Jeddah, January 4, 2025 – The Global Student Entrepreneurship Awards (GSEA) Saudi 2024/25 competition officially kicked off today at the headquarters of the Entrepreneurs' Organization (EO) in Jeddah. The event marks a significant milestone for Saudi Arabia’s growing entrepreneurial ecosystem, as it provides a platform for student entrepreneurs to showcase their innovations and business ventures on a global scale.
According to a press release from EO Saudi Arabia, the GSEA competition aims to fuel positive social and economic change through entrepreneurial innovation. By empowering young entrepreneurs, the initiative fosters a culture of creativity, leadership, and sustainable business practices. "The entrepreneurship sector plays a crucial role in driving economic growth and development worldwide," the press release emphasized, underlining the importance of such competitions in shaping the future of global economies.
GSEA is a unique and prestigious global platform designed exclusively for student entrepreneurs who not only have a vision but also own and operate their businesses. The competition provides these driven individuals with invaluable opportunities to connect with like-minded peers, mentors, and industry experts from across the world. By participating, students gain exposure to new ideas, feedback, and support to help them scale their ventures while also inspiring others to embrace entrepreneurial thinking.
The competition is set to highlight the importance of innovation and entrepreneurship as powerful tools for driving change. It encourages young individuals to think beyond traditional business models and find solutions that address pressing societal challenges. Through this initiative, GSEA seeks to amplify the voices of the next generation of business leaders who are committed to creating impactful and sustainable ventures.
EO Saudi Arabia expressed its pride in hosting the event, recognizing the pivotal role that student entrepreneurship plays in not only fostering innovation but also contributing to the Kingdom’s Vision 2030 goals. With its emphasis on entrepreneurship, education, and innovation, Saudi Arabia continues to create a conducive environment for young people to excel and make a meaningful impact on both local and global scales.
As the GSEA competition unfolds over the coming months, it promises to be an exciting and enriching experience for Saudi Arabia’s brightest young business minds. Through collaboration, mentorship, and exposure to a global entrepreneurial network, participants are poised to transform their innovative ideas into thriving businesses that could shape the future of the Kingdom and beyond.