The competition is
considered a comprehensive theoretical and scientific educational program. The
competition aims to encourage teaching students the missing step in the
educational system, which is how to transfer, employ, market, and practically
apply the knowledge they have gained at university. This is achieved through
changing the educational culture towards entrepreneurship and business
management, and bridging the gap between the university and the industry. The
competition also aims to encourage and teach the tools of innovation in order
to find individual solutions to national and social problems. This is achieved
through the competition, which is considered a method to design and execute a
comprehensive training and education program that addresses the needs of students
and researchers.
The competition is
associated with creating an incubator for the university’s work, which would
have its own program that aims to sponsor selected projects in order to allow
them to reach the execution and marketing stage, as a practical statement, and
is not simply limited to handing out prizes to the three winning teams at a
celebration at the university.
The foundation
sponsored the second and third phases of the competition, to allow the three
winning teams’ project to materialize into existing businesses.
