Dubai PR Network, Online Press Release from Dubai and Middle East
 
Events and Exhibitions(Events & Exhibitions)
Filter PR by
  
Sheraa Awards $50,000 Grant to Tech Startup in Ramadan Majlis
 

Dubai, UAE, June 10, 2018:  In the esteemed presence of His Excellency Sheikh Fahim Al Qasimi, the Sharjah Entrepreneurship Center (Sheraa) showcased its newest cohort in front of leading investors, key opinion leaders and heads of government entities, and announced the winner of the $50,000 Accelerator Program Grant at a Ramadan majlis, earlier this week. 

The grant was awarded to Solva Technologies, a tech startup offering an environmentally-friendly solution to fleet owners using fully electric motorbikes modified with proprietary technology.

Following the completion of an accelerator program that helps early stage, high-growth startups scale their business through intensive workshops and mentorship, ten startups shared the stage to introduce their products and services for an aptly titled ‘Showcase Day’ segment of the Ramadan Majlis.

The Majlis was also attended by His Excellency Sheikh Mohamed al Thani and His Excellency Marwan al Serkal.

The teams and individuals pitched their ideas, which hail from retail, charity, media and technology amongst others, enabling them to connect with the right people who will help push their startups forward. 

These ten teams were shortlisted by Sheraa after passing through rigorous screenings for innovativeness, commercial viability and potential impact, after which they underwent an intensive 4-month training and mentorship program. The new startups were supported with specialized mentorship, in-depth financial, legal, marketing and product help, office-space and access to customers amongst other benefits during their course.

“Sharjah is fast emerging as a hub of creativity and innovation in the recent years. Programs such as Sheraa’s and events such as ‘Showcase Day’ help catapult these young, fruitful ideas towards success,” commented His Excellency Sheikh Fahim Al Qasimi, Executive Chairman of the Department of Government Relations. “As someone who is constantly encouraging tech innovation within the emirate, seeing the graduates present their brand is a step towards further innovation and betterment society.”

“To build a sustainable business, you need a tailored support system, made up of industry experts, investors, and fellow entrepreneurs,” says Najla Al Midfa, CEO of Sheraa. “This is what Sheraa offers our startups. Our third cohort is a testament to the success of our model. I have been continuously struck by the dedication, talent, and caliber of skill of our startups, and I am so proud to see how far they have come over the course of the Accelerator program. It is also vital that government leaders engage with such entrepreneurs, which is why we are honored to have had His His Excellency Sheikh Fahim Al Qasimi present his keynote on to the role entrepreneurship and innovation will play in Sharjah's plans for the future.”

 


Posted by : Dubai PR Network Editorial Team
Viewed 3117 times
PR Category : Events & Exhibitions
Posted on : Sunday, June 10, 2018  4:51:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Global brands sign up for SGI Dubai 2019
Next Story : Department of Culture and Tourism – Abu Dhabi Announces 24-h...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
du Distributes Eid Gifts at Al Jalila Children's Hospital [11755-Views]
Al-Futtaim ACE celebrates Eid with exciting offers and activities [11291-Views]
Marchon Eyewear Summer 2018 Collections [11132-Views]
24 hour Mega Sale at Dalma Mall! [10962-Views]
GUESS Trend Alert | The Summer Blues [6600-Views]
Hair Rituel by Sisley Now available at Paris Gallery [6368-Views]
Splash's ‘Life After Fashion' Campaign Breathes New Life into Old Garments [6307-Views]
Beautiful Freaks [6027-Views]
Alfahim Announces New Three-year Partnership With UAE Triathlon Federation [5813-Views]
Danube Properties launches Dh550 million Lawnz project at International City, adding 1,064... [5600-Views]
Boss watches presents Master Collection [5423-Views]
Samsung Introduces Sunrise Gold and Coral Blue Editions for the Galaxy S9 and S9+ [5234-Views]
UAE Team Emirates Blend Youth and Experience as They Announce Line-up for Italian Showcase [5094-Views]
Back to the 90s with GUESS Originals [4868-Views]
Liali Jewellery gets the Capillary Technologies boost to enhance customer engagement [4862-Views]
RAYMOND WEIL Freelancer ACDC Limited Edition [4666-Views]
Shop and earn Skywards Miles at The Dubai Mall [4606-Views]
The Timekeeping Starts Now! [4465-Views]
The Rado True Open Heart Automatic [4368-Views]
Kitchen Design from a Single Source: GROHE Sets Holistic Design Accents with Its New Kitch... [4349-Views]
What's better than a good breakfast on your Birthday? One that is free! [4026-Views]
Nikai Group supports Al Noor Centre with assistive technology devices [3995-Views]
Tommy Hilfiger introduces latest SS18 women's watch collection [3959-Views]
Keep cool with Marks & Spencer's linen collection [3953-Views]
Realty exhibition brings plethora of investment opportunities for expat Indians [3874-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories