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Gitex 2016 Launches New Global Startup Movement by technative(f): 2:09pm On Mar 28, 2017
GITEX STARTUP MOVEMENT to present over 400 companies to more than 146,000 investors, visitors and 22,000 C-suite executives from around the world

Dubai, United Arab Emirates

GITEX Technology Week will launch and host GITEX STARTUP MOVEMENT, one of the most global startupgatherings in the world with over 30 countries represented, as it brings together entrepreneurs, innovators, investors, mentors and buyers for the first time in Dubai.



The GITEX STARTUP MOVEMENT will convene over 400 startups and more than 1,000 entrepreneurs, investors and mentors from theglobal startup ecosystem.The exclusive set-up will highlight the most innovative startups around the world and provide them a platform to sell, form partnerships and attract investors. Participants will also be able to pitch for prizes, attend an interactive conference to address challenges faced by entrepreneurs and meetleading industry figures.The initiative has already garnered tremendous interest and momentum from supporters across the globe including Business France, Cross Trade agency in Singapore, Digi Robotics in the UAE, Egypt’s Information Technology Industry Development Agency (ITIDA), Japan’s Jetro agency, Marco Trade Export in Morocco, Star Systems agency in Iran and STC from KSA.



AmjadShacker, Corporate Communication GM at STC, commented: “InspireU is an STC initiative to promote, support and develop digital startups and nurture and consolidate the startup ecosystem in the MENA region and create sustainable value. We believe that “to inspire is to empower” and we do that by providing the directions and tools to budding entrepreneurs to achieve their dreams. STC strongly supports the launch of the GITEX Startup Movement and is proud to co-present the top tier prize of the event to the best global startup.”



“The need for local and regional startup ecosystem consolidation, learning from global best practices, and exposure to global investment network, is imminently evident. STC considers GITEX Startup Movement addressing this need; it will help regional players to learn and mature as well as expose them to the global buyers and investors. STC will showcase the achievements of InspireU by showcasing its incubatees, connect them to the broader network, attract future deal flow and share the roadmap for the future. STC is participating in the Global Startup Movement to inspire and be inspired,” said Shacker.



Eric Morand, Director of Tech & Innovative Services Division at Business France, said: “Business France, as a loyal exhibitor of the GITEX Technology Week, is very happy to be part of the GITEX Startup Movement. We are certain that this new movement will gather regional startup ecosystem as well as well as the global startupecosystem. This will be therefore, the perfect platform to introduce the French Tech initiative, which proved to be a success in events such as CES, Web summit, 4YFN, etc.”



The Arab world has a burgeoning youth demographic. More than 60 per cent of the 350 million population is under the age of 25. Young millennial Arabs are online, mobile, using technology and becoming entrepreneurs with the strong support of government initiatives. The UAE leads the way in the region on revolutionary smart cities transformation and diversification of economies.Across Middle East & Africa, entrepreneurs are at the heart of the digital revolution as ICT spending increases across the region.



“Startups from all over the globe, women, youth and Arab entrepreneurs are a very real force of change that is making a positive impact in our society. They need supportive ecosystems to nurture and enable their growth and success. GITEX Technology Week has a strong legacy as one of the leading international tech events and is uniquely positioned to turn the spotlight onstartups. With a force of 146,000 technology professionals and 22,000 C-suite executives at GITEX, Startups gain immediate access to a powerful industry network and massive technology marketplace, entry into growth markets in Middle East &Africa,and canfuture-proof their business plans, products and services.” said Trixie LohMirmand, Senior Vice-President, Exhibitions and Events Management, Dubai World Trade Centre.



“The Tesla Foundation is proud to be a part of the GITEX Startup Movement. The foundation is focused on building the bridge between private and public organizations to create new technologies and companies and the Middle East & Africa presents a unique opportunity. We have been graced with the strength of government support and the burgeoning entrepreneur scene that is in the region. As a science and technology Foundation focused on robotics and automation, “Cyber-Physical Systems,” GITEX enables us to expand our network by connecting with innovators, entrepreneurs, and companies to include in the Tesla STEM (Science, Technology, Engineering, and Mathematics) Farm System,” said Keith Kaplan, CEO Tesla Foundation.

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