Tag: Arab Technology Business Plan Competition

Arab Technology Business Plan Competition 2009 Semi-Finalists

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The Arab Technology Business Plan CompetitionThe Arab Technology Business Plan Competition, which is a regional Technology investment competition organized by Arab Science and Technology Foundation (ASTF) in cooperation with Intel Corporation, has just announced the list of semi-finalists for this year’s edition of the competition.

The list of 12 semi-finalists includes, in no particular order:

  • AqarMap (Yemen): An online real estate marketplace.
  • Telephone line powered lamp (Palestine): A solution to the frequent power outages in Gaza.
  • EDOM (Jordan): A system to produce green energy.
  • m-CASH (Palestine): A mobile payments solution.
  • Human Heater (Jordan): A new innovative heating product.
  • Therapeutic Vaccines (UAE): Vaccines to help treat chronic inflammation and cancer.
  • NovelMed (Egypt): New medical device.
  • Eye Controlled Typing (Palestine): Technology to help people with physical disabilities use computers.
  • Collapse Analysis (Egypt): Software applications to analyse building structures.
  • Wiphone (Egypt): Technology to convert earth frequency into wifi frequency and vice versa.
  • Blue Soft/Blue Phone (Egypt): Solution to minimize train accidents.
  • HFF (Egypt): Technology to  extract hydrogen from water and use it to generate green energy.

The competition provides the Arab entrepreneurs with a number of needed tools and skills through training and mentoring, in order to turn their Technological innovation into business opportunities.

The top 3 winners will get cash prizes of $10k, $6k and $4k respectively; and will have the opportunity to show their business plans in front of venture capitals, angel fund and investors in the ASTF Investment in Technology Forum.

The top 2 winners will also get to represent the Arab World in the world wide finals of the Intel + UC Berkeley Technology Entrepreneurship Challenge (USA).

ASTF And Intel Launch 4th Arab Technology Business Plan Competition

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ASTFThe Arab Science and Technology Foundation (ASTF), a regional and international non-profit NGO, in collaboration with Intel announced the launch of the 4th Arab Technology Business Plan Competition, and the start of the 2nd Made in the Arab World Competition, across more than ten Arab countries including the UAE, KSA, Jordan and Egypt.

ASTF was established in 2000 by Arab scientists and researchers in order to identify and support outstanding scientific achievement within the region. The Foundation also seeks to promote the advancement Arab entrepreneurship by acting as a mediator between up and coming companies and investors. 

Commenting on the announcement, Ferruh Gurtas, Corporate Affairs Group Director, Intel Middle East, Turkey and Africa said: ‘The Middle East is an exciting and dynamic region with a growing number of entrepreneurs – many of whom require initial funding to launch their projects. The 4th Arab Technology Business Plan Competition does just that. It is an opportunity for young, Arab entrepreneurs to map out and transform their ideas from a concept to a tangible working company. At Intel we believe entrepreneurship is a key driver for emerging Middle East economies. As the region begins to compete on an increasingly global scale, these skills, coupled with technological expertise will help local businesses to excel in an international marketplace.’

The Arab Technology Business Plan Competition strives to support and assist Arab entrepreneurs to transform their ideas into successful ventures by providing them with access to potential investors and venture capitalist that are willing to finance promising technology start-ups through the Arab Investment Forum, which is held annually in one of the participating Arab nations. 

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