Manama, Bahrain: - Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes is coming to Bahrain for the 3rd time. With the support of the local host CH9, Seedstars will be holding a dynamic pitch event on October 25th. It’s Seedstars’ goal to place the spotlight on entrepreneurs from emerging markets, especially targeting solutions that align with UN Sustainable Development Goals. With that in mind, Seedstars World is travelling to more than 65 countries to identify the most innovative seed-stage startups, awarding them the opportunity to win up to USD 1 million and network with investors and mentors from around the world at the global Seedstars Summit in Switzerland. Its previous participants have raised over USD 92M collectively, providing employment to more than 2,100 employees worldwide.
The companies selected to pitch at the Seedstars Manama event need to be less than 2 years old, have raised less than USD 500,000 in funding and built a minimum viable product, ideally with existing traction. The Seedstars team is searching for one additional criterion - the startup’s regional and global scalability. With a strong network of international partners, such as BBVA, Merck or Enel, Seedstars is looking for smart startups that tackle regional issues and develop profitable and sustainable products for the global market, to support their regional businesses and growth.
“Seedstars World is a platform that connects investors and stakeholders with the next generation of entrepreneurs. Since this will be our 3rd time organizing the event at Manama, the stakes are high and we are very excited. We’ve been in this ecosystem for more than three years now and know there are companies in Bahrain developing high-quality products. We are looking for the best and will take it with us to Switzerland in 2019!”, says Meghan Warner, Regional Manager for MENA at Seedstars.
Dr Ebrahim Mohammed Janahi, The Chief Executive of Tamkeen, praised this competition for providing a prominent platform for startups to develop their businesses and expand their knowledge and learn from the success stories and experience of others.
“Tamkeen is pleased to support this event and provide entrepreneurs an opportunity to explore the potential awaiting their startups and discover ways to strengthen their business ideas as well as get valuable insights on their startups from networking with well-experienced partners,” Dr Janahi added.
“This Summit is a fantastic opportunity for everyone from the region to come together in Bahrain and build bridges between the ecosystems,” Mohamed ALTAWASH, Founder & Chairman of CH9 explains, “We look forward to hosting Seedstars MANAMA at CH9 on October 25th, and help entrepreneurs skyrocket their growth”.
Don’t miss the chance to meet mentioned and tens of other most promising startups, investors, business professionals, and mentors from around the world and learn from the superstar speakers on October 25th, 2018! The event is free to attend, but registration is required to reserve a seat. Go to the below link to get a free ticket:
Up to 10 of the best seed-stage startups in Bahrain will be invited to pitch for the opportunity to compete at the Seedstars Summit, that annually takes place in Switzerland.
In order to provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, Seedstars is closely working with Tamkeen and CH9 who are representing the initiative throughout the year.
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ABOUT SEEDSTARS
"They tried to bury us, they didn’t know we were seeds." - Mexican proverb
Seedstars is a Swiss-based group with the mission to impact people’s lives in emerging markets through technology and entrepreneurship, with a particular focus on the Sustainable Development Goals of the UN. Seedstars connects stakeholders, builds companies from scratch with public and private partners and invests in high-growth startups within these ecosystems. Seedstars aims at fostering impact investing and impact entrepreneurship over the world. Through different activities, that range from startup scouting, events organization to company building and acceleration programs, Seedstars has built the world's biggest community of changemakers in emerging markets. Seedstars group includes the largest startup competition in emerging markets (Seedstars World Competition), the Entrepreneurship Forum for Emerging Markets (Seedstars Summit), physical entrepreneurs hubs (Seedspace), acceleration programs (Seedstars Growth), teaching & training programs (Seedstars Academy) and an investment entity with a startup lab and a fund (Seedstars Investments). Some of Seedstars main partners are Enel (Energy), School of Management Fribourg (HEG Fribourg) & TRECC - Transforming Education in Cocoa Communities (Education), BBVA (Finance), Tag Heuer (Fempreneurship, Time Saving and Innovation), Merck (Health) and Continental (Mobility).
ABOUT SEEDSTARS WORLD COMPETITION
Seedstars World is the first global startup competition focused on emerging and fast-growing markets. For five years now, it has built a network in 65+ countries, with the teams traveling the world to source innovative startup investment opportunities. We run 80+ local competitions to identify the best seed-stage startups and host an inspirational set of disruptive tech and networking sessions. We also organise 5 regional Summits, reuniting all local winners of each region to network with speakers, investors, corporates, incubators, accelerators, governments and all other relevant stakeholders. Finally, Seedstars Summit, the competition’s final, is our exciting flagship event filled with breakout sessions, panel discussions, specialized workshops and the best minds from emerging markets, where local winners compete to be crowned Seedstars World Global Winner and win up to $1M in investment.
ABOUT TAMKEEN
Tamkeen is a public authority established in August 2006, tasked with supporting Bahrain’s private sector and positioning it as the key driver of economic growth and development. Tamkeen is one of the cornerstones of Bahrain’s national reform initiatives and Bahrain’s Economic Vision 2030. Tamkeen has two primary objectives - firstly, foster the development and growth of enterprises, and second provide support to enhance the productivity and training of the national workforce. To achieve these objectives, Tamkeen’s 2018-2020 strategy focuses on Diversifying offerings, Accelerate delivery and Sustaining Impact. A number of innovative programs are provided to Bahraini individuals and businesses across all economic sectors which includes training, financing, grants, advisory, entrepreneurship support and others. These programs help develop the capabilities of Bahraini individuals and enterprises in the Kingdom; it also integrates new critical concepts for a vibrant sustainable private sector. With over 330 different initiatives, Tamkeen served more than 170,000 Bahraini individuals and businesses to date.
ABOUT CH9
CH9 is the first homegrown business accelerator centre established in the Kingdom of Bahrain with the aim of helping innovative enterprises grow and prosper through knowledge, investment support and access to local and regional markets.
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