Winners selected from finalists from city competitions held across MENA; win trip to global finals with $1M in Funding Opportunities
Washington, D.C. and Dubai — Tonight 1776, in5 and AstroLabs announced the five winners from the MENA Challenge Cup Regional Finals. These startups, chosen from hundreds of competitors from cities across the region, now move on to represent their countries on the worldwide stage at the Challenge Cup Global Finals in Washington, D.C. taking place in June.
Challenge Cup is an annual global tournament spanning over 50 cities and covering every continent, to find, fund and spotlight highly-scalable startups with potentially transformative solutions our world’s most pressing challenges. Held in partnership with Revolution and Global Entrepreneurship Network, the competition takes place in three levels — local competitions, nine regional finals and the global final to be held in Washington, DC in June 2016. High-growth startups compete for $1 million in cash prizes and funding, media opportunities and curated connections to mentors, corporate partners, policymakers, and potential investors.
The Dubai event showcased both the city’s most compelling startups and the companies that advanced from local competitions held in Amman, Beirut, Cairo, Islamabad, Istanbul, Kuwait, Saudi Arabia, and Tehran. In addition to participating in the pitch event, competing startups also joined a two-day, pop-up accelerator program delivered by the 1776 CEO, industry partners such as IDB, Philips and AWS, and other key executives where the entrepreneurs receive pitch coaching and participate in roundtables with industry experts and one-on-one mentoring sessions.
“MENA is increasingly home to so many inspiring entrepreneurs who are building high-growth startups to bring solutions to some of our world’s biggest challenges,” said Donna Harris, co-founder of 1776. “I’m so pleased that we can give these extraordinary companies an opportunity to present their vision on the global stage and connect to the resources and relationships they need to be successful.”
The winners are as follows:
E4 Technologies: E4 Technologies is a studio with a passion for developing cutting-edge technology to create profitable gadgets for its customers. Its latest product is a Fitbit for cows, COWLAR, which helps farmers improve dairy herd health, optimize operations, and boost milk yields.
Evreka: Evreka is making waste collection smart through its use of wireless sensors, which can measure how full a garbage bin is and instantaneously send the information to the cloud using M2M technology. Evreka the processes and organizes the information collected to increase the efficiency of daily collection routes.
Iris Solutions: Iris Solutions is a specialized provider of immersive technology. Its latest project helps children with developmental disorders by creating a sensory environment.
MUrgency: MUrgency is using the power of mobile technology and networks to create one seamless global emergency response network that will democratize emergency response. The company mission is to make emergency response available to anyone, anytime, anywhere — with just one tap on a mobile phone.
Smart Detection Bra:Why don’t women In Saudi Arabia undergo procedures to detect breast cancer early? Women are willing to go through the procedure but don’t have the access. SDB aims to address the health gap.
For more information about the Challenge Cup, click here.
1776 is a global incubator and seed fund that uncovers promising highly-scalable startups focused on solving the world’s most fundamental challenges and helps engineer their success. 1776 focuses on startups in the most broken, entrenched industries and sectors that impact millions of lives every day – specifically education, energy, health and cities. From its headquarters in Washington, D.C., it is sparking a global movement of high-growth startups driving meaningful innovation through its Challenge Cup and Startup Federation, the premiere network of incubators throughout the world. For information, please visit www.1776.vc or follow us on Twitter @1776.
AstroLabs enables digital entrepreneurship across the Arab world by convening top startups to work from our tech hubs, running specialized learning programs, and advising the region’s most influential private and public sector entities on key technology issues. Launched in Q1 2015, the AstroLabs Dubai coworking space is the first in its network and the only Google-partnered tech hub in the Middle East & North Africa. With over two billion people accessible within a four hour flight, AstroLabs Dubai is designed with access to emerging markets in mind. To learn more, visit www.astrolabs.me.
in5, an innovation centre launched by Dubai Internet City (DIC) in 2013, aims to foster and promote entrepreneurship and innovation in order to further develop the technology start-up ecosystem in Dubai and the region.
in5 has created an engaging and dynamic community for entrepreneurs across the tech value chain, and provides its members with mentorship, networking, infrastructure and access to funding.
in5 has engaged over 4,000 of the UAE’s technopreneurs since inception, through a series of workshops, competitions, seminars and networking events, and supports start-ups from the early stages of idea creation to the launch of a product or service.
Several initiatives have been spearheaded by in5 this year to pioneer innovation and entrepreneurship, in line with the UAE’s Innovation Strategy, including the Decode Dubai hackathon and The Assembly, aimed towards promoting the development and building of new solutions and technology.
in5 applicants are encouraged to register on an individual or company basis, following which a committee made up of industry experts will assess their eligibility for inclusion in the programme. Selected start-ups will be required to be based in Dubai and will be provided with the legal framework for company incorporation and visas. The hub is open to entrepreneurs of all nationalities wishing to start-up in the areas of ICT, mobile and digital media.
Further information about the application and selection process can be found at www.in5.ae