If you think that entrepreneurship cannot start from a young age, think again! Because these kids with their smashing ideas are going to convince you otherwise.

BizWorld UAE- a social enterprise that imparts entrepreneurial skills to children aged 5-14 recently concluded its KidPreneur Challenge in Dubai. The challenge entailed students from the UAE pitching their business idea to a panel of expert judges to win the grand prize of AED2,000. 

The event, which was attended by over 50 people and held at Hamdan Innovation Incubator, was a huge success and the ideas they compiled are pretty extraordinary.

Recommended

Get Ready To Sip, Play, And Score Over 1 Million AED At Barasti’s Exciting Life-Sized Board Game Experience!Pay Just AED 66 For A Taxi Between Dubai & Abu Dhabi!Dubai Police Celebrates Indian Hero For Returning AED 100,000

One genius idea took home the top prize

From the 10 finalists who pitched their unique business ideas, Team Gamebook, consisting of three siblings (ages 12-14) took home the grand prize after presenting their business idea through an ‘elevator pitch’ and facing questions from the judges.

Their novel pitch was about a subscription based service for exchange of books between kids in UAE. 

We concluded our #KidPreneurChallenge with the greatest group of young #entrepreneurs today. Here’s a breakdown of the winners:

Grand Prize: Gambeook, a subscription-based service for exchanging books by team: Maryam Irsane (12), Abdallah Insane (14) & Ahmed Irsane — @justmeuae pic.twitter.com/RbVhcRX9Xh

— BizWorld UAE (@BizWorldUAE) January 13, 2018

Second prize went to an online education idea

The second prize was split between a brother-sister duo of kids2kids, an online academy that has educational lessons for kids by kids and Gamex, a platform for exchanging books. 

A few more snapshots from our #KidPreneurChallenge #HappeningNow at @Hi2AE with @EntMagazineME @YAL_UAE @lovindubai @insurewithpetra @wissamyounane pic.twitter.com/tHVQTeK5B2

— BizWorld UAE (@BizWorldUAE) January 13, 2018

Expert panel of judges

This first of its kind challenge in the MENA region was handled by a group of extremely accomplished people from the UAE.

The judging panel was chaired by Nabra Al Busaidi, Executive Director, Young Arab Leaders, Ramzi Ghurani, General Manager, Petra Insurance Brokers – UAE and Wissam Younane, CEO, BNC Publishing (Entrepreneur Middle East). 

According to the CEO of BizWorld UAE, Helen Al Uzaizi, the event was all about nurturing the entrepreneurial skills of the younger generation

“We organized the KidPreneur Challenge, which is the first of its kind in the entire MENA region, to encourage young people across the United Arab Emirates to pursue their entrepreneurial ambitions. We focused on this age group to reinforce the idea that by nurturing entrepreneurs at an early age they will grow up with the right entrepreneurial mindset to continue innovating and positively shape our future economy and community.”

Helen Al Uzaizi