6 Arab Startups anyone can invest in with as little as $100
Few months ago the region witnessed the launch of crowed investment platform eureeca.com, the platform showcase small and mide size business in the Arab region for investors to invest in. The process goes as followed :
The startup submit and investment proposal which includes an executive summery and a business plan and set its funding goal, after approval the startup has 90 days to raise the targeted fund from the crowed. The investor can invest $100 or more (terms and conditions are set by the entrepreneur) and they credit their Eureeca account with the amount they want to invest in, the crowed can ask the entrepreneur questions , review, share and provide feedback. If the funding goal is not met, the money is returned to the investor’s eureeca account where he/she can invest in other startups or withdraw the money.
If the funding target is met, Eureeca will complete the final legal requirements and manage the exchange of funds for equity.
Today in the platform there are 6 startups that are raising investment and anyone can invest on them and they are:
My Ex Wardrobe
a multi-faceted platform for buying and selling pre-loved fashion, the startup is raising $52,000 it has raised so far as of writing this post $1,844
which came from Oasis500 in Jordan is the first Arabic “books” social network for readers, writers, and blogger s raising $120,000 it has raised so far as of writing this post $24,878.
an online shopping club in the Middle East for top design & lifestyle brands at discounted prices in fashion home & more., it has met its investment target of $50,000 and exceeded it it has raised so far $78,922 as of writing this post.
another Oasis500 accelerated company , it is a social discovery platform for food where users can collect, create, browse and buy all about food in one place. The startup is raising $91,250 and it has already raised as of writing this post $28,645.
is Dubai based startup is a s a B2B marketplace listing products, services & companies in the MENA region, think of alibaba for the Arab world.
The startups is raising $140,000 it already raised as of writing this post $74,485.
Alexandria based and was incubated at Tahrir sq Alexandria incubator, the startup is social marketplace for SMEs whose main interest is Fashion. It is aiming to raise $60,000 and already raised as of writing this post $400.