Biz For Good

International Free Zone Authority announces the launch of Biz For Good Pitch and Vlog Competition in collaboration with Nikon MEA, Rove Hotels and Letswork

 
Biz for Good, powered by International Free Zone Authority (IFZA) in collaboration with Nikon MEA, Rove Hotels and Letswork, is a pitch and vlog competition open to all UAE residents 21 years of age and above.
The competition is in search of compelling business ideas that can also impact the community or the environment positively.
Three winners will be declared at the end of the competition with each receiving an IFZA Business license with one visa allocation, financial support and more.

Dubai, UAE, October 17, 2021: Do you have a compelling business idea that’s good for the environment or the community? Do you need support in launching it? Biz for Good, a pitch and vlog competition, invites aspiring entrepreneurs, 21 years of age and above and currently residing in the UAE, to pitch their compelling startup ideas through vlogs uploaded on their social media channels. As part of the criteria for judging, the idea needs to address a social need and provide an effective solution that improves the lives of people or the planet.

Biz for Good is powered by International Free Zone Authority (IFZA) in collaboration with Nikon MEA, Rove Hotels and Letswork. As a result of this partnership, a total of three grand winners will be declared, each receiving a business license with one visa allocation, financial support, start-up support that includes FlexiDesk, mentoring, website and marketing assistance from IFZA. Nikon MEA, one of the world’s foremost optics and imaging experts, will award a Nikon Z 50 as a prize for the highest scorer on the Creative Presentation criterion. To support the operations of the winners, Rove Hotels, an award-winning lifestyle hotel brand offering well designed hotels in connected locations, will be giving each of them 10 days of meeting room use across all the Rove properties. And Letswork is providing three months of membership for the three winners to access co-working spaces within their network and their community events and perks. 

“We believe that as a result of our current global situation, we have become more sensitive to our individual and collective responsibility to care for each other and our planet. It is no longer ‘business as usual’. This is what inspired us to create ‘Biz for Good’, which is our vehicle to discover and empower people who want to turn awareness into action, for the greater good. We are committed to support our winners in every step of their journey in making their vision a reality. Ultimately, we also hope to spark further conversations around entrepreneurs using their talent in contributing towards Dubai’s goal to not only be a strategic hub for business but also to be a guiding force for humanity, for good,” says Martin G. Pedersen, Chairman of IFZA.

Biz for Good
PHASE 1: Qualifiers

To join, interested candidates must submit their online application via www.ifza.com/bizforgooduae and upload a video of their winning business idea on Instagram, Facebook and/or LinkedIn using the hashtag #BizforGoodUAE. They also need to keep their accounts public for the judges to view their video and to follow and tag the accounts of IFZA @ifzauae, Nikon @nikonmea, Rove Hotels @rovehotels and Letswork @Letswork.

Some of the questions that they need to answer in this video include: 

Is this idea unique and feasible?
How does this idea improve the environment or the community they’re a part of?

Presentation as well as visual and emotional impact are also considered hence candidates are encouraged to get creative in convincing the judges on why their business idea should be supported.

PHASE 2: Mentorship

Shortlisted candidates will be contacted for Phase 2 that comprises a mentorship program by industry experts. The goal is to further equip the candidates with tools that will help them elevate their pitch for the final round.

PHASE 3: Final Round

In this phase, shortlisted candidates will be asked to submit their final entry which is a marketing video targeted at their customers or end users. Nikon cameras will be on loan for candidates to film their video and #RoveWithNikon studio will be available for free for a maximum of 2 hours of use per concept.

Candidates can upload as many unique business ideas as they want, with each of it having an equal chance to reach the finals. Deadline of entries is set on November 6.

“Entrepreneurship and creativity go hand in hand, so at Nikon MEA, we are always ready to lead or participate in initiatives that help empower our customers’ drive and sense of exploration as they market their unique vision and talent,” says Narendra Menon, Managing Director of Nikon Middle East FZE. “IFZA has always been an exceptional partner for us because like us, IFZA also thrives in a culture of thinking outside the box and doing things differently, all while addressing the needs and exceeding the expectations of the communities that they cater to.”

“The Rove team is really excited to be part of the Biz for Good initiative. Our hotels are hubs for collaboration and entrepreneurship, with many Rovers working, connecting and innovating from them every day. Through this platform we aim to support new start-ups and business ideas that consciously work towards leaving their own positive footprint in the world,” says Paul Bridger of Rove Hotels.

“Over the past 18 months, the pandemic has accelerated the global shift to remote work. Individuals and teams have now realised that work is no longer limited to the office, but now can be done anywhere. This is where Letswork steps in. Our mission is to become a global workspace solution provider committed to delivering convenience, flexibility and value for money. Using Letswork, we hope the winners of Biz For Good are empowered to work, meet and connect from a network of spaces near and far. From work-friendly cafes to buzzing coworking spaces, we have something for everyone,” says Hamza Khan, Letswork Co-founder.

