Awards Description

The Euromena Awards is an annual startup competition organized by Euromena Consulting to benefit local and regional startups.  Following the first successful Edition of the Euromena Awards held in Abidjan, Ivory Coast in 2017, Euromena Consulting launches the Middle East and North Africa (MENA) Edition of the Awards this December, empowering and equipping startups to scale their businesses in the region.

The Awards ceremony will be hosted in Beirut, Lebanon at the heart of the startup ecosystem in Beirut Digital District (BDD) on the 6th of December 2018. 

Objective 

The objective of the Euromena Awards – MENA Edition is to address the region’s most pressing problems through technology that serves a social impact. Amid a rapidly developing startup and tech scene in the MENA region, Euromena Consulting is eager to learn more about and engage with the region’s promising social enterprises that can demonstrate a clear impact on local problems.

The impact of the Awards will be two-fold; short term and long term:

Short term impact:

  • Transforming solid ideas that proved to be fundable and scalable, into long-term, sustainable ventures that address pressing social challenges
  • Enhancing contact and engagement with the region’s rising entrepreneurs  

Long term impact:

  • Empowering and equipping the next generation of social entrepreneurs that play a central role in bridging gaps between technology and everyday social problems
  • Expanding the network of local and regional partners and stepping-up our commitment to emerging ecosystems 

 

Themes

The Euromena Awards – MENA Edition welcome startups that aim to resolve a specific challenge or problem, and that include social impact as part of their business’ core values. They can be aligned with any of the below themes:

  1. Education
  2. Culture
  3. Gender Equality
  4. Discrimination
  5. Youth
  6. Health
  7. Financial Inclusion
  8. Environment
  9. Social and Economic Development

 

Eligibility Criteria

The Euromena Awards – MENA Edition welcome businesses that meet the following criteria:

  1. They must be in “startup” mode and seeking to expand or scale-up
  2. They must respond to a clear social impact, whereby an intentional positive outcome is meant to solve a certain social challenge or problem
  3. They must use technology either as a tool or as an end product or service
  4. They must demonstrate economic viability
  5. They must have a fully working product/service that has already been produced/launched
  6. They must be based in one of the following eligible countries: Lebanon, Syria, Palestine, Jordan, Egypt, Morocco, Algeria, Tunisia, Libya, Iraq, Yemen, Qatar, KSA, Bahrain, UAE, Kuwait, and Oman

Selection Criteria

The jury members will select the finalists based on the following main criteria:

  1. Quality of idea - level of innovation, level of competitiveness, use of technology
  2. Quality of product/service - clarity of ideas, scalability
  3. Quality of business model - clarity of vision, clarity of approach, sustainability
  4. Quality of management/leadership - educational/professional backgrounds, team organization and division of tasks
  5. Level of impact - evaluation of the level of impact on surrounding society or environment
  6. Feasibility - social and economic

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Jeanine Jaafar

JeanineSenior Manager, Euromena Consulting, is a Senior Manager with Euromena Consulting and Director of Lebanon operations. She has more than 15 years’ international experience working with private and public entities across the MENA region, Europe, and the USA. Previously, Jeanine served as Director at International Port Management and has first-hand knowledge in design and implementation of organizational restructuring projects, strategic planning and performance management.

More recently, Jeanine has been providing strategic and operational support, coaching and training to a number of startups and SMEs for the past several years. Through her ongoing work with international development organizations such as UNDP, Mercy Corps, and the International Labor Organization, she has worked across different sectors to support the growth and scalability of companies in Lebanon and has been involved in several social development projects benefiting underprivileged youths and the role of women in remote areas of the country.

Jeanine has a Master’s degree in economic development from the Institute of Political Studies of Paris (Sciences-Po) and has a BA in Political Science from the American University of Beirut.

Click here to check Jeanine’s Profile! 

