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Announcing the Invitation for the 2024 Venture-Z Startup Competition Entries!

(2024) Venture-Z Startup Competition in Saudi Arabia

Country: Saudi Arabia
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Announcing the Invitation for the 2024 Venture-Z Startup Competition Entries!

Venture-Z, a dynamic startup competition, offers an exceptional platform for ambitious Gen Z entrepreneurs to showcase groundbreaking ideas and make a lasting impact on society. It is an initiative by the prestigious 2nd International Conference on Sustainability: Developments and Innovations (ICSDI) 2024, bringing together brilliant minds and forward-thinking individuals dedicated to shaping a better future.

Eager entrepreneurs have the opportunity to pitch their inventive concepts to prominent investors and industry experts through the exhilarating Venture-Z Startup Competition. This platform not only allows you to actualize your entrepreneurial aspirations but also highlights the forward-looking perspective of Generation Z. Join us at ICSDI 2024 to connect with avant-garde thinkers and prospective business trailblazers. Participants can not only present their ideas and showcase products or services but also vie for invaluable mentorship and investment prospects in this thrilling event.

Whether your venture boasts a groundbreaking product, disruptive service, or innovative technology, the Venture-Z Startup Competition serves as the ideal launchpad to propel your startup journey. Seize this chance to spotlight your entrepreneurial spirit, garner recognition, and secure the resources necessary to elevate your venture to unprecedented heights.

This track focuses on startups that bring innovative solutions in mechanical, civil, electrical, or environmental engineering fields. It encompasses areas such as advanced materials, energy systems, infrastructure development, and environmental technologies.

  • Track 1: Engineering Innovations

This track spotlights startups presenting inventive solutions within mechanical, civil, electrical, or environmental engineering realms. It covers diverse areas including advanced materials, energy systems, infrastructure development, and environmental technologies.

  • Track 2: | Sustainable Business Ventures

Dedicated to startups integrating sustainable practices into their business models, this track spans areas like sustainable supply chains, green manufacturing, eco-friendly products, and ventures in renewable energy.

  • Track 3: Environmental Solutions

This track is open to startups that combine business innovation with social impact. It includes initiatives that tackle social issues, promote inclusivity, empower communities, and contribute to sustainable development goals.

  • Track 4: Social Entrepreneurship

This track centres on startups that contribute to the development of future cities through innovative urban planning, smart infrastructure, sustainable transportation, IoT-enabled urban solutions, AI-driven urban management systems, and sustainable urban development practices.

The judging panel will assess startup pitches using criteria such as innovation, market potential, feasibility, team capability, and scalability. Participants will receive the specific judging criteria in advance, aiding them in preparation and aligning their presentations accordingly.

  • Cash Prizes:

    The 1st place winner 30, 000 SAR

    The 2nd place winner 20, 000 SAR

    The 3rd place winner 10, 000 SAR

  • The Venture-Z Startup Competition offers attractive prizes and recognition for the winners. In addition to the cash prize the winner may receive financial support, mentorship opportunities, access to networks, and exposure to potential investors and industry leaders.

Note: The exact details of the prizes will be announced closer to the competition date.

 Eligibilities of Venture-Z Startup Competition

The Venture-Z Startup Competition is open to aspiring entrepreneurs and startup teams from diverse backgrounds and industries. Participants must meet the following criteria:

  • Must be 18 years of age or older.

  • Must have a viable business idea or an early-stage startup.

  • Individuals or teams can participate (team size restrictions is 5 members).

  • International participants are welcome.

Eligible Regions: Open for All.

Journey for Venture-Z Startup Competition

Application Submission | December 1, 2023

  • To participate in the competition, all interested teams must submit an application form providing essential details about their startup. The application form will be available on ICSDI website typically includes information such as the team’s background, business idea, target market, and current stage of development.

Initial Screening | December 15, 2023

  • The submitted applications will go through an initial screening process conducted by the ICSDI organizing committee. This screening aims to evaluate the eligibility and alignment of the startup with the competition’s theme and criteria. Applicants who meet the initial criteria will proceed to the next stage.

Selection Criteria | December 30, 2023

  • The qualifying process will consider various criteria to assess the startups. These criteria may include factors such as innovation, market potential, feasibility, scalability, team capabilities, and alignment with the theme of the competition. The judging panel will review and evaluate each application based on these criteria.

Mentorship Program | January 30, 2024

  • Shortlisted teams will have the opportunity to work closely with experienced mentors during a dedicated mentorship program. This program spans over five days and focuses on refining and enhancing the startup ideas. Mentors will provide guidance, insights, and expertise to help teams strengthen their business models, improve their value proposition, and address any challenges they may face.

Pitch Presentation | February 19-20, 2024

  • After the mentorship program, shortlisted teams will be invited to deliver their pitch presentations to a panel of judges. During this stage, teams will have the opportunity to showcase the progress they have made, present their refined business models, market analysis, and growth potential. The judges will assess the presentations based on predetermined evaluation criteria and select the top teams to proceed to the final round.

Final Round | February 21, 2024

  • The final round of the competition will involve additional evaluation and may include elements such as Q&A sessions, prototype demonstrations, or business plan reviews. The top-performing teams will be recognized and awarded based on their performance and potential.

Join us on Telegram for more opportunities!


Type of Opportunity Competitions and Awards
Deadline01 December,2023
CountrySaudi Arabia
Organizer Venture-Z Startup
Contact the organizerPrince Sultan University (PSU) P.O.Box No. 66833 Rafha Street, Riyadh 11586 Saudi Arabia



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