The VMS Bridge Program recently celebrated the achievements of 10 startups from Egypt and Saudi Arabia, bestowing them with awards designed to bolster growth and expansion at local, regional, and international levels. By bridging the entrepreneurial ecosystems of both nations, the program aims to equip these businesses with the skills and knowledge necessary to successfully enter and thrive in new markets.
Five of these enterprises were awarded a four-day trip to Saudi Arabia, where they will have the opportunity to engage with Saudi investors and explore investment possibilities. This venture serves to facilitate their entry into the Saudi market and stimulate growth and investment opportunities, furthering their expansion across the Arab and Middle Eastern regions. The fortunate recipients of this prize are Amanleek, Sprints, Career 180, Jamaykaa, and Farhy.
Two companies hailing from the Arab Academy for Science, Technology & Maritime Transport’s Rally Entrepreneurship Accelerator program have each received a complimentary license for company registration in Saudi Arabia, courtesy of VMS. These companies are Notchnco and Neqabty.
Furthermore, three companies with a focus on environmental conservation and community service have been awarded a special training program provided by “Arooqa” for free. AgryCash, ReNile, and ICareer have been recognized for their dedication to social and environmental causes.
Additionally, the “Exits” company offers all participants in the Bridge Program a generous 50% discount on an investment program, led by entrepreneur Mohamed Nagaty and Saudi investors. This initiative is intended to support these companies in their quest for funding necessary for growth and expansion.
The VMS Bridge Program, launched by the Saudi-based Value Maker Studio (VMS), stands as a distinguished initiative designed to support entrepreneurs and aid startups in their journey to regional and international growth.