SC Women in tech incubation: Top 5 teams get $50,000
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Maximize, Trillion Tree Fund, PawArabia, Yatta Sports, and Alrawi are the top five winning teams of the SC Women In Tech Bahrain Programme with a combined $50,000 prize money.
Each of the teams won $10,000 each from the event held in partnership with Standard Chartered Bank, the Supreme Council for Women, and Bahrain FinTech Bay. Additionally, the teams will be incubated at Bahrain FinTech Bay for three months with access to its co-working space and facilities.
“After 11 years of building the entrepreneurship ecosystem, this was my first time being on the other side as a startup. A huge thank you to the BFB team and Standard Chartered for being super supportive and genuinely engaged with the climate tech platform I’m building,” said Leena Al Olaimy, the Founder and CEO of Trillion Tree Fund (TTF), after winning the award.
Hanan Merza, CEO of Maximize, said, “Being part of the Standard Chartered Women in Tech program has helped us in many ways.
It was a very insightful journey, and the highlight of it was being exposed to a new network of mentors and coaches who are experienced in different areas.”
Commenting on the event, Dr Boutros Klink, CEO of Standard Chartered Bank Middle East & Bahrain, said, “Standard Chartered Women in Tech Incubators support female-led entrepreneurial teams with business management training, mentoring, and seed funding.” He added: “The incubators are designed to help address gender disparity in the technology sector and to use technology to tackle social challenges faced by communities.”
Ranya Al Jarf Director of the Gender Balance Centre at the Supreme Council for Women, stated, “We congratulate the winners on their achievement and hope the participants benefit from this experience in further developing their projects to more sustainable and advanced levels.”
Khalid Dannish, the CEO of Bahrain FinTech Bay, said: “The SC Women in Tech programme has proven that it is an ideal platform for female-founded startups to gain traction, exposure, and grow their business.”