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If you have an idea for a website or mobile app that you think could prove disruptive in the future, there is an exciting new competition coming up in Kuwait this October. You might want to participate in it for the rewards promised as they are genuinely lucrative — especially if you are keen on transforming your “big” idea into a marketable product.

Dubbed Ideathon, the event will take place at ArabNet Kuwait on Oct 8 and 9. There are a couple of fundamental criteria which all applicants must meet:

  • The idea pitched must be related to the web or the mobile industry.
  • The idea pitched should not have manifested itself in a product or a startup just yet.

The last date for sending in your entries is Sep 4, 2018. A panel of experts will review each application and assess the ideas pitched therein. Based on many factors including target market, value proposition, competitive advantage, innovation, and business model, they will shortlist five finalists and two runners-up.

The finalists will be announced on Sep 18, and they will receive one free pass to the full event each. The finalists will then have the chance to pitch their idea at the ArabNet Kuwait mainstage in front of a gathering of experts, investors, industry leaders, and government officials. To make sure everything goes smooth, the finalists will receive several rounds of guided training and feedback on their presentation ahead of the conference.

Another significant advantage of making it as a finalist is that your startup will officially become a part of the ArabNet Alumni Club, which in turn, will give you unrestricted access to its rich offerings. Oh yeah, and there will be cash prizes too, so you are not haunted by financial issues while trying to convert your ideas into tangible products.