World Scout Jamboree disaster blamed on South Korean government    Hajj Ministry warns against fake companies    Saudi Arabia starting direct flights between Dammam and Najaf    Egyptian delegation arrives in Israel to revive deadlocked ceasefire and hostage talks    Minister of Defense celebrates graduation of King Abdulaziz military college cadets    TGA introduces uniform for bus drivers    Ministry uncovers misuse of mosque utilities during inspection    Health Ministry reports 15 food poisoning cases linked to one establishment in Riyadh    Saudi Arabia supports UNRWA's efforts for Palestinian refugees, urges donor commitment    Supreme Court appears ready to reject Trump's immunity claims    Indian voters battle extreme temperatures as intense heat wave hits region    'Zarqa Al Yamama': Riyadh premieres first Saudi opera    Riyadh Season announces first overseas event with boxing gala in Los Angeles    Al-Ahsa Airport to double capacity to accommodate 100 million passengers a year    Al Hilal's comeback effort falls short in AFC Champions League semi-finals    Belgian man whose body produces alcohol in rare condition acquitted of drunk driving    Australian police launch manhunt for Home and Away star Orpheus Pledger    Spice Girls reunite at Posh's 50th birthday    Swedish rider Eckermann wins 2024 Show Jumping World Cup in Riyadh    Aspiring fencer Josh Brayden aims for Olympic glory    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



500 Startups, Misk Innovation announce third cohort of MENA accelerator program Misk500 to host first-ever Digital Demo Day to showcase 16 highly innovative MENA companies
The Saudi Gazette Published in The Saudi Gazette on 29 - 04 - 2020

Global venture capital firm 500 Startups and Misk Innovation announced Wednesday that 16 companies in Misk500's third batch have successfully completed the 14-week accelerator program.
With this batch, 500 Startups and Misk Innovation continue their mission to discover and back the most talented entrepreneurs in the Middle East and North Africa, as they face unexpected challenges amid the COVID-19 pandemic.
In the name of safety and in support of founders, 500 Startups and Misk Innovation quickly pivoted their program to an online format to provide founders with the tools and guidance they need to succeed in a more challenging environment.
Drawing lessons from 500 Startups' successful Digital Demo Day in March at its San Francisco flagship accelerator, the Misk500 program will culminate on May 11 in a virtual demo day.
Attendees from across the MENA region can watch the streamed event on YouTube at 9:30 p.m. KSA time and engage directly with the founders. Attendees will also have first access to presentations, demo videos, team bios and more.
Batch 3 consists of a diverse group of MENA startups hailing from Saudi Arabia, Egypt, United Arab Emirates and Jordan. They are building B2B and B2C solutions to issues in several sectors, including fitness, recruiting, e-commerce and healthtech. With this batch, 500 Startups will have a total of 150 investments in the MENA region.
Misk Innovation, the key program partner in this endeavor commented on the partnership, saying, "The MiSK Foundation, in proud partnership with 500 Startups, shows its persistence to deliver. Despite the obstacles of the COVID-19 crisis, the accelerator is still producing results.
"No matter the situation, akin to the entrepreneurial spirit, the MiSK Foundation is committed to play its part in cultivating the entrepreneurial ecosystem through its diverse initiatives. We believe that our partnership with 500 Startups proves valuable in reflecting our commitment, especially during the current COVID19 situation, by taking our initiatives virtually."
Sharif El-Badawi, managing partner, 500 Startups MENA, said: "I would like to congratulate our founders, their teams and our mentors for the smooth and seamless transition of the accelerator program to fully remote teaching. Despite the challenging times, the founders have gained valuable insights from the program."
The companies in Batch 3 are:
Appgain.io: Helps mobile marketers get more users and improve retention in one single platform.
Bankiom: A digital bank that allows customers to open a current account and quickly download a virtual debit card on your smartphone.
Bondai: The first marketplace to help group travelers discover and book curated touristic experiences in Saudi Arabia.
Circle: A mobile app that enables property managers to better engage with their tenants, handle their requests and reduce operational costs.
COVETI: Enables independent fashion designers to produce on-demand garments in under 72 hours through a curated network of suppliers.
DigitaSport: A SaaS platform that helps sports teams and leagues build their own mobile app to engage with their fans.
ElCoach: A mobile app which helps you achieve your health goals through personalized fitness and nutrition plans.
Elva: A wearable device that allows patients to adhere to their medication regimen.
Johrh: The leading online abaya store in the GCC, selling a range of quality designs at affordable prices.
MWJ: A marketplace to buy new and pre-owned certified luxury watches in Saudi Arabia.
Tammwel: An online gateway to find the best personalized loans for all your needs with instant approval.
Tasaira App: A mobile app that helps Saudi drivers get tailored quotes from trusted repair shops.
Wee: The first electrical scooter sharing provider in Saudi Arabia.
Wuilt: A website builder where you can create your own Arabic website in under 5 minutes.
Yovza: A SaaS platform that helps construction companies in MENA quickly digitize their approval workflow. — SG

Clic here to read the story from its source.