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
! 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.
, 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 [email protected] were among the finalists, and one of them (Fig) made it to the semi-finals!
These are the Lebanese startups!
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
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!
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