Posted on May 03, 2017

INJAZ Qatar, a non-profit organization and a member of Junior Achievement (JA) Worldwide, will host the Mubadara Awards Ceremony at Hamad Bin Khalifa University Student Center on Saturday 13th of May; recognizing some of Qatar’s most outstanding young entrepreneurs. This year’s Mubadara Awards Ceremony will be held under the Patronage of H.E Mr. Salah Bin Ghanim Al Ali, Minister of Culture & Sports in Qatar.

Mubadara is INJAZ Qatar’s most interactive and popular education program during which student enterprises are established through Junior Achievement’s globally recognized “Company Program™” and is a prominent feature in the INJAZ Qatar calendar of activities.20 student teams were provided with the unique opportunity to establish and run a real business over a period of five months with the guidance of professionals from leading businesses across Qatar. Only 16 student teams made it to the final stage of the program; 9 Student teams from Qatar’s independent and private secondary schools and 7 teams from universities in Qatar. During the program, students go through the entire life cycle of a startup venture as they develop a business idea, form a team, raise capital of up to QAR 11,000, devise business plans, and produce and sell a product or a service. Towards the end of the five months of activity, students present their entrepreneurial ideas before a judging panel of business leaders from the local market.

In the upcoming Mubadara 2017 Awards Ceremony, the innovative products and services developed by the student companies will be exhibited and the winners of this year’s competition will be announced with the opportunity to represent Qatar at the 2017 regional finals. Students will vie for one of four awards, which are: The Best Company of the Year award sponsored by "ExxonMobil", Most Innovative Product/Service award sponsored by "Hamad Bin Khalifa University", the Best Marketing Plan award sponsored by "Muntajat" and the Best Social Impact Award.

The team winning Best Company of the Year Award (University level) will be given ongoing support by "QBIC" (Qatar Business Incubation Center) and seed Funding of QAR 35,000 from "BOEING" to start their real business.

“I am very pleased that ExxonMobil Qatar is a Platinum Sponsor of Mubadara 2017 - INJAZ Qatar’s Annual Young Enterprise of the Year Competition. This competition is one of the most meaningful, one of the most important, and one of the most special of the many programs we have shared with INJAZ Qatar since we joined forces in 2007. It represents our commitment to building a generation of dedicated, skilled and ambitious individuals who can create a sustainable future for Qatar,” said Alistair Routledge, President and General Manager for ExxonMobil Qatar.

“With the support of mentors and corporate volunteers, the competition allows students to develop a whole range of skill sets in leadership, project management, communication and collaboration. These are the individuals with the insight and imagination to anticipate the challenges and opportunities of the 21st Century, and their contributions are critical to achieving Qatar’s growth ambition. We are excited to reward their hard work next week at the awards ceremony.”

The Awards Ceremony will host more than 350 guests, including INJAZ Qatar’s Board Members and representatives from the private and public sector including education sector in Qatar.

“Educating and inspiring young people across the region is a critical focus for Boeing in the Middle East. Governments are looking to diversification and economic sustainability, and our partnership with INJAZ in Qatar and across the region will help develop the future entrepreneurs that bring to life this long-term strategy. This program gives young Qatari entrepreneurs the perfect catalyst to turn their ideas into reality,” added Bernard Dunn, president of Boeing Middle East, North Africa and Turkey.

This year’s Mubadara Award Ceremony sponsors are: ExxonMobil as Platinum Sponsor, "Hamad Bin Khalifa University" as Gold Sponsor and "Muntajat" as Silver Sponsor. BOEING is the strategic partner for the Start-Up program,Qatar Business Incubation Center (QBIC) is the Incubation partner who will host the winner.