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3 Startups in Lebanon Win Seed Funds During Jusoor’s Startup Roadshow 4 Demo Day

Group Picture from Jusoor’s Startup Roadshow 4 Beirut Demo Day Occasion


Judges giving suggestions to startups throughout Jusoor’s Startup Roadshow 4 Beirut Demo Day

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Following intense competitors, three startups based mostly in Lebanon emerged because the winners, surpassing 77 different collaborating startups.

There are a lot of parts of success; two parts stand out as core to Jusoor’s DNA. Relentless optimism, a top quality that’s important for our missionö and what we at Jusoor name the multiplier impact”

— Dr. Alexandra Chen

BEIRUT, LEBANON, July 22, 2023/ — Six months after its launch in Jordan and Lebanon, Jusoor’s Startup Roadshow 4 involves an finish with a Demo Day in Beirut, the place ten startups from Syria and Lebanon competed for the highest three locations. This competitors is Jusoor’s fourth iteration of the Roadshow in partnership with SPARK, it additionally marks as Jusoor’s largest and most superior competitors to this point.

The judging committee, traders, and regional enterprise incubators and accelerators witnessed the pitches of the ten finalists, who vied for seed fund prizes. Amongst them, three bold entrepreneurs and startups hailing from Lebanon and Syria emerged as the highest winners.

The Demo Day that occurred on July 06 in Beirut additionally welcomed greater than 80 viewers members from startups, traders, regional enterprise incubators, and representatives of  accelerators and business consultants from the personal and public sectors.

The occasion began with the Lebanese Nationwide Anthem, adopted by opening speeches from Dr. Alexandra Chen, Jusoor’s Trustee, and Interim Govt Director, introducing Jusoor and our beliefs in fueling the rising entrepreneurs; and Ziena Abu-Dalbouh, Jusoor’s Head of Entrepreneurship summing up the undertaking affect on the lives of 1000’s in Lebanon and Jordan.

“There are a lot of parts of success; two parts stand out to me as core to Jusoor’s DNA. The primary is relentless optimism, a top quality that’s important for our mission. The second is what we at Jusoor name the multiplier impact, which is our perception that every pupil, trainer, mum or dad, scholar, and entrepreneur that we work with is a robust catalyst of change for his or her household, group, nation, and technology if solely we capitalize on this potential” mentioned Dr. Alexandra Chen.

The Startup Roadshow 4 Journey

Jusoor’s Startup Roadshow 4, which acquired co-funding from SPARK, the Islamic Growth Financial institution, and Abdul Aziz Al Ghurair Basis, commenced its fourth version in late 2022. The roadshow featured a collection of in-person hackathons held in Jordan and Lebanon, with a specific emphasis on the cities of Irbid, Amman, Tripoli, and Beirut. Over 263 aspiring entrepreneurs from Syria, Jordan, Palestine, and Lebanon gathered at these hackathons to accumulate information, forge connections, and obtain beneficial steerage and mentorship in establishing and increasing their very own companies. The coaching encompassed numerous areas similar to product and utility improvement, monetary modeling and forecasting, gross sales and digital advertising, authorized registration, and investor presentation.

Following the hackathons, the highest 85 groups from each nations have been chosen to enter the incubation section of this system, the place they acquired specialised coaching and mentoring. This section served as an important stepping stone for a lot of younger entrepreneurs, notably these from marginalized communities, as they launched into their entrepreneurial journey for the primary time. It additionally supplied them with alternatives to interact with potential traders and companions. Over the course of this program, contributors benefitted from greater than 670 hours of complete coaching classes, overlaying know-how instruments and mentorship.

On July sixth, 2023, the panel of judges witnessed the enterprise pitches of the highest 10 groups, finally awarding money prizes to the three most excellent groups. The primary-place workforce acquired $7,000, the second-place workforce acquired $5,000, and the third-place workforce acquired $3,000.

“What we witness right this moment is the end result of a course of in which greater than 175 trainers, mentors, service suppliers, and workforce members have been concerned.” Ziena Abu-Dalbouh, Head of Entrepreneurship.

We prolong our heartfelt congratulations to the successful groups, Exotech (first place), Liber (second place), and Ejit El Kahraba (third place), for his or her distinctive dedication and noteworthy efforts in driving their companies in the direction of success. We applaud their willpower to go above and past in pursuit of their objectives. We might additionally wish to congratulate all of the groups which have reached this vital milestone, recognizing their arduous work, accelerated development, and noteworthy improvement showcased all through this transformative journey. Moreover, we congratulate the 2 startups, Rollercoaster Edu and Ejit El Kahraba for successful the highest two awards in the Revolutionary Scientific Entrepreneurship Award given by the Syrian Society for Scientific Analysis.

We take pleasure in the success of Startup Roadshow 4 in empowering entrepreneurs from Syria, Jordan, Palestine, and Lebanon to show their concepts into actuality. We specific our honest gratitude to our esteemed judges, Asmahan Zein, Fawzi Rahal, and Mohammad Mouawiya, for his or her beneficial contributions and notes that they provide to the viewers and contributors. Particular thanks are additionally prolonged to our panelists, Zakie Karam, Angel Investor at IM Capital and Co-founder & Normal Supervisor at DON Telecom, Rasha Manna, Normal Supervisor at Flat6labs Jordan, and Dania Ismail, Jusoor Co-Founder & Board Member, for his or her insights in the course of the panel dialogue on ‘Enterprise Finance Put up Incubation’ have been invaluable. We wish to acknowledge the enduring partnership with SPARK, which has enabled us to carry concepts to life since 2018, and for that, we’re really grateful.

Mahmoud Tahan
+90 534 618 69 51
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