By: Pakinam Khalid
The Rise-Up Summit announced the winners of the first multi-stage regional competition to present ideas, "Pitch by the Pyramids", which was held at the Giza Pyramids on the eighth of December, in conjunction with the Rise-Up Summit 2019. Yanzo, a personal assistant at the request of Dubai, received a voting award The audience won a prize of $ 60,000, and PayNas, a platform and cloud management of human resources and payments from Cairo, won the second prize of $ 50,000 from early-stage corporate finance institutions and 500 Startups support programs according to due diligence procedures
As for the two companies Receet, which is a platform for the application of digital receipts via mobile phone from Ramallah, and CloudSale, a platform for electronic purchases system for small and medium companies from Beirut, they got "VIP" tickets to attend the Dubai Expo 2020 provided by SABB Egypt, in addition to receiving a lease My office for a year in Dubai from the Dubai Airport Freezone (DAFZA), while Amjad, which provides electronic services for energy management from Cairo, received a "VIP" ticket to attend the Dubai Expo 2020 presented by SABB Egypt, and 10 other companies received invitations to attend Dubai Expo 2020 All the companies participating in the competition received free purchases $ 2000 worth of Amazon cloud computing services.
The jury included Hassan Haydar, a partner at 500 Startups, Ansi Sawiris, the managing partner H.O.F Capital, Kamran Ilahian, president and co-founder of Global Catalyst Partners, Karim Bishara, co-founder, Accelero Capital, and Hanan Abdel Majeed, founder and chairman of Kamelizer.
Mohamed Jaafar, co-founder of the winning company Yanzo, stated: “We cannot describe our appreciation for the appreciation we received after the great effort that we made, and there is still a long way to go. I would like to thank RiseUp and everyone for giving us this opportunity.”
Dina Al-Titi, Vice President of Business Development at Receet, one of the winning companies, said: "We are very happy with the users' satisfaction with our product, which means that we are on the right track. We are all enthusiastic to revolutionize the market and change the world."
As for Abdel-Hamid Sharara, co-founder and CEO of RiseUp, he said: “The Pitch by the Pyramids” competition was a concept that we had been looking for years ago, and today finally we started reaping the fruits of this important event. And it also began with a dream that we link the innovation of the ages. Old Innovations of the Future, out of 1,000 contestants, 139 startups participated, and 14 of them displayed their ideas here today. "
The competition included those who qualified from 7 cities for start-up companies in different regions in the Middle East and Africa to reach the final event, and the regional partners from each city, which are Cogit Group Workspaces in Tunisia, Wamda in Dubai, Social & Tech in Amman and Ramallah, and Space in Riyadh, and Startup Grind Co. in Beirut, by organizing qualifications for the participating companies, and the best and most innovative companies were chosen to reach the final event that was held in Cairo.
Prior to the final event held today, Sunday, December 8, an expert was appointed to advise all emerging companies that have reached the final stage in their field of work in order to support the growth of those companies during the competition, and the companies participating in the competition presented their ideas to a number of invitees, including companies Capital and investors, in addition to an extensive media presence, which ensured the emergence of the ideas of these companies in the largest number of media outlets for upcoming business activities.
It is worth noting that the activities of the "Rise-Up" Summit were held from 5 to 7 December, and addressed many topics including technology, capital, innovation and growth, and during the three days that the summit was held, it witnessed the attendance of 8200 participants, 290 startups, 200 workshops and 400 Investors and more than 300 speakers.
About RiseUp:
Rise-Up was established in 2013 in Egypt, and it quickly became a grassroots movement that spread throughout the Middle East and North Africa region and beyond. In order to stimulate the entrepreneurial system and connect regional startups with global resources. Starting with the Rise-Up Summit (the annual entrepreneurial event in the field of entrepreneurship), and reaching a set of products and activities aimed at supporting startups, developing an entrepreneurial system throughout the year, including, Rise-Up Explore, and Rise-Up Meet-Up.
