Another successful Star!up Event 2019!
Updated: Jul 7
On the July 9, 2019, the German-Saudi Startup Competition was organized for the 3rd time by the German Business Delegation for Saudi Arabia, Bahrain, and Yemen. This year, Jeddah was the venue of the competition.
The number of start-ups in Saudi Arabia is growing steadily and is actively promoted by the government. With its new economic strategies, the Kingdom has identified programmes and initiatives to promote an innovation economy. Like THE global trends, Saudi Arabia is now focusing on investment in technology, including collaboration with SMEs, start-ups, and entrepreneurs.
The Idea Ten Saudi and Bahraini start-ups compete in two groups in the fields of healthcare and IoT (Internet of Things), presenting their startup, their ideas, and their goals. The winners participated in the annual “Start!up Germany Tour” in Munich, were Startups from the worldwide AHK network travelled to Munich to meet other startups, local companies and investors in September 2019. The participants also attended the Bits&Pretzels, one of the biggest conferences for startups in Germany, happening during the Munich Oktoberfest.
Competitors in the healthcare sector 2019:
Competitors in the IoT sector:
The jury was composed of representatives of the Delegation of German Business for Saudi Arabia, Bahrain and Yemen, the German Consulate General Jeddah, the Ministry of Communications and Information Technology of the Kingdom of Saudi Arabia, the King Abdullah University of Science and Technology (KAUST), the IKEA Forward Accelerator, Siemens Healthineers, DGTAL X SAP Middle East and North Africa, Alexander & Partner and the Konrad-Adenauer-Stiftung.
In the final YouPositiv and Sadeem were awarded as winners based on various evaluation categories such as degree of innovation, business strategy, social impact. YouPositiv offers certified coaching services to companies and individuals; Sadeem offers smart city solutions with the goal of saving resources, but for example also information about potentially dangerous environmental developments that can lead to smog or flooding.