A two-day event to introduce regional investors and venture capital funds (VCs) to promising Palestinian startups and export-ready innovations in Fintech, Edtech, Insurtech, AI, and Healthtech opened in Dubai on Tuesday.
The International Entrepreneurship Conference in Palestine (ICEP) is the largest and most empowering dialogue platform of its kind on the Palestinian startup ecosystem. The fourth edition (ICEP 4.0) is being held in the UAE for the first time at the Museum of the Future, Dubai.
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Titled “Innovative Palestine in the UAE; People & Potential,” ICEP 4.0 is being held in strategic partnership with DIFC Innovation Hub and with the support of Dubai Future Foundation.
ICEP 4.0 is attended by Palestinian entrepreneurs and regional representatives of business incubators, fintech accelerators, and VC funds as well as government and private sector organizations across Palestine and the UAE.
The event had a unique comment recorded by Klaus Schwab, Executive Chairman of the World Economic Forum (WEF), “I am proud to see that this program has become an important step in the autumn calendar. And you are hosting it in the UAE, a country that is very famous for its system of vibrant and fertile start-ups…This conference continues to show how young and talented Palestinian entrepreneurs can help lift the Palestinian economy and that of the wider MENA region….Youth play a fundamental role in building forward-looking solutions and in advancing the creation of policy…..At WEF, we strongly believe in the power of entrepreneurship.”
“From education, industry and healthcare, West Bank and Gaza entrepreneurs have shown that they are brimming with innovative ideas that can boost economic growth and address long-term development challenges. At IFC, we know the future is digital, and we are committed to working with partners like ICEP to help turn those ideas into businesses that can grow and expand across borders,” said Khawaja Aftab Ahmed, IFC’s Regional Director for the Middle East, Pakistan, and Afghanistan.
“There have never been more promising entrepreneurs and start-ups from Palestine. These are smart, talented founders with innovative ideas, but they need investment, mentorship, and networking opportunities to scale up. ICEP 4.0 connects the best of the Palestinian entrepreneurial system with investors from around globally, giving startups well-deserved exposure on Dubai’s global stage and helping them reach their potential,” said Hisham Kassim, Managing Partner at Levari law firm.
The annual event is held in collaboration with Global Shapers Hubs in Palestine, a community of the World Economic Forum (WEF), in collaboration with the Ministry of Entrepreneurship & Empowerment; Bank of Palestine Group; Consolidated Contractors Company (CCC); International Finance Corporation (IFC), a member of the World Bank Group; The Private Sector Innovation Program (IPSD) sponsored by the World Bank; APIC Group; and Hubert Burda Media–Germany with funding from UNEC, Reach Holding in UAE, Levari law firm, and CoolNet in Palestine.
Read more: Top Palestinian entrepreneurs will meet in Dubai at an entrepreneurship conference