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Saudi tech startups to participate in 'Seedstars GCC' event in Bahrain
Source: MPR Saudi , Author: Posted by BI-ME staff
Posted: Tue August 8, 2017 12:10 pm

SAUDI ARABIA— Fifteen of the best seed stage startups in the Gulf Cooperation Council (GCC) will make presentations at the “Seedstars GCC” event in order gain a slot in the annual Seedstars Summit – the entrepreneurship forum for emerging markets – and win up to $1 million in equity investment.
 
The Seedstars World team is coming to Manama, Bahrain for the third time to hold a dynamic pitch event in the region on September 9, 2017. The companies selected to pitch at the event need to be less than 2 years old, have raised less than $500,000 in funding and have built a minimum viable product, ideally with existing traction.  
 
The team, in its search, is also focused on the startup’s regional and global scalability. With a strong network of international partners such as BBVA, Merck, Enel, Trecc and Standard Bank, Seedstars World is looking for smart startups that solve regional issues and develop profitable products for the global market, to support their regional businesses and growth.
 
Up to 15 of the best seed stage startups from Saudi Arabia, Bahrain and Oman will be invited to pitch for the opportunity to compete at the Seedstars Summit, that annually takes place in Switzerland.

File photo

 

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