FinTech Focus

Training and chance of $1million prize

November 21 - 27, 2018

Gulf Weekly Training and chance of $1million prize

Seedstars World, the largest seed-stage start-up competition for emerging markets, brought its Bahrain round to a successful close in Manama. The event took place at CH9 and eight selected start-ups were invited to present their companies in front of a jury panel. was named ‘Best Start-up in Bahrain’ for its total electronic medical records and clinic management system. “Our start-up makes it extremely simple for small and medium-sized clinics to fully digitise and automate their operations. We aim to provide the region with a data-driven healthcare that benefits all the stakeholders in the healthcare process,” said Ebrahim El Qassab, its COO.

Part of the prize will be participating at the Seedstars Summit, which takes place in Switzerland next April. It is a week-long training programme, with the opportunity to meet the 65-plus winners from other fast growing economies, as well as investors and mentors from around the world.

The final day of the summit is dedicated to pitching in front of an audience of more than 1,000 attendees, with the possibility of winning up to $1m in equity investment and other prizes.

The local start-ups pitched their ideas in front of a jury, including Mohamed Al Ansari, Abdulmohsen Al Majnouni and Alix Brunet.

The local ambassador of Seedstars World, CH9, organised the event with Seedstars World’s local partner, Tamkeen. The event attracted interest from over 40 start-ups and around 85 attendees.

Eshipsol, an eCommerce logistics company, came second and eNaseej, an online marketplace company, grabbed the last spot in the top three. The other start-ups invited to pitch were The Stories Studio, Time Control Technologies, Nural Technologies, Weyak and Inagrab.

The organisers described the ecosystem in Bahrain is ‘very friendly and very promising’. Seedstars is a Swiss-based group with the mission to impact people’s lives in emerging markets through technology and entrepreneurship, with a focus on the UN’s Sustainable Development Goals. It connects stakeholders, builds companies from scratch with public and private partners and invests in high-growth start-ups.

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