Monday 22 October 2018

2 Bahraini teams qualify for startup contest finals

MANAMA, April 12, 2016

Two startups from Bahrain have qualified for the final stages of the MIT Enterprise Forum Arab Startup Competition 2016. 
A total of 76 competing teams from 15 Arab countries reached the semi-final stage, with the competition’s finalists and ultimate winners set to be revealed at a gala event to be held at King Abdullah Economic City, Jeddah, Saudi Arabia on April 14.
The competition has been organised in partnership with Community Jameel, the Social Enterprise arm of Abdul Latif Jameel, and Zain Group, a leading mobile telecom innovator across the Middle East and Africa. 
The applicants from Bahrain vying to make it to the final and be crowned winners include Makaani (consisting of Mohamed Al Sadek and Mohammed Ebrahim), who have developed a platform where an individual, startup or small enterprise can rent out the retail, office, and leisure space that they need based on their type of business for a short period of time. 
The other semi-finalist is Robodem (a project of Tasneem Mohamed Youssef), which is applying a life changing patent pending Robot that detects explosive materials and can be controlled indoors using a mobile app or outdoors through a web-based system.
The Bahraini semi-finalists span two of the competition’s three tracks – startup, ideas and social entrepreneurship with total prize money on offer in excess of $150,000. 
Each of the three tracks will award the first three ranked winners with cash prizes, in addition to many other benefits, including: top tier training, mentorship, coaching, media exposure, and great networking opportunities.
Mohammed Zainalabedin, general manager, Zain Bahrain, said: “We at Zain are proud to foster the growth of this competition as we recognize that much of the region's future development will be driven by the ideas of young people in technology. Turning these ideas into something constructive and sustainable has been, and will continue to be, the success story of the modern age.
“We are hopeful that the two Bahrain semi-finalists will perform well in the finals and are looking forward to interacting with this year’s aspiring entrepreneurs and taking the opportunity to capitalize on the most promising innovative ideas in the digital space, all of which further strengthens our position as a digital lifestyle provider.”
In the lead-up to the finals, MITEF Startup Competition semi-finalists benefited from a six sigma training bootcamp’s programme that were held in four cities across the region. - TradeArabia News Service

Tags: Competition | startup |

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