Region’s most dynamic startups honoured at Middle East Startup Awards

Region’s most dynamic startups honoured at Middle East Startup Awards

The Middle East Startup Awards (MESA) 2022-23, the regional round of the Global Startup Awards, honoured some of the most dynamic startups from eight countries in the region at the end of a two-day conference and exhibition hosted by the American University of Ras Al Khaimah (AURAK).

The Middle East Startup Awards recognize the exceptional achievements of innovation and tech-driven startups and entrepreneurs from the United Arab Emirates, Oman, Qatar, Saudi Arabia, Bahrain, Kuwait, Lebanon, and Jordan.

The event was graced by the presence of the esteemed Guest of Honor, His Highness Sheikh Mohammed Bin Zayed Al Qasimi, Chairman of the Department of Economic Development, Ras Al Khaimah.

The event also hosted the Youth Innovation Challenge, in which young minds were invited to showcase their innovative projects before a distinguished panel in the presence of the chief guest, His Excellency Mohamed Ali Musabbeh Al Nuaimi, Chairman, RAK Chamber of Commerce.

The AURAK campus hosted the two-day event, uniting experts from around the globe and the region alongside investors and industry leaders in a distinctive celebration of innovation and entrepreneurship. The event featured keynote speeches, panel discussions, and networking sessions that concentrated on the strategies for launching, expanding, and scaling startups. Additionally, the event witnessed participation from over ten universities and attracted more than 300 participants.

In his keynote address, Dr. David A. Schmidt, President of AURAK, said: “It is a matter of great pride for AURAK to host the Middle East Startup Awards. AURAK has one of the most dynamic entrepreneurship centers in the region, with a thriving student incubator that provides a supportive ecosystem for aspiring entrepreneurs. These programs often leverage technology to connect startups with mentors, investors, and industry experts. Universities can facilitate technology transfer from academic research to the commercial sector. This process involves licensing intellectual property, fostering industry partnerships, and supporting the creation of spin-off companies.”

Sagarika Sahoo, Co-Founder of Middle East Startup Awards, said: “The second edition of these awards achieved remarkable success, drawing in over 3,500 nominations and culminating in the selection of 135 finalists, and ultimately producing 12 deserving winners. The event was enriched by the presence of prominent industry leaders, investors, startup founders, and fellow entrepreneurs. The response testifies to the vibrancy of the region’s startups, and we are confident the event will inspire more innovators to launch their startups and thus contribute to the national economy. The support of the Ras Al Khaimah Government and AURAK in hosting this event was unparalleled.”

The Middle East Startup Awards 2022 – 2023 Winners:

  • Startup of the Year: Reachware, Saudi Arabia
  • Best Newcomer of the Year: Zabonex, Oman
  • Founder of the Year: Ms. Altaf AlThekair, Circle, Kuwait
  • Best Family Office: Al Zarooni Emirates Investments, United Arab Emirates
  • VC of the Year: Pioneer Investors, Oman
  • Best Co-working Space: Astro Labs LLC, United Arab Emirates
  • Best Accelerator / Incubator Program: Misk Foundation Entrepreneurship, Saudi Arabia
  • Ecosystem Hero of the Year: Hamid Alibeiki, Oman
  • Best Green Tech Startup of the Year: Ion Microsystems, Jordan
  • Best Health Tech Startup of the Year: Dudi Sports Technologies, United Arab Emirates
  • Best Web 3.0 and AI Startup of the Year: Paybybit Payment Services Provider Co. LLC, United Arab Emirates
  • Diversity Role Model of the Year: Ms. Seham Yateem, Bahrain
  • People’s Choice Award: Paybybit Payment Services Provider Co. LLC, United Arab Emirates

A panel of speakers, which included startup founders from the region, global experts, and investment authorities, actively contributed to the conference, providing valuable insights into the burgeoning startup ecosystem in the Middle East.

The Middle East Startup Awards is the regional segment of the Global Startup Awards under the operational management of Commerce Connect Events Exhibition & Management (CCEEM). These awards celebrate outstanding ideas from 12 regions spanning across 120 countries. Selecting winners encompasses all facets of the startup ecosystem, employing a network that includes local ambassadors, country partners, national and international jury members, and key advisors comprising prominent investors, political stakeholders, founders, and community builders.

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