Three female-led startups have been announced as winners of the 5th cohort of the Standard Chartered ‘Women in Tech‘ incubation program in Bahrain. They were awarded USD 75,000 in total.
The winners were selected by a distinguished panel of judges and revealed during the program’s demo day. The first prize of USD 35,000 went to Ingy Alireza, Founder of Numuw.
Shahd Al Zaki, Co-Founder of ProCode emerged second with the prize of USD 25,000. The third prize of USD 15,000 went to Sarah Barghout, Founder of Let’s Collect.
The event was attended by esteemed executives and representatives from the tech space like Dr Boutros Klink, CEO of Standard Chartered Bahrain.
Also present was Ms Noora Al-Nusuf, Head of Corporate Affairs and Brand and Marketing, Middle East (excluding UAE) at Standard Chartered Bank.
Ms Yasmeen Al Sharaf, Director of the FinTech & Innovation Unit at the Central Bank of Bahrain was also in attendance.
Others included representatives from Tamkeen and the Supreme Council for Women; Mr Ahmed Hejres, Financial Counselor at UNIDO ITPO Bahrain; and Ms Marwa Aleskafi, Director of Programs and Partnerships Development at Tamkeen; Eng Mariam Jumaan, Member of the Supreme Council for Women and Ms Suzy Al Zeerah, Chief Operating Officer of Bahrain FinTech Bay.
Ten different female entrepreneurs participated in the cohort. These entrepreneurs came from a diverse array of industries, including E-Sports, B2B Marketplace, Food Technology (FoodTech), Education Technology (Ed-Tech), HR & Employee Wellness, Event Management Platform, Restaurant Management Software, Health Technology (Health-Tech), and Loyalty and Rewards.
Launched in March 2024, the Women in Tech program is an important part of a global initiative by Standard Chartered Bank. The program provides comprehensive support, mentorship, and funding to empower female entrepreneurs in Bahrain.
Every year, ten applicants are selected to participate in an 8-week program, concluding with the selection of three winners who receive financial rewards and a 3-month residency at Bahrain FinTech Bay.
