MENA 100 Business Plan Competition Winners
Ciapple a Jordanian startup artificial intelligence software for customer relationship management startup funded by the European Commission-SRTD program represented by its Founder and General Manager Eng. Hussein Al-Natsheh, has recently won the 3rd place award in a regional business plan competition“MENA 100” .
The final stage took place in Bahrain, Manamah, Nov 11, 2009. There were about 300 applicants, 33 of them were selected to participate in Bahrain to meet with investors , 15 finalists of them have the opportunity to present in front of an international jury, competing for 3 regional prizes totaling USD 55 thousand. Evaluation criteria included business vision, quality of team, market potential, innovation, and robustness of financials estimates.
Ciapple won the best business plan in the Information Communication Technology (ICT) category among all participants and third place on all categories. However, the first place went to Turbo from Morocco in the Automotive Category and the second went to BioBusiness from Egypt in Manufacturing Category.
Turbo – Morocco: An innovative and high-tech after sales service centre concept for automobile owners led by two young ladies with extensive experience in the automotive industry.
BioBusiness – Egypt: Manufacturing of scanning systems and non-invasive blood glucose monitoring solutions led by a team of three young engineers graduated from the Biomedical Engineering Department of the Faculty of Engineering at Cairo University.