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Medea Nocentini

Medea Nocentini is Co-Founder and Partner at C3 Partners – Executives on Demand (C3P), a UAE-based advisory firm providing senior executive support services to businesses in need of temporary management solutions. C3P is the advisory arm of Consult and Coach for a Cause (C3), a UAE-based organization fostering the social enterprise ecosystem in the MENA region. C3P re-invest its profit into C3 social impact programs.

Prior to that, Medea was Senior Vice President Strategy at OSN, the leading Pay TV platform in the MENA region, where she was responsible for corporate development, strategy planning and management, as well as market and consumer intelligence.

Before joining OSN, she spent several years at Booz Allen Hamilton developing strategies for media, consumer, and social sector’s clients across Europe, the United States, and Middle East.  

She holds an MBA from Columbia Business School (New York, USA), a BA in mechanical engineering from Politecnico di Torino (Italy) and an engineering diploma from Ecole Centrale Paris (France).

Click here to check Medea’s Profile!

 

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Kais Ben Hamida

Kais Ben Hamida, CFO; Mobily, 47, is a senior executive with extensive experience in corporate finance, investments, private equity, mergers and acquisitions, financing, strategy and operations and a deep understanding of the TMT and infrastructure sectors. 

He held various positions in banking (Société Générale and the World Bank), private equity (Valiance Capital) and large corporates (Orange Group) in Europe, the USA and the Middle East.  His latest positions are CFO of Mobily (currently held), CFO of Orange Egypt, Partner at Valiance Capital and Senior Vice President of Merger and Acquisitions of the Orange Group.  He also sat on the boards of several companies including Orange Austria, Orange Denmark, Orange Sweden, MobiNiL, Viaccess and LDN.

Mr. Ben Hamida holds a BSc in Statistics and Financial Engineering from the Ecole Polytechnique, Paris; a MSc in Engineering from the Ecole des Ponts et Chaussées, Paris and a MSc in Economics from the Sorbonne University, Paris.

Click here to Check Kais’s Profile!

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Christos Mastoras

Christos Mastoras

Founder & Managing Partner, Iliad Partners

Christos is the Founder of Iliad Partners, a venture capital firm based in Dubai investing in early-stage tech startups in MENA. He is an investor, tech entrepreneur and digital executive with 20+ years of experience in the US, Europe and MENA.

Based in Dubai for the last 10 years, Christos was previously, the Head of Business Development of Yahoo Maktoob, leading partnerships post-acquisition by Yahoo, and before that a management consultant with Booz & Company’s TMT practice.

He is an entrepreneur with four exits: Co-Founder and seed investor of GlamBox.ME, a UAE e-commerce startup (exit: 2017), Co-Owner and Managing Director of SloanGear, an MIT company (exit: 2007), Commercial Director of Upstream, a Greek mobile advertising start-up (exit: 2005), and GovWorks.com, a New York internet startup (exit to First Data Corporation in 2001).

He is an angel investor and also sits on the Board of Advisors of several startups: MAGNiTT (“Crunchbase & AngelList of MENA”), Eventtus, The Box, and Raw Coffee. He is a Steering Committee Member at tech accelerator in5 Innovation Center, a mentor with MITEF, Endeavor and Techstars, and MIT G-Lab Program ambassador.

Christos holds an MBA from the MIT Sloan School of Management and a B.S. in International Relations from Georgetown University.

 

Click here to check Christos Profile! 

 

 

 

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Mansour Mansour

Mansour MansourMulti-Industry Head, Google, Manages Google’s “Next Billion User” activities across MEA, Turkey and Russia helping connect the next billion users to Google through product development and partnerships. Mansour led the set up of Google’s business in KSA with a mission of driving the country’s digital transformation, after heading Google’s Telco business across MENA. Prior to Google, Mansour worked as a consultant for Booz Allen Hamilton and Booz & Company and has been involved in 2 entrepreneurial ventures. Mansour is passionate about micro-finance, sociology, and macroeconomics. He is a graduate of Harvard Business School and holds an engineering degree from the American University of Beirut.

