Saudi Arabia’s Entrepreneurship World Cup is a huge crowd puller for entrepreneurs and small and medium-sized entrepreneurs as the largest and most diverse pitch competitions and support programmes for start-ups
CEO & Co-Founder of NDR Medical Technology, Alan Goh, from Singapore, walked away with the second prize and US$200,000 in the Entrepreneurship World Cup in Riyadh, Saudi Arabia’s flagship startup and SME forum, NDR’s remarkable achievement follows the first prize win by Singapore’s TurtleTree Lab at the EWC 2020.
NDR Medical Technology develops surgical robotics based on AI and image processing. Out of the 30,000 competing companies from all over the world, NDR ranked amongst the top 100 firms who delivered their presentations to the EWC judges in Riyadh. Also present were fellow Singaporeans entrepreneurs Jeong and Fern as well as Singapore investor and venture builder Jayren Teo, 27, who was one of the judges.
The Entrepreneurship World Cup, co-hosted by the Global Entrepreneurship Network and the Small and Medium Enterprises General Authority in Saudi Arabia, Monsha’at, is one of the largest and most diverse pitch competitions and support programmes for up-and-coming founders. Every year, entrepreneurs compete for a share of US $1 million in cash prizes and millions more worth of investment, support and publicity. It is largest event for entrepreneurs and small and medium-sized entrepreneurs in Saudi Arabia.
In addition to competing for the grand $300,000 prize, startups will also vie in specialized categories based on sector (including tech and space and sustainability and environment) and impact (including social impact, sustainable development goals and women-led companies).
Since launching in 2019, EWC has attracted more than 400,000 registrations from 200 countries and connected founders with over US$3 million in cash prizes and another US$256 million worth of perks and free support and services.
NDR Medical Technology was founded in 2015 and developed the patented Automated Needle Targeting system (ANT) that can facilitate safe and accurate needle punctures to the organs such as lungs, kidney, pancreas and spine. Integrating AI and robotics, it pioneers image guided robotic procedures with improved accuracy, precision and safety for the patients.