'Zain Great Idea' witnesses great youth turnout

Zain mentioned in a press release that the project it had launched in association with Madrid's IE Business School and Brilliant Lab (BL); a startup accelerator services company, aims at supporting the growth of small businesses in Kuwait, which has witnessed many promising ideas and projects from young entrepreneurs.

The company advises interested entrepreneurs to complete the registration form and submit their ideas on the Zain Great Idea website before end of Sunday, at which the site will cease accepting new joining requests.

Zain Great Idea was launched with an aim of providing the suitable environment for the business ideas of Kuwaiti entrepreneurs, which will eventually help them to apply these ideas into the real business world.

The project consists of 6 phases that are carried out for a duration of 6-9 months. The owners with the qualified ideas will attend an introductive orientation session, prior to attending a comprehensive training course at the IE business school in Spain.

The participants will be trained by elite business professors on the main components of a successful startup, and will be able to pitch their ideas to investors in Spain during the Venture Day at IE Business School.

Finally, a series of consultation sessions will be conducted upon return to Kuwait with Brilliant Lab to revise each of the participant's business plans.

Finally, the participants will take part in Zain's Demo Day with a chance to showcase their business plans and product and services to local investors.

On this occasion, Waleed Al Khashti - Zain's Corporate Communications and Relations Department Manager, commented, "The first stage of the 'Zain Great Idea' has seen a large turnout by the young entrepreneurs, which is a source of delight and pride for us. At Zain, we acknowledge the amount of creative young individuals who need to demonstrate their capabilities in the field of business with guidance and support. It is part of our corporate social responsibility program and long term strategy to provide a suitable environment to nourish these startups and ideas to benefit the economy, all in alignment with the country's economic nationwide agenda of development."