Leap 2024 is a major technology event that will be held in Saudi Arabia in 2024. It is expected to attract over 100,000 attendees and 5,000 startups from around the world. The event will provide a platform for startups to showcase their products and services, connect with investors, and learn about the latest trends in technology. The event featured over 1,000 speakers, including government officials, entrepreneurs, investors, and thought leaders. The event covered a wide range of topics related to the future of technology, including artificial intelligence, blockchain, and the metaverse. The event resulted in over $10 billion in deals being signed and was seen as a major milestone in Saudi Arabia’s efforts to become a global hub for innovation and technology.
Some key insights from LEAP 2023:
- The importance of digital transformation: The event highlighted the need for businesses to embrace digital transformation in order to remain competitive. Digital transformation is the process of using technology to change the way a business operates. This can involve anything from adopting new software to completely overhauling the way a business interacts with its customers.
- The rise of artificial intelligence (AI): AI was a major theme at LEAP 2023, with many speakers discussing the potential of AI to revolutionize various industries. AI is already being used in a variety of ways, such as automating tasks, improving decision-making, and creating new products and services.
- The growing importance of cybersecurity: Cybersecurity was another major topic at LEAP 2023, as businesses and governments become increasingly aware of the threats posed by cybercrime. Cybersecurity is the practice of protecting computer systems and networks from unauthorized access, use, disclosure, disruption, modification, or destruction.
- The need for data privacy: Data privacy was also a hot topic at LEAP 2023, as businesses and governments grapple with how to balance the need to collect and use data with the need to protect people’s privacy. Data privacy is the right of individuals to control their personal data.
- The potential of the metaverse: The metaverse was another emerging technology that was discussed at LEAP 2023. The metaverse is a virtual world that is being built on top of the internet. It has the potential to revolutionize the way we work, play, and interact with each other.
Here are some specific examples of the investments raised by startups from attending LEAP 2023:
- A startup from Jordan raised $1 million in funding after pitching at LEAP 2023.
- A startup from Saudi Arabia won the LEAP Rocket Fuel Startup Competition, which comes with a prize of $100,000.
- A startup from Egypt secured a partnership with a major global company after meeting with them at LEAP.
- A startup from Morocco received mentorship from a leading expert in their field after attending a workshop at LEAP.
There are many benefits for startups to attend LEAP. Here are a few of the most important ones:
- Increased visibility: Leap 2024 will give your startup a chance to showcase your products and services to a large audience of potential customers, investors, and partners. This can help you raise awareness of your company and attract new business.
- Access to capital: Leap 2024 will bring together a large number of investors, who will be looking for promising startups to invest in. This can give you a chance to raise the capital you need to grow your business.
- Networking opportunities: Leap 2024 will provide you with the opportunity to network with other startups, investors, and experts in the technology industry. This can help you learn about new trends, find partners, and make connections that can help your business grow.
- Access to resources: Leap 2024 will offer a number of resources to startups, such as mentorship, workshops, and access to co-working space. These resources can help you develop your business and prepare for growth.
If you are a startup, I would encourage you to consider participating in Leap 2024. It is a great opportunity to grow your business and connect with the global technology community.
Here are some additional tips for making the most of Leap 2024:
- Start planning early: There is a lot of competition for space at Leap 2024, so it is important to start planning early. You will need to submit an application and be selected to participate.
- Have a clear message: When you are pitching your startup, it is important to have a clear message about what you do and why you are different. Make sure you can articulate your value proposition in a concise and compelling way.
- Be prepared to network: Leap 2024 is a great opportunity to network with other startups, investors, and experts in the technology industry. Be prepared to introduce yourself and talk about your business.
- Follow up: After Leap 2024, be sure to follow up with the people you met. This could include sending them a thank-you note, connecting with them on LinkedIn, or requesting a meeting to discuss further collaboration.
Arnifi is digital first Corporate service provider helping companies enter the Middle East region, starting with UAE and Saudi Arabia markets. Founded and backed by professionals from Amazon, Souq and other large companies operating in KSA – the team understands what it takes to succeed as a startup in both UAE and Saudi Arabian markets, apart from going through the setup process multiple times.
Arnifi will provide a truly digital experience to entry and scale up of companies both UAE and Saudi Arabia. The Arnifi promise is simple, yet revolutionary, use technology and a great team to provide transparency, efficiency and great customer experience in the whole process.
Check out at – www.Arnifi.com for more details.
