The Techstars Riyadh Accelerator kicked off in early November in Saudi Arabia. 12 companies drawn from Saudi Arabia and the wider MENA region are participating. The companies represent innovation across the 6 sectors of EdTech, logistics, and fintech, and more. Shortlisted firms receive US$120,000 in addition to hands-on mentorship and access to the Techstars network.
The program is held in a partnership between MCIT and Raed Ventures that will grow the startup ecosystem and drive innovation across the region. MCIT is now a leader in driving innovation and entrepreneurship in the technology sector – guided by a vision 2030. Raed Ventures runs on a mission to invest in innovative regional founding groups where their regional expertise helps them navigate these markets.
The three Egypt startups that took part are cloud-based PoS retail management platform Tegarti,
Article source: https://www.techinafrica.com/3-egypt-startups-among-12-mena-companies-at-the-techstars-riyadh-2022/
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