GII’s Eureka! GCC and iAccel Gulf Business Incubator (iAccel GBI) have joined forces to enhance support for nascent companies across the GCC. The Gulf region’s edition of Asia’s largest business model competition, Eureka! GCC, is now in its third edition. To qualify, businesses must be under three years of incorporation, established in the GCC, and not have exceeded $100,000 in external funding.
Participants in Eureka! GCC have the opportunity to pitch their business ideas to a panel of investors, venture capitalists, CEOs, and industry leaders. Winners receive the prestigious E-Cell, IIT Bombay, and GII’s Eureka! GCC title, along with a share of prizes worth US$100,000.
iAccel GBI, a catalyst in the UAE’s dynamic startup ecosystem, collaborates with Eureka! GCC for the second time. Under the patronage of Dubai SME, iAccel GBI provides mentorship and in-person support to participating startups.
Pankaj Gupta, Co-Founder and Co-CEO of Gulf Islamic Investments, emphasizes the event’s role in economic growth and innovation. He praises GII’s ongoing support for entrepreneurship in Dubai and the GCC. Deepak Ahuja, CEO and Co-founder of iAccel Gulf Business Incubator, shares the vision of fostering entrepreneurship and driving innovation in the Middle East.
GII’s Eureka! GCC offers budding entrepreneurs a platform to showcase their talents and elevate their startups. With a portfolio of over 18 tech startups from India, USA, Singapore, and an angel network of 325+ mentors and advisors from the GCC, iAccel GBI equips young talent with the necessary resources for business growth.