Close Menu
    Facebook X (Twitter) Instagram
    Saturday, June 21, 2025
    961
    Instagram Facebook LinkedIn TikTok
    • Breaking News
    • Guides
    • Food & Drink
    • Listicles
    • Join the Team
    • Whatsapp
      • 961
      • 961 News
    • AUB Outdoors ☀️
    Advertise with Us Get the App
    961
    Home»News
    2 Mins Read

    Two Lebanese Startups Shine In A Major Competition In The MENA Region!

    By Grace HovsepianOctober 11, 2017Updated:March 11, 2020
    Facebook WhatsApp Copy Link

    The startup ecosystem in Lebanon is thriving! In fact, the World Economic Forum and the International Finance Corporation shared a list this year called

    100 Arab start-ups shaping the Fourth Industrial Revolution

     that includes

    9 Lebanese startups

    ! This year, numerous startups took part in the Global Startup Movement Competition. The latter is a part of GITEX Future Stars 2017 which is the largest startup confluence of global tech entrepreneurs, international investors and influential corporate buyers in the MENA region.

    Speed@BDD

    , a Lebanese startup accelerator based in Beirut, devotes itself to seeing grand potentials in new business ideas. In fact, it has gathered 13 Lebanese-founded startups and organized a delegation to GITEX Future Stars 2017 in Dubai. The startups that took part in this competition were competing for prizes that are worth $180,000 in total. 200 startups from the MENA region have applied, and only 17 of them have made it to the finals. Two Lebanese startups that are the alumni of Speed@BDD were among the finalists, and one of them (Fig) made it to the semi-finals!

    These are the Lebanese startups!

    Modeo:

    a new modular do-it-yourself furniture solution based on a mobile application enabling everyone to customize, visualize, and order interlocking modular parts that are very easy to assemble.

    Title:

    Best Disruptive Startup

    Prize:

    $15,000 in cash

    Cherpa:

    an online platform that teaches robotics and electronics to youth in a fun and interactive way. From building and coding projects to interacting with virtual missions, Cherpa is introducing a new dimension that reshapes the world of robotics.

    Title:

    Best Youth Startup

    Prize:

    $15,000 in cash

    Fig:

    a startup working on creating chatbots that integrate seamlessly into a user’s life by understanding him and learning his habits. This startup received an investor meeting opportunity. The Lebanese startup ecosystem proved once again that it has the potential to be a leader in the MENA region and eventually, be a competitor in the global market!

    Share. Facebook Twitter LinkedIn WhatsApp Reddit Email

    For You

    whish pay lebanon 961

    You Can Now Use Whish Pay At Shopify Stores

    lebanon cybergames 2025 hacking 961

    Lebanon Just Won A Global Hacking Competition

    visa whish money partnership

    Visa and Whish Money Just Partnered To Push Digital Payments in Lebanon and Abroad

    uae travel ban lebanon 961

    UAE Is Officially Removing The Travel Ban On Lebanon

    Joe Issa El-Khoury 961

    Who is Joe Issa El-Khoury, Lebanon’s New Minister of Industry

    Tamara El-Zein 961

    Who is Tamara El-Zein, Lebanon’s New Minister of Environment

    Low-Cost Lebanese Airline 961

    We Might Finally Be Getting A Low-Cost Lebanese Airline – Here’s What We Know

    lebanon jounieh cyprus by ferry 961

    You’ll Soon Be Able To Travel Between Lebanon & Cyprus By Ferry

    June 8, 2025
    whish pay lebanon 961

    You Can Now Use Whish Pay At Shopify Stores

    June 13, 2025
    Michel Hayek

    Michel Hayek 2025: Predictions For The World

    December 31, 2024

    20 Celebrities You Probably Didn’t Know Had Lebanese Roots

    April 22, 2019
    Michel Hayek

    Michel Hayek 2025: Predictions For Lebanon

    December 31, 2024
    lebanon cybergames 2025 hacking 961

    Lebanon Just Won A Global Hacking Competition

    June 10, 2025
    Michel Hayek

    Michel Hayek 2025: Predictions For The Middle East

    December 31, 2024
    lebanese beer brands almaza beirut beer 961

    Lebanese Beer Brands Are Publicly Throwing Shade, And It’s Getting Frothy

    June 7, 2025

    Lebanon’s Shawarma Is Going Viral in The Philippines

    April 21, 2019
    961 Logo
    Facebook WhatsApp TikTok Instagram

    Popular Topics

    • Guides
    • Eat & Drink
    • Listicles
    • Lebanon News
    • Diaspora
    • Explained

    961

    • About
    • WhatsApp Channel
    • News WhatsApp Channel
    • Corrections Policy
    • Ownership & Funding

    Services

    • Advertise
    • Careers
    • App Waitlist
    • Contact Us
    • Newsletter
    961™ | All Rights Reserved ©2025
    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Okay