Click here to Check Mansour’s Profile! 

Selection Panel

A jury of five professionals in social entrepreneurship, technology, business, media, and ICT will assess the finalists.

Jeanine Jaafar

Medea Nocentini

Kais Ben Hamida

Christos Mastoras

Mansour Mansour

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Bridge.Outsource.Transform (B.O.T)

Bridge. Outsource. Transform (B.O.T) is Lebanon’s first impact sourcing platform providing high quality digital services to companies executed by skilled youth from untapped communities in Lebanon. Our mission is to build the digital capacities & create digital income generation opportunities for the youth of Lebanon while creating the fastest growing, most trusted workforce providing Arabic & Multilingual digital services to companies & organizations in the world.

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Chefaa

Chefaa is a vision-driven company that utilizes GPS to help patients order and schedule medicine and have it delivered in 3 clicks from the nearest pharmacy. Chefaa offers the first CSR platform dedicated to facilitating access of donations to vulnerable communities who require medicine. Chefaa’s services extend to non-pharmaceuticals via their e-commerce marketplace. Using AI technology, Chefaa, as a one-one-stop shop, is the first medical data warehouse in the MENA (HIPAA compliant) enabling decision makers make data-driven decisions.

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Cure

Cure is a startup that aims to empower physically disabled persons by providing them with technologically-advanced solutions. Cure develops affordable and easy to use prosthetic limbs for amputees.They provide amputees with 3D printed prosthetic hands which are controlled via muscle signals, personalized and stylish, with adjustable socket and freeze mode for long duration tasks like driving. Cure also offers a physical rehabilitation platform using augmented reality to gamify rehabilitation exercises, making the recovery process shorter and more motivating. Cure works on providing social assistance and professional training to help patients overcome psychological problems and enter the job market or start their own businesses.

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Augmental

Augmental is an educational technology application initially targeting 12 to 18 year old students where course material is adapted to each student’s learning abilities using Artificial intelligence and Augmented reality. Augmental offers three main features. First, adaptive learning through a personalized learning course material that adapts to the student progress. Second, an interactive feature visualized using 3D interactive content that is informative and enjoyable. Finally, an educational assistant – an intelligent student companion ready to answer questions anywhere, anytime.

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PraxiLabs

PraxiLabs aims to provide equal opportunity for an enhanced STEM education, by providing virtual simulations that are accessible, usable, and affordable for educational institutions and students. Through online access and a simple subscription model, students and universities can access their labs anytime anywhere and benefit from better student progress observation and the enhanced engagement that not only improves the learning experience, but helps in overcoming major challenges like safety hazards, lack of student motivation, high laboratory maintenance costs, lab accessibility issues and relevant time and space constraints.

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Spike Diabetes Assistant

Spike is a mobile assistant that helps diabetics better manage their diabetes. Spike monitors the patient’s daily behavior and jumps in with reminders and tips when needed about insulin, food, activity… In addition, Spike stores the patient’s data for further analysis and/or sharing with doctors and caregivers. Spike detects which restaurant the patient is stepping into and sends him/her healthy recommendations from the restaurant’s menu. They also make sure that caregivers get notified when the patient intakes medicine, and a monthly report is sent to the patients’ doctor or nutritionist to track the diabetic’s health status.

Finalists

Bridge.Outsource.Transform (B.O.T)

Chefaa

Cure

Augmental

PraxiLabs

Spike Diabetes Assistant

Rewards For Winners

  1. 6 months of customized, high quality business consulting support including coaching, mentorship, and advisory services adapted to the winner's needs, valued at US$150,000
  2. Networking, exposure and access through Euromena Consulting’s vast existing network of key stakeholders across the MENA region
  3. Local and regional engagement with partners, clients and beneficiaries through access to Euromena Consulting events and opportunities 
  4. Financial support for top three winners
    1. $10,000 for the winner
    2. $3,000 for the 2nd place
    3. $2,000 for the 3rd place

 

Partners

Timeline