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MITEF announces winners of Saudi startup competition


The MIT Enterprise Forum (MITEF) in Saudi Arabia, a branch of the global network of MITEF, concluded the activities of the Startup Investment Forum and the StartSmart Conference, which took place from March 4 to 6. During the StartSmart Conference on March 6, names of the nine winning teams in the fifth edition of the MITEF Saudi Startup Competition were announced.
The nine Saudi winning teams won cash prizes totaling SR325,000 ($86,650). In the Startups track, the winners were: First, Hudhud Al; second, Nugttah; and third, Taffi. As for the Ideas track, SARsat came first, Themar came in the second place, while Genomez won the third prize. Finally, in the Social Enterprise track, Ad Astra won the first place, Cube DX came second, and Baleegh won the third prize. All teams will now enter the MITEF Arab Startup Competition. ....

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