* All 30 teams submitted their full business plans on April 13th * Round II results will announce on May 19th 9 teams as finalists * The 9 finalist teams will have to carry out oral presentation for their businesses on June 11th in Dubai * 3 teams will be awarded on the evening of June 11th during a gala dinner
The MIT Arab Business Plan Competition is the first of its kind in the Arab world and is designed to encourage all entrepreneurs in the region to start their own company and, ultimately, create a nest of leading firms in the Arab world.

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