprise Challenge has been delivered in Qatar in partnership with Qatar Shell and Bedaya since 2012. This year a business pitching element was introduced for the first time, further challenging students to devise an idea for a sustainable business which supports Qatari society.
The winning team announced at the final in Doha was ‘El Classico’ from the College of North Atlantic Qatar (CAN-Q) who beat 11 other Qatari universities, winning QR20,000 to fund their idea and facilitate its implementation on campus. Second place was awarded to the ‘Virtuoso’ team from Qatar University, while ‘The Price Takers’ team from Carnegie Mellon University came third.
The ‘Enterprise Challenge Qatar’ is an annual competition that encourages and inspires the entrepreneurial spirit among young people in the country. It enhances their business knowledge and equips them with valuable skills including team work and strategic thinking.
Abdulaziz Al-Khalifa, Chief Executive Officer of Qatar Development Bank and Chairman of Bedaya Centre, said: “We believe that entrepreneurship is the cornerstone of a knowledge-based economy.
“I am pleased by the continuous success of our partnership with Qatar Shell, which has led to over 120 mentors from across the country’s business and academic community contributing their valuable time and energy to coach the students through a series of intensive mentoring sessions.”
Michiel Kool, Managing Director and Chairman of Qatar Shell Companies, said: “We are delighted that the ‘Enterprise Challenge Qatar’ programme continues to expand and increase in popularity. Over the past three years, it has reached more than 1,200 students, and this academic year we hope to almost double that figure.”