For more information on Biz For Good, visit www.ifza.com/bizforgooduae.
Connect with IFZA on Facebook, LinkedIn & Instagram
For more information, visit www.ifza.com 
Email [email protected] or call 800-IFZA (4392) or +971 4 228 5285
Taking Notes in a Meeting
About International Free Zone Authority (IFZA)

Strategically situated in Dubai, one of the world’s most powerful business gateways, the International Free Zone Authority (IFZA) is the single point of contact for Free Zone business formation and administration services. IFZA provides local and international businesses with the ideal platforms and location to fully optimise the benefits of the UAE’s strategic geographic position and world-class infrastructure in a business and tax-friendly environment. IFZA provides competitive Free Zone Business License packages, efficient incorporation and an expert team with up-to-date knowledge on rules and regulations to ensure that your client’s business foundation is laid in a timely and secure manner.

About Nikon

Nikon is the world leader in digital imaging, precision optics and photo imaging technology and is globally recognised for setting new standards in product design and performance for its award-winning consumer and professional photographic equipment. Nikon Middle East FZE distributes consumer and professional digital SLR cameras, NIKKOR optics, Speedlights and system accessories; Nikon COOLPIX compact digital cameras; Nikon sports optics as well as the latest mirrorless cameras in over 50 countries. For more information, visit http://nikon-mea.com

Connect with Nikon and other photographers on Facebook at www.facebook.com/NikonMEA and on Instagram at www.instagram.com/NikonMEA.

About Rove Hotels

Rove hotels is an award-winning lifestyle hotel brand, offering well designed hotels in connected locations. Designed for the traveller who likes to explore without borders, receive fuss-free service and some touches of local culture. Rove Hotels defines a new niche in the ever-evolving global hospitality sector. 

Rove Hotels are reliable, modern and efficient. Regardless of their location, Rovers (guests) will always find locally inspired modern interiors, relaxed service and all the essentials to enjoy their stay.  

The first Rove hotel opened at Downtown Dubai in 2016 and the brand now has over 4,000 rooms open or under development across the Middle East. Rove Hotels continues to target properties in well-connected locations and further expansion announcements will follow soon. 

Website:  www.rovehotels.com – rovehotels 

About Letswork

Letswork gives you flexible & affordable solutions for workspaces across the country. The Letswork membership gives you access to some of the city’s finest cafes, hotels & co-working spaces with access to unlimited benefits and community perks.  

Alternatively, you can also find & rent on-demand spaces such as meeting rooms, private offices, podcast rooms, photo studios, recording studios, pop ups & event spaces and more depending on your needs.

Website: www.letswork.io 

Instagram: letsworkdxb

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BIZ FOR GOOD – A PITCH VLOG COMPETITION powered by IFZA in collaboration with Nikon ME, Rove Hotels and letswork

 

OFFICIAL RULES

ENTRY IS FREE. NO PURCHASE OR PAYMENT IS REQUIRED TO ENTER OR WIN. ENTRANTS MUST BE AT LEAST 21 YEARS OF AGE AT TIME OF ENTRY. THIS CONTEST IS INTENDED FOR PARTICIPATION IN THE UNITED ARAB EMIRATES (UAE) ONLY AND WILL BE GOVERNED BY APPLICABLE UAE LAWS. 

