Business
Maldives to host Techstars Startup Weekend Women’s Edition in May
Maldives is set to host Techstars Startup Weekend Women’s Edition in May.
Organised by the Techstars Community Leaders in Maldives, and supported by Allied Insurance Company, Male’ Aerated Water Company (MAWC), Alia Investments and UNDP Youth Co:lab, the Techstars Startup Weekend Maldives Women’s Edition will take place in capital Male from May 4-6.
Techstars Startup Weekend is a 54-hour weekend event, during which groups of developers, business managers, startup enthusiasts, marketing gurus, graphic designers and more pitch ideas for new startup companies, form teams around those ideas, and work to develop a working prototype, demo, or presentation.
Anurag Maloo, the Regional Manager for Techstars in South and Central Asia said: “Entrepreneurs are the leading drivers of prosperity, jobs and innovation, especially women entrepreneurs who bring particular sets of skills that not only set them apart from their male counterparts, but also lend themselves to being successful entrepreneurs. Without entrepreneurship, communities would cease to move forward within their local economies and in the world. There are five essential ingredients – talent, density, culture, capital and regulatory environment, working together to create an environment for ideas to thrive and foster successful entrepreneurial ecosystems in the Maldives.”
Fathmath Neesha, the lead organiser of Startup Weekend Maldives Women’s Edition and a participant of the first Techstars Startup Weekend in the Maldives, said: “The reason why we chose to do an edition for women was to provide potential women entrepreneurs the platform to discover their own potential as the future innovators of the country. During the first Techstars Startup Weekend Maldives, we noticed that there was a lack of women participation. So we wanted to provide that safe place for women to test out their ideas and show the world that Maldivian women are also as innovative as the men.”
Asra Naseem, one of the marketing mentors for the Startup Weekend Maldives Women’s Edition said: “Gatherings such as Startup Weekend helps young people to think about practical aspects of implementing an idea and form networks that would enable them to tackle some of these issues in entrepreneurship. A women’s edition is essentially helpful to provide the emergence of women entrepreneurs in the country to perfect their skills.”
Like the first Techstars Startup Weekend Maldives held in October, the upcoming women’s edition will be a 54-hour event that puts aspiring entrepreneurs in direct contact with the sharpest business coaches, mentors, investors and panel of judges from the industry, and let them undertake an entrepreneurial life cycle journey by taking the highs and lows of it with proper guidance and mentorship.
The local organising team has been able to pull together some of the best names in the Maldives as mentors for the participants, who have experienced the entrepreneurial life cycle, and could support them in further strengthening the business ideas of the participants and build a strong product at the end of the day.
Techstars is a worldwide network that helps entrepreneurs succeed. Through the Techstars Worldwide Entrepreneur Network, founders and their teams connect with other entrepreneurs, experts, mentors, alumni, investors, community leaders and corporate partners who will help their companies grow and allow entrepreneurs to accelerate the pace of innovation and do more faster.
Techstars Startup Weekend, which has been successfully run in more than 160 countries over the past 10 years, is where you go to accelerate your idea.
The Techstars Startup Weekend Maldives is the first international initiative to support and nurture the growth of startups in Maldives. Maldives is the newest addition to Techstars Startup Weekend programme, which is powered by Google for Entrepreneurs.
Maldives on Thursday welcomed the one millionth tourist to visit this year.
The one millionth tourist is a Thai named Sutapa Amonwivat, who arrived from Singapore with her husband and two children. This is her second visit to Maldives.
Maldives Marketing and Public Relations Corporation (MMPRC) and the Ministry of Tourism gave a warm welcome to Sutapa at the Velana International Airport (VIA) Thursday afternoon. She was welcomed at the VIA by tourism minister Ibrahim Faisal, MMPRC Managing Director Ibrahim Shiury and senior officials of various relevant agencies.
After welcoming her with traditional offerings, she was presented with various gifts by the ministry, MMPRC, customs, immigration, Maldives Association of Travel Agents and Tour Operators (MATATO) and Trans Maldivian Airways (TMA).
Maldives reached one million tourists in June, three weeks earlier than last year. The number of tourists reached one million on July 16, 2023.
Maldives expects to reach 2 million tourists this year.
Chongqing Airlines on Monday began its inaugural flights to Maldives.
The Chongqing-Male route, scheduled three times a week, is expected to strengthen the bonds between China and the Maldives, opening up exciting new opportunities for tourism and cultural exchange.
The inaugural flight was welcomed upon its arrival at Velana International Airport (VIA) in Maldives, where local officials and tourism representatives expressed their enthusiasm for this new development.
“We warmly welcome our friends from China to our beautiful islands. This new connection strengthens our bonds and opens up new opportunities for tourism,” the tourism ministry said on X.
Maldives currently welcomes four airlines from China, including China Eastern, Beijing Capital Airlines, Xiamen Airlines.
In January, Maldives government urged tourism stakeholders in both Maldives and China to ramp up efforts to restore China’s position as the primary source market for Maldives tourism, a status held before the onset of Covid-19.
China, being the largest source market for Maldives tourism before the pandemic, saw a resumption of tourist arrivals from January 2023 after a three-year hiatus due to the pandemic. In 2023, the Maldives welcomed 187,118 Chinese tourists, marking a significant recovery in numbers. This year, the Maldives has welcomed the most number of tourists from China, with over 107,940 or 11.5 percent of total arrivals by June 12.
CROSSROADS Maldives has introduced WeChat Pay, widely known as Weixin Pay in China, across its world-class resorts, SAii Lagoon Maldives, Curio Collection by Hilton, and Hard Rock Hotel Maldives. This payment option is made available to enhance the convenience and overall experience for guests from China, making their stay in the Maldives more enjoyable and hassle-free.
Understanding the needs of the diverse guests, CROSSROADS Maldives has integrated WeChat Pay into operations, allowing guests from China to easily and securely conduct transactions using a payment method familiar to them. The introduction of WeChat Pay is a testament to CROSSROADS Maldives’ dedication to enhancing guest satisfaction by offering exceptional experiences at every turn. What is also expected through this initiative is that the guests could benefit from better foreign exchange rates, translating to better savings on their expenditures during their stay.
The option is available for guests in-house conveniently at both resorts as well as across the Marina at CROSSROADS Maldives where a wider variety of unparalleled dining and retail experiences are available for all guests. The day visitors from China will also therefore equally benefit from this new introduction at the Maldives’ premier multi-island integrated leisure destination.
SAii Lagoon Maldives, Curio Collection by Hilton, is a vibrant tropical escape that offers unique and locally inspired experiences. The resort features spacious rooms and villas, a variety of dining options, and an array of recreational activities designed to cater to the desires of modern travellers. Guests can escape to the island’s SAiisational natural beauty, enjoy water sports, and indulge in spa treatments, all while relishing the personalised service that defines Hilton’s Curio Collection.
Hard Rock Hotel Maldives brings the iconic Hard Rock spirit to the tranquil shores of the Maldives. This family-friendly resort offers a perfect blend of relaxation and entertainment, featuring music-inspired experiences, live performances, and the brand’s signature amenities. With luxurious accommodations, diverse dining options, and a plethora of activities for all ages, Hard Rock Hotel Maldives ensures an unforgettable holiday experience for every guest.
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