Global Startup Competition The Venture 2017 Launches US$1 Million Fund

Taka Solutions/The Venture

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

The search is on! The Venture, a global competition staged by Chivas, is back to seeking promising, up-and-coming startups that also have positive impact. The competition is open to startups that have a working business model and at the same time, create social good with its endeavors. With 32 countries taking part, each region will have its regional round, whose winners will participant in the grand finals for a chance to win and share a stake from the US$1 million social entrepreneurship fund. Last year’s judges at the grand finale in New York included Eva Longoria, Sonal Shah, Joe Huff and Alexandre Ricard.

The contest has had an impressive line up of social entrepreneurs over the years: the 2015 GCC winner was Dumyé, presented by founder Sahar Wahbeh, a brand creating handcrafted eco-friendly dolls that can be personalized and donates to an NGO with every purchase, while the 2016 GCC winner was Taka Solutions, presented by founder and Managing Director Charles Blaschke and co-founder and Commercial Director Chris Burkhadt, a startup which aims to use its tech to save money and reduce the world’s energy consumption.

Think you have what it takes to represent the GCC region and have a stake at the $1 million fund? Head to The Venture and apply before 30th November 2016.

Related: Startup Taka Solutions Wants To Spread Responsible Consumption Using Green Tech

The search is on! The Venture, a global competition staged by Chivas, is back to seeking promising, up-and-coming startups that also have positive impact. The competition is open to startups that have a working business model and at the same time, create social good with its endeavors. With 32 countries taking part, each region will have its regional round, whose winners will participant in the grand finals for a chance to win and share a stake from the US$1 million social entrepreneurship fund. Last year’s judges at the grand finale in New York included Eva Longoria, Sonal Shah, Joe Huff and Alexandre Ricard.

The contest has had an impressive line up of social entrepreneurs over the years: the 2015 GCC winner was Dumyé, presented by founder Sahar Wahbeh, a brand creating handcrafted eco-friendly dolls that can be personalized and donates to an NGO with every purchase, while the 2016 GCC winner was Taka Solutions, presented by founder and Managing Director Charles Blaschke and co-founder and Commercial Director Chris Burkhadt, a startup which aims to use its tech to save money and reduce the world’s energy consumption.

Think you have what it takes to represent the GCC region and have a stake at the $1 million fund? Head to The Venture and apply before 30th November 2016.

Related: Startup Taka Solutions Wants To Spread Responsible Consumption Using Green Tech

Related Content

Business News

EntME Resilience Issue: Inside the GCC’s Business Response to Heightened Regional Tensions — Live Updates

Despite the uncertainty caused by escalating regional tensions, the GCC’s private sector continues to press ahead.  In this live-updating feature, Entrepreneur Middle East tracks how founders, executives, and operators are navigating real-time challenges—sharing the obstacles they face and the practical solutions keeping their businesses running.Scroll down to explore our Resilience Playbook—a curated collection of practical […]
Business News

“UAE Banking and Financial Sector is Resilient, Strong, and Stable,” Says UAE Central Bank Governor H.E. Khaled Mohamed Balama

H.E. Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates, said the UAE’s banking and financial sector continues to operate normally, with institutions delivering services nationwide without disruption. “The UAE’s banking and financial sector continues to demonstrate the highest levels of resilience and stability,” he said, noting that banks, financial institutions, […]
Business News

SPARK, Nokia Sign MoU to Advance Innovation and Talent Development

Sharjah Research, Technology and Innovation Park (SPARK) has signed a Memorandum of Understanding (MoU) with Nokia Solutions and Networks AE to expand collaboration in knowledge exchange, accelerate innovation, and develop capacity-building programs aimed at strengthening the regional innovation ecosystem. The agreement was signed during SPARK’s annual Ramadan Majlis in the presence of Her Highness Sheikha […]