Wednesday 01st of October 2014
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  The 2010 Competition

 

The MENA 100 Day, the closing event of the 2010 MENA 100 Business Plan Competition, was held on 10 November 2010 in Manama, Kingdom of Bahrain.
12 finalists were invited to participate in the event and to attend an interactive coaching session on 8-9 November. The finalists were:

  • Algeria: Mellis (Flavoured honey production)
  • Bahrain: Bon Appetit Sandwiches (Fast food)
  • Egypt: Fascila (Wireless systems for energy consumption monitoring)
  • Jordan: Learning Arabia (Interactive education tools)
  • Lebanon: Nano Magic Technologies (Wireless earphone)
  • Morocco: Développer le tourisme équitable au Maroc (Sustainable tourism)
  • Palestine: LeNO (Electronic tools for educational institutions)
  • Saudi Arabia: Holding Company (Interactive website for entrepreneurs and businesses)
  • Syria: Yamam (Textile)
  • Tunisia: Société de Commercialisation de l’Artisanat Maghrébin (Fair trade)
  • UAE: Vastry (online search engine)
  • Yemen: Arabiccoach (interactive language-learning tools)
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    The 12 finalists gave 10 minute presentations in front of a final panel of jurors. Each presentation was followed by a 10 minute Q&A session. After the presentations, the jurors held a closed working session to define the three winning teams, based on the scores obtained in the oral presentations and in the written business plans.
    The 2010 MENA 100 Business Plan Competition winners were announced at an official dinner organised by the MENA Centre for Investment.

    The winners of the 2010 MENA 100 Business Plan Competition are:

    1. First prize (USD 25 thousand): Learning Arabia, from Jordan. An innovative venture providing online services allowing teachers to connect with students on a one-to-one basis or a one-to-many basis.

    2. Second prize (USD 10 thousand): Fascila Limited, from Egypt. A start-up specialised in designing wireless automation systems targeted at a wide number of applications such as energy management and utilities, education, intelligent traffic systems, health care, etc.

    3. Third prize (USD 5 thousand): Vastry, from the UAE. A web-based venture enabling online publishers to effectively communicate their advertisements’ profile with advertisers.

    4. Special mention for the best “elevator pitch”: Arabiccoach, from Yemen. An online platform that will connect teachers from the Middle East with students who want to learn Arabic online in a fully interactive experience.

    During the final event and in parallel to the presentations, finalists had the opportunity to connect with sources of finance such as the Bahrain Development Bank, Family Bank, Tenmou (the Bahraini Business Angel Company) and potential investors from the MENA region.

    Pictures and videos from the final event will be published soon!


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