On November 19, during Seedstars Ramallah, Kenz won the Palestineround of Seedstars World 2019 and will represent the country at the Seedstars Summit in Switzerland to compete for up to USD 500,000 in equity investment and other prizes.
Ramallah, Palestine, November 19 – Seedstars World, the largest seed-stage startup competition for emerging markets and fast-growing startup scenes, brought its Palestine round to a successful close during Seedstars Ramallah. The event took place this Tuesday, at uMake, and 10 selected startups were invited to present their companies in front of the local jury panel.
The local winners were chosen for their innovative sustainable solutions in their different fields. The 1st winner of the competition was Kenz which is revolutionizing the way women shop online for lingerie and bras in the MENA region by providing the best fitting styles and sizes. In second place came WeDeliver, the first crowdsourced “on-the-way” technology-driven delivery service for businesses in Emerging Markets. As for the third place, it was taken by TollabCo, a web/app platform connects university students with jobs and work opportunities while studying
As a part of the prize, Kenz will be participating at the Seedstars Regional MENA Summit and Seedstars Global Summit, which takes place in Switzerland, in April 2020. It is a week-long training program, with the opportunity to meet the 65+ winners from other fast-growing economies, as well as investors and mentors from around the world. The final day of the Summit is dedicated to pitching in front of an audience of more than 1000 attendees, with the possibility of winning up to USD 500,000 in equity investment and other prizes.
In order to provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, In order to provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, Seedstars is closely working with Growth Training and Development, who are representing the initiative throughout the year. “We are very proud to enabling such an opportunity for Palestinian entrepreneurs to explore the global landscape and be part of this global initiative. It is important for us to show the world the outstanding Palestinian potential and capabilities,” explains Mahmoud Thaher, Co-founder at Growth Training and Development.
Seedstars World competition in MENA comes to an end with the next stop of the tour being the Regional MENA Summit. As a catalyst to facilitate the best business and investment opportunities in the region, the Seedstars Summit MENA will gather its network of startups, investors, mentors, ambassadors, partners and over 150 key stakeholders in the Middle East and Northern Africa. This year’s edition will be held in Casablanca, Morocco, from December 10th to 12th.