Innovation 4 Impact Is Looking For Startups That Contribute To Growth Of Islamic Digital Economy

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A 2015 Thomson Reuters study titled Digital Islamic Economy Report forecasts that the Islamic digital economy is set to grow at a CAGR of 17% by 2020, beating the growth of the global digital economy by almost 2%. The study also expects “sharing economy, social commerce, retail e-commerce, food logistics, and Islamic finance” sectors to contribute to this growth. With an objective to nurture and promote technology entrepreneurs during this growth phase of Islamic digital economy, Dubai Silicon Oasis Authority (DSOA) and Thomson Reuters, along with the American Muslim Consumer Consortium, are conducting the Innovation 4 Impact 2016 competition on October 11-12, 2016 at Madinat Jumeirah, in Dubai. This is the second edition of the event, which was first launched at the Global Islamic Economy Summit (GIES) 2015, and the challenge will run again this year alongside GIES 2016.

Image credit: Innovate 4 Impact Challenge.
pitch hurry up with your nomination

Related: Bahrain To Play Host To Seedstars GCC 2016

A 2015 Thomson Reuters study titled Digital Islamic Economy Report forecasts that the Islamic digital economy is set to grow at a CAGR of 17% by 2020, beating the growth of the global digital economy by almost 2%. The study also expects “sharing economy, social commerce, retail e-commerce, food logistics, and Islamic finance” sectors to contribute to this growth. With an objective to nurture and promote technology entrepreneurs during this growth phase of Islamic digital economy, Dubai Silicon Oasis Authority (DSOA) and Thomson Reuters, along with the American Muslim Consumer Consortium, are conducting the Innovation 4 Impact 2016 competition on October 11-12, 2016 at Madinat Jumeirah, in Dubai. This is the second edition of the event, which was first launched at the Global Islamic Economy Summit (GIES) 2015, and the challenge will run again this year alongside GIES 2016.

Image credit: Innovate 4 Impact Challenge.
pitch hurry up with your nomination

Related: Bahrain To Play Host To Seedstars GCC 2016

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