Seedstars Is Heading to Manama to Find the Best Startup

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ArabNet Team
Oct 18 2018
Competitions
Seedstars Is Heading to Manama to Find the Best Startup
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Seedstars World 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 $1M and network with investors and mentors from around the world at the global Seedstars Summit in Switzerland. Its previous participants have raised over $92M collectively, providing employment to more than 2,100 employees worldwide.

The best 10 seed-stage startups in Bahrain will be invited to pitch at the Seedstars Manama event for a chance to participate in Seedstars Summit in Switzerland based on these criteria: they need to be less than 2 years old, have raised less than $500K in funding, built a minimum viable product (ideally with existing traction), and have regional and global scalability.

In order to provide local entrepreneurs with this opportunity, Seedstars is closely working with Tamkeen and CH9 who are representing the initiative throughout the year.

“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.

“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. Ebrahim Mohammed Janahi said.

“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 and Chairman of CH9 explains, “We look forward to hosting Seedstars MANAMA at CH9 on October 25th, and help entrepreneurs skyrocket their growth”.