Riyadh, 12 November: The Ministry of Communications and Information Technology’s Center of Digital Entrepreneurship has launched the LogisTech Challenge to foster innovation in logistics.
The aim of the challenge is to support new tech solutions that boost efficiency and productivity, thereby driving digital economy growth.
In partnership with the Ministry of Transport and Logistic Services, the Transport General Authority, and Infinite pl, the challenge is open to logistics and tech enthusiasts, experts and industry leaders. Registration closes on Dec. 5.
Participants will go through stages of acceptance, business model development, final selection, and a training bootcamp, the Saudi Press Agency reported on Monday.
On Jan. 21, the competition concludes with participants presenting their ideas to judges. Winning projects with practical sector solutions will be celebrated at a final ceremony.
The challenge targets three areas: fleet improvement and sustainability; alternative delivery and commerce solutions; and data-driven logistics intelligence.
Participants can access more than 20 training programs and mentoring sessions, equipping more than 250 individuals with skills to refine ideas and develop prototypes.
The ministry invites those interested to register at code.mcit.gov.sa/en/bootcamp/LogisTech-Challenge.