SolarGridX wins Middle East leg of global TiE Young Entrepreneur competition

10x Industry

Mita Srinivasan
10x Industry
Published:

SolarGridX wins Middle East leg of global TiE Young Entrepreneur competition

Winner announced on virtual live finals that included Ioletics, NinoPay and Dukan – all from university students in the UAE. SolarGridX will get access to investors and mentors from the TiE global ecosystem and the opportunity to win $10,000 in prize money

TiE Dubai has selected SolarGridX, a project from Bits Pilani Dubai, as its Middle East entry for the global TiE Young Entrepreneur (TYE-U) competition. The winner was selected based on problem definition, value proposition, market identification and the viability of the project’s success. Other finalists included IoLetics also from Bits Pilani in Dubai (for its Obilizer), NinoPay from Middlesex University in Dubai and Dukan from New York University in Abu Dhabi.

SolarGridX will now compete against winners from 17 cities representing TiE Chapters across the globe to pitch to investors at the global level where one winner will take away $10,000 worth of prize money.

In a statement from TiEDubai, the SolarGridX team behind will now be mentored by TiE Dubai until September 12 including exclusive bootcamps and sessions to help the team improve their project and their chances of winning. They also get networked into a global community of investors throughout the process. In addition, TiE Dubai will work with the other finalists to help them hone and develop their projects.

Nitin Anand, Charter Member and chair of the TYE-U program at TiE Dubai, said, “We had qualified entries from 20 teams from more than 10 universities from the region. We hope to extend this to the wider MENA (Middle East & North Africa) region, opening this global and inclusive program to more youth in the region.”