  1. The organizer of BIZ FOR GOOD – A PITCH VLOG COMPETITION (“Competition”) is INTERNATIONAL FREE ZONE AUTHORITY FZCO (“IFZA Dubai” or “IFZA”). The Competition is in no way sponsored, endorsed or administered by, or associated with either Face
  2. book, Instagram and LinkedIn. Facebook, Instagram and LinkedIn are hereby completely released of all liability by each Entrant in this Competition.
  3. The Competition is open to individuals (“Entrants”) aged 21 and older at the time of entry who have a personal Facebook, Instagram or LinkedIn account and are residents in the UAE. Employees of IFZA or their family members or anyone else connected in any way with the competition or helping to set up the competition shall not be permitted to enter the competition.
  4. The Competition will start on 17 October 2021 and will end on 5 December 2021.
  5. To enter the Competition, Entrants must complete the following steps:
    1. Sign up to the competition on the official portal, ifza.com/bizforgooduae
    2. Upload your video to the Entrant’s Facebook, Instagram, or LinkedIn accounts (which must be set to Public) with the following details:
  1. Add Biz for Good UAE to the title of the video
  2. Add Entrant’s name, your Facebook, Instagram, or LinkedIn account URL, and the hashtags #BizforGoodUAE.
  • Follow and tag the organizer (IFZA) and all partners (Nikon MEA, Rove Hotels and letswork) to qualify. 
  1. The accounts must be set to Public. The video should contain the Entrant’s pitch for a business idea.
  1. Submitted videos could be taken with any video recording device. Once posted, Entrant’s videos must remain on Entrant’s account until the end of the Competition Period set out at Rule 3 above, otherwise Entrant’s entry will not be judged and Entrant will not be eligible to win.
  2. Uploading a video according to Rule 4 above and entering the Competition signifies that the Entrant has accepted and is bound by these Competition Official Rules.
  3. There is no limit to the number of videos that Entrant can upload to participate, but each video must be unique and comply with these Competition Official Rules.
  4. Video(s) may be modified with any image editing software or programs. Entrant guarantees that video enhancement was made using legally acquired software.
  5. Video submissions:
    1. must be in the English language or accompanied with an English translation;
    2. may not be inappropriate, offensive, libelous or defamatory, pornographic, sexually explicit, unlawful or plagiarized, as determined by IFZA in its sole discretion;
    3. must be in accordance with prevailing UAE laws, ordinance, or regulation
    4. may not infringe upon any person’s personal or property rights or any other third party rights;
    5. may not contain commercial or corporate advertising,
    6. may not use any watermarks or distinguishing artist marks (such as signatures); and
    7. may not violate the terms of service of Facebook, Instagram or LinkedIn
  6. On or about 6 November 2021, IFZA will start reviewing all eligible video entries submitted through Facebook, Instagram and LinkedIn during the Competition Period. 20 Finalists will be selected by a panel of judges set by IFZA including at least one independent judge on the basis of the judging criteria. Judges’ decision will be final and binding and cannot be appealed. The videos will be judged, at IFZA’s sole discretion, based on the following criteria
    1. BUSINESS IDEA – 40%
    2. SOCIAL RELEVANCE – 30%
    3. CREATIVE PRESENTATION – 20%
    4. VISUAL/EMOTIONAL IMPACT – 10%
  7. On or about 16 November 2021, shortlisted entries will be contacted using Entrant’s Facebook, Instagram, or LinkedIn accounts by IFZA Dubai’s official accounts. Each shortlisted Entrant will be required to respond via email and (i) submit the file of the shortlisted video; and (ii) submit the Entrant’s name, contact number and address. Any potential winner may be required to sign an affidavit of eligibility, a liability release and/or a publicity release. Failure to comply when requested may result in disqualification.

If a potential winner does not respond and comply with the instructions within 2  days, or if the data reveals that the video does not comply with these Official Rules, the Entrant will not be eligible to receive the prize and an alternative winner will be selected.

  1. On or about 16 November, 20 shortlisted entries will be invited to create their final pitch to market their business idea and product/service to their target audience. Training sessions which will be organized by IFZA Dubai and the Competition Partners at the Rove Hotels on or about 19-20 November 2021. Attendance to these sessions are not required but highly encouraged.
  2. PRIZE Three winners will each receive
    1. IFZA Business License with 1 Visa Allocation
      1. IFZA Business Startup Support
      2. FlexiDesk
      3. Mentoring
      4. Website and Marketing Assistance
    2. Financial support of up to USD5,000
    3. Use or Rove meeting rooms (up to 10x)
    4. Letswork membership (3 months)
  1.  

The prize does not include other costs payable in relation to the winner’s establishment card, any status change fees, or the costs for medical tests and issuance of Emirates ID Card. The prize also does not include costs and processes related to securing third party government approval, should it be required based on the winner’s proposed business activities.

IMPORTANT: IFZA has no responsibility for a winner’s inability or failure to accept or utilize a prize as described herein. The prize is non-transferable nor convertible to cash. If a potential winner is found to be ineligible, is not in compliance with these Competition Rules, does not respond to the email in a timely manner, is disqualified or forfeits prize for any reason, or declines to accept the prize, IFZA reserves the right to award the prize to an alternate entrant who will also be selected per the judging criteria from all remaining non-winning entries received during the Competition Period.

  1. Finalists will be contacted on or about 9 December 2021 via private message.
  2. The winners will be announced in an event on 10 December 2021 at a specified venue in Dubai.
  3. Acceptance of prizes shall constitute consent on the winner’s part to allow IFZA & its representatives use of the winner’s name, image and/or likeness by IFZA for editorial, advertising, promotional, marketing and/or other purposes without further compensation or review except where prohibited by law.
  4. By entering videos into the Competition, the Entrant warrants that:
    1. the submitted videos comply fully with terms of service/use for Facebook/Instagram/LinkedIn and the Competition rules
    2. the permission has been obtained (and a copy will be provided to IFZA promptly upon request) to use the image and any other personal information of any person included in any of the submitted videos in accordance with these Official Rules; and
    3. the appropriate licenses, permissions and/or releases have been obtained (and a copy will be provided to IFZA promptly upon request) to use any music, images, video, audio, photos, text, or other materials contained in such videos from the owners thereof.
  5. IFZA Dubai makes no representations or warranties whether express or implied, regarding this Competition or the prizes, other than as expressly set out in these Competition Official Rules. IFZA shall not be liable for any technical errors or errors on the social media platforms that may prevent an Entrant from entering the Competition or from receiving or sending direct messages.
  6. IFZA may, without advance notice amend, cancel, suspend or postpone or change duration of the Competition at any time.
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