Detecon Al-Saudia (DETASAD) has announced its sponsorship of the 1st German-Saudi Startup Competition organized by German-Saudi Liaison Office for Economic Affairs (GESALO). The event kicked off on March, 22nd at Rotana Hotel in Riyadh.
This event gave Saudi entrepreneurs the opportunity to pitch their business models to a jury. The winners will represent their company at the MENA Business Forum in Berlin during a four-day startup tour in Germany. This will allow them to network with leading investors, potential partners, and other stakeholders in the startup ecosystem.
“We’re proud of our leadership position within the high technology space, and delighted to work together with the German Embassy, GESALO, and our partners to support development & building of a vibrant start-up ecosystem in the KSA ICT industry,” said Mr. Felix Wass, the President , and CEO of Detecon Al Saudia.
He added: “Sponsoring this competition as an official partner of the German-Saudi Liaison Office for Economic Affairs (GESALO), is consistent with our corporate mission and is squarely within our vision of fostering creativity, innovation, and entrepreneurship. Detasad as a prime example of successful Saudi-German partnership with a track record of 36 years in ICT industry is committed to being a key contributor to the realization of Saudi Vision 2030.
“DETASAD is committed to supporting the Saudi youth startup entrepreneurs and we believe in the Saudi youth’s high capabilities in ICT industry. DETASAD is not only sponsoring this event but will provide access to DETASAD cloud, other facilities as well as providing other logistical support to selected technology startups.” Mr. Wass said.