During Seedstars Beirut, Vision in Motion won the Lebanese round of Seedstars World and will represent the country at the Seedstars Summit in Switzerland to compete for up to USD 1 million in equity investment and prizes.
Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes brought its Lebanon round to a successful close during Seedstars Beirut. The event took place this Friday at Antwork, and 10 selected startups were invited to present their ideas in front of the local jury panel.
The local winner, "Vision in Motion", a B2B software solution that helps retailers understand their customers using security cameras and computer vision, was selected the best startup in Lebanon for its innovative solution. As a part of the prize, Vision in Motion will be participating at the Seedstars Summit, taking place in Switzerland in April 2018, a weeklong training program with the opportunity to meet the other 80 winners, as well as investors and mentors from around the world. Traditionally, the final day of the Summit will be dedicated to pitching in front of an audience of 1000 attendees, with the possibility of winning up to USD 1 million in equity investment and prizes.
"Jaleesa", a tech driven social impact business that offers busy families a trusted and easy way to find excellent child care in Beirut, came second and "Living Book", a production and a publishing platform where anyone can create publish and sell personalized interactive and printed books for kids, grabbed the last spot in the top 3.
The 10 startups pitched in front of a prestigious jury, including Lara Ammar (Touch), Nicolas Rouhana (IM Capital), Henri Asseily (Leap Ventures), Elie Bassil (Mirum), Riyad Abou Jaoudeh (Middle East Venture Partners) and Meghan Warner (Seedstars). While Nadim Khater, Chief Commercial Officer at Touch and Tarek Dajani, CEO at Mirum, both inspired the audience with their keynote speeches.
The local Ambassadors of Seedstars World, Antwork and Speed@BDD, helped to organize the event while support for the event was provided by the local partners Touch and Mirum. The event attracted interest from over 65 startups, and had over 75 event participants.
Continuing on its world tour of startup scenes in emerging markets and fast-growing startup scenes, Seedstars World's next stop is Alexandria, to select the best startup in Egypt. Seedstars World is looking for smart startups that solve regional issues and/or develop profitable products for the global market.
