Bahrain Fintech Bay, US State Dept’s MEPI Supported Construct for Bahrain Acceleration Program, Winners Introduced

The Construct for Bahrain Acceleration Program, held in partnership with Bahrain Fintech Bay and the US State Division’s MEPI, has now ended with the three profitable groups efficiently finishing the acceleration program and 3-month incubation interval (held at Bahrain FinTech Bay).

This system (in Bahrain) reportedly obtained greater than 150 purposes, and solely 10 really obtained shortlisted to advance to the 6-week acceleration program, the place they have been launched to a community of business leaders and mentors. Program members have been capable of obtain acceptable steering and acquire entry to useful assets with a view to improve their merchandise.

The highest three groups, TullabApp, The Nourishers, and Ladies Who Learn, have been chosen because the winners through the demo day that happened earlier in 2021. Every winner obtained prize cash in addition to a 3-months incubation interval to help their product improvement efforts at Bahrain FinTech Bay.

Shreya Rammohan, Co-Founder and CMO of Ladies Who Learn, said:

“Construct for Bahrain enabled us to be taught from specialists and the ecosystem of startups throughout the program. We have been capable of demystify the method of pitching and elevating funds while additionally re-strategizing the precise enterprise mannequin for us. Successful re-affirmed confidence in our strategy, and we’ve been motivated to launch the free-access group to pique curiosity. Now we have been capable of scale to 400 official members on our mailing lists, circulated pre-prototype surveys, interviewed an NYT Bestselling Creator, constructed customized proposals for 3 entities in Bahrain & KSA, established a bookstore partnership in Bahrain, examined a model partnership marketing campaign, grown our social viewers by 1.2K organically and onboarded trainees to help.”

Shreya additionally famous that they’re at present engaged in refining their MVP with a brand new strategy based mostly on market suggestions with a view to provide a extra inclusive all-digital platform underneath Ladies Who Learn that “accommodates a number of ebook membership classes with co-host partnerships that may be subscribed to.”

Ladies Who Learn is a digital ebook membership app that goals to encourages girls to learn collectively as a group of studying ambassadors. It offers entry to masterclass workshops and a very participating studying expertise.

Azzam Quradhi, Co-Founder, Tullab App, remarked:

“The fund we attained has facilitated us to kick-start and launch our app. The incubation program has additional elevated our data, which allowed us to achieve entry to numerous new abilities and alternatives. Assembly different startups was some of the useful facets of this program.”

Azzam additionally talked about that his crew has now registered their firm and has been capable of join with stakeholders, such because the College of Bahrain, “for future collaboration alternatives.”

TullabApp is a Cloud-enabled app that comes with a multilingual person interface that’s designed in line with a scholar’s particular necessities. It goals to empower learners through a safe digital group that lets then handle their research life, successfully talk with friends, and share their abilities.

Founder & CEO Hamad Al Saad famous:

“Bahrain FinTech Bay is a dynamic middle that nurtures startups to supply all of them the assets and steering wanted to excel.”

The Nourishers is described as a holistic listing of life-style and wellbeing professionals who’re prepared to supply help to customers of their journey. Moreover, it provides teaching with a in depth administration system and assists in supporting them together with their companies.

The Construct for Bahrain Acceleration Program, established with help from Bahrain FinTech Bay (BFB) and the US State Division’s Center East Partnership Initiative (MEPI), was launched to help MENA area startups.

These corporations goal to supply tech-enabled companies to deal with varied challenges.