Unemployment is at an all-time high throughout the Arab World. The silver lining of this problem can be seen in the rising number of entrepreneurs and the support from local communities to encourage entrepreneurship. At the very heart of this local support are Collaborative Spaces.
Collaborative Spaces are workspaces designed to help and support local entrepreneurs in their communities. Available for rent on an hourly, daily, or monthly basis, these workspaces come equipped with tables, desks, conference rooms, high speed internet, and other perks and amenities which may vary from one collaborative space to the other.
Zoomaal and Mideast Creatives have partnered up to launch MENA Spaces. The purpose of this initiative is to enable the establishment and support of collaborative spaces in the Arab World, with the goal of having at least one collaborative workspace space in every city in the region.
Over 13,000 people voted in the “Unlock Your Country” competition in order to reserve a spot for their countries in the final challenge. The six qualifying countries are: Sudan (3,380 votes), Egypt (2,400), Morocco (1,900), Tunis (1,500), Algeria (1,300), and Iraq (1,200).
Collaborative Spaces in these countries now have a chance to receive up to $10,000 in matched funding towards their projects. For example, if a collaborative space in Egypt received $100 in funding, Mideast Creatives will match it with another $100 towards the project.
To benefit from this matched funding, collaborative spaces must submit their projects on Zoomaal before January 12th, 2015.
For more information and to apply, please visit http://www.zoomaal.com/challenge/spaces
About Zoomaal: http://www.zoomaal.com
Zoomaal is the leading crowdfunding platform in the Arab World with the core mission of supporting Arab Creativity. Zoomaal is a pan-Arab initiative by four major institutional investors in the MENA Region, and was featured on CNN, Forbes, New York Times, Wamda, and others.
About Mideast Creatives:
Mideast Creatives is an initiative by Hivos. The program focuses on providing support to collaborative workspaces, setting up training programs for entrepreneurs in the aligned industries, and finally improving their access to finance.
For more information about this press release, please contact Ahmad Dimachkie at +961 71860005 or email@example.com.
Unless otherwise mentioned, as with all others on Thaqafa Magazine, this post has not been sponsored.