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MITEF Saudi Arabia>MITEF Saudi Competition 2016>Startups Track

Startups Track

First winner:
SR 100 000
Second winner:
SR 25 000
Third winner:
SR 15 000

We are targeting high impactful startups who are legally registered in Saudi Arabia, with skilled and experienced team members, and scalable and expandable business or social activities

  • At least two members per team
  • At least one Saudi national on the team
  • Working Demo, ideally with some user traction and some sales
  • Generates at most SAR 1 Million in annual revenues
  • 0-5 years in operations (whenever it registered)
  • Legally registered in Saudi Arabia
  • You may register your entity as an establishment or a company
  • Your Startup can be in ANY industry
1st winner
Madad Services LLC
2nd winner
iBoat
3rd winner
Nushmi Services

Finalists

  • Zayer
  • Float
  • Gorfah
  • Shayala
  • Madad Services LLC
  • Nushmi Services
  • iBoat
  • Mrsool
  • Ajeer

Semi-Finalists

  • 7aratna
  • Ajeer
  • Aman
  • Float
  • Gorfah
  • iBoat
  • Madad Services LLC
  • Mrsool
  • Nushmi Services
  • Salhah
  • Shayala
  • Sihatech
  • Venus
  • WarshaPlus
  • Zayer

Winners

Madad Solutions LLC

Madad Services LLC is a HoReCa multivendor business-to-business e-commerce company that is created to revolutionize today’s trading market by interconnecting suppliers and manufacturers with Hotels, Restaurants, and Café Shops across Saudi Arabia. Our concept is simple; we don’t sell products, instead, we offer a web platform that facilitates the exchange of goods. Our goal is to digitize the regional trading market and help businesses grow through internet technology.

Team:

iBoat

iDiveTeam is a Boating agency / Off shore Trip’s operator Started in 2013 as the 1st step of taking it to the next level and converting an Old hobby to a Small business , After a concentrated Market Observation and practicing the water sports and enjoying it . We Bought the 1st Boat and operated it from Jeddah City in Saudi Arabia , And After our Network started to expand within the region , We started to operate trips in cities which are more that 700 km away , We started to think about making iBoat Project happen. iDiveTeam Started with different business model which was buying one boat and making off shore trips on it , For Divers Sports fishermen , and cruising as well.

Team:

Nushmi Services

NUSHMI is an online service marketplace; a platform that acts as a hub for users. It connects city visitors with locals, and facilitates their interaction. NUSHMI is an easily accessible, culturally customizable platform. It aims at improving our regional economy, and empowering youth to leverage and maximize their potential. NUSHMI facilitates many services delivered both virtually or onsite. The platform consists of a website, and smartphone apps.

Team:

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