What is the Entrepreneurship World Cup (EWC)?

The Entrepreneurship World Cup (EWC) 2024 is the largest competition of its kind globally, with entrepreneurs participating from 151 countries. The competition was launched by the Mohammed bin Salman Foundation (Misk) in 2019 in partnership with the Global Entrepreneurship Network, with the finals held annually in Riyadh. The competition provides training, guidance, connections with investors, and cash prizes totaling up to one million US dollars, in addition to various in-kind prizes exceeding one million US dollars.

Competitors are filtered and selected through national competitions in 151 countries, and then the top 100 qualifiers proceed to the finals of the Entrepreneurship World Cup, which will be held in Biban24 Forum.

What are the objectives of the competition?

- Supporting entrepreneurs from all over the world and in various fields, whether their startup is in the idea stage, early-stage (seed), or in the growth stage.

- Providing entrepreneurs with tools and resources to develop their startups, hone their presentation skills, and interact with a global network of mentors and guides.

- Facilitating communication with global investors and networks and representing the Kingdom in international forums.

What is the targeted impact so far?

- +16,000 competitors

- 151 countries

- 100 finalists for the final qualifiers

- 120 investors through the Entrepreneurship World Cup portal

- +7,500 training hours

- $1,000,000 in cash prizes

Who is the targeted audience (competition tracks)?

Entrepreneurs at any of the following stages:

- Idea stage

- Early-stage

- Growth stage

What are the advantages and rewards?

Growth Stage:

  - 1st Place: $200,000

  - 2nd Place: $140,000

  - 3rd Place: $70,000

Early Stage:

  - 1st Place: $100,000

  - 2nd Place: $75,000

  - 3rd Place: $60,000

  - 4th Place: $45,000

  - 5th Place: $35,000

Idea Stage:

  - 1st Place: $50,000

  - 2nd Place: $25,000

Priority Sectors:

  - Human Health: $50,000

  - Environmental Sustainability and Basic Needs: $50,000

  - Leadership in Energy and Industry: $50,000

  - Future Economies: $50,000

What is the timeline of the competition?

1. Registration for the competition

2. Virtual training for registered participants in the competition

3. Initial qualification (national competitions in several countries around the world)  

4. Announcement of winners in national competitions  

5. Hosting the virtual camp  

6. Announcement of the top 100 competitors  

7. Quarter-finals and semi-finals at Biban24 Forum  

8. Finals and closing ceremony of the competition at Biban24 Forum  

9. Supporting the winners of the competition through the supporting entities