Search DubaiPRNetwork.com

Home >> Events & Exhibitions

Sheraa Awards $50,000 Grant to Tech Startup in Ramadan Majlis

Sunday, June 10, 2018/ Editor -  

Share

Home >> Events & Exhibitions

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.”

 


Previous in Events & Exhibitions

Next in Events & Exhibitions


Home >> Events & Exhibitions Section

Latest Press Release

Roger Dubuis celebrates UAE National Day with exclusive Limited Edition Excalibu ...

HUGO BOSS Watches Focus Collection

Danube Home launches the biggest home interior showroom in the region!

Danube Home Joins the 3 Days Super Sale

UAE National Day grand celebrations at Ibn Battuta Mall

DC Aviation Al-Futtaim awarded FBO of the Year 2018 at The Transport and Logisti ...

Al-Futtaim ACE Price Crash Sale offers massive deals

Property Sharjah Real Estate Registration Directorate gets ISO 9001: 2015 certif ...

Rocket Carrying First-Ever Research and Earth Observation Cubesat Built by Khali ...

The Smurfs are turning 60 at MOTIONGATEâ„¢ Dubai

DWTC awarded by Dubai Municipality for continuous support of UAE Food Bank

Looking for a new feline friend to add to your household? Look no further!

Danfoss enters wastewater market with a series of high energy efficiency pumps

Huawei Launches A New Era in Smartwatch Endurance

Dubai Health Authority discusses mental health on Universal Children's Day

Club Vista Mare rounds off Dubai Fitness Challenge with biggest edition yet of C ...

The mystery of dandruff jokes finally revealed

RAPP's Development Continues as New Crm Director Joanna Witsch Joins the Mena Te ...

Abu Dhabi International Airport opens multi-faith prayer room in celebration of ...

Plan b Group to Promote ‘Visit St Petersburg' Tourism Activities in the UAE