Womena’s accelerator programme, Womentum, will see the 8 women led tech startups go through a four-month intensive experience-based course, to boost their growth. Now in its second cycle, the accelerator is working in partnership with Standard Chartered.
Top-performing startups will receive up to $100,000 in direct investment from Womena’s founder, as well as $60,000 from Standard Chartered as prize money.
The Womentum selection this year speaks to the maturity of female-founded startups in the Middle East. All of these companies have phenomenal businesses from a large diversity of industries, ranging from construction tech to virtual goods and gamingChristina Andreassen, managing director of Womentum Accelerator
The 8 startups accepted into the accelerator program this year are:
Maj Solution from Lebanon: A customisable product management tool for construction projects that uses AI and real-time data analytics to automate workflows.
Fresh Source from Egypt: Offers innovative solutions to connect small-time farmers to the modern value chain, thereby saving farmers money and preventing food loss.
Chefaa from Egypt: An AI-powered on-demand marketplace for pharmaceutical products. It helps patients easily access medicine and schedule delivery by uploading prescription or using the search engine.
Luxury Promise from the UAE: A marketplace for pre-loved luxury goods that uses AI visual recognition to identify and value products while human experts use anti-counterfeit technology. Goods are delivered with speed and authenticity. Could this be the next to compete with the fast-expanding pre-loved goods brand, The Luxury Closet?
Pas-sport from Egypt: A matchmaking platform that connects local and regional athletes with sports scholarships at universities globally. Athletes are smartly-matched with universities that can recruit directly.
Dimension 14 from the UAE: An AI-powered tool for scheduling and automated decision making in organisations with complex systems, such as scheduling in universities or roster and fleet management.
MakerBrane from Lebanon: A peer-to-peer virtual maker-space where toy creators can design, build and trade digital toys using virtual building materials and play instructions that can be replicated in real life.
Dabchy from Tunisia: Another pre-loved goods marketplace operating in Tunisia, Algeria and Morocco, enabling the online community to buy and sell clothes, bags and accessories. Could this startup attract interest from The Luxury Closet in its efforts to expand to more destinations in the region?