Judges at GITEX \u2018Strut-Up\u2019 Pitch Competition were impressed by the quality of innovation and drive of entrepreneurs who contended for USD 160,000 in prize money at one of the highlights of GITEX, the GITEX Global Startup Movement \u2018Strut-up\u2019 Pitch Competition.<\/p>\n\n\n\n
With four cash prizes on the line, competitors had just five intense minutes each to convince a panel of high-profile judges coming from as far away as Silicon Valley that their idea would be the next big thing in technology. Pitches took place over three days and the competition saw more than 38 startups compete across more than 50 pitches, each round moving the winners one step closer to the grand prize.<\/p>\n\n\n\n
With the hard earned experience of their own successful startup journeys, the judging panel made up of highly successful tech founders from around the world did not hold back their criticism as they moved the winners to the final round. The competition awarded a grand prize of USD 100,000 for GITEX Global Startup Winner and USD 20,000 each in categories for Best Millennial, Arab and Woman entrepreneurs.<\/p>\n\n\n\n
\u201cThe decision was incredibly difficult because they were all so different in terms of technology, so it was an interesting challenge to compare them,\u201d said judging panel member, Darius Moeini, Director of Lab and Venture Development at the German Tech Entrepreneurship Center. \u201cThe startups were on such a high level that we were fighting over who should win the prizes, so it was not an obvious choice and was a very close call for all the categories.\u201d<\/p>\n\n\n\n
Dubai\u2019s own Acacus Technologies, winner of the USD 100,000 GITEX Global prize provides comprehensive fleet management solutions that optimise fleet dispatch and improves fleet safety. Recently awarded a contract for Dubai Taxi, Acacus installs in-vehicle driver cameras and sensory devices to capture eye movement, head tilt and driving behaviour in real time.<\/p>\n\n\n\n
\u201cWinning the Global Startup of the Year award at GITEX means everything to us. Besides winning the competition, being part of the ecosystem created by the whole Startup Movement in Dubai has been an amazing experience,\u201d said Talal Ben Halim, managing director of Acacus. \u201cThis week has allowed us to network and explore new ideas and opportunities. It means much more than winning the prize, it\u2019s everything that being here has done for us as a business.\u201d<\/p>\n\n\n\n
In the Best Arab startup category, Saudi\u2019s Sawwagy was awarded USD 20,000 for an app designed to help Saudi families communicate with private driving services. Features include pinpointing a destination for the driver to travel, and notifications on progress and arrival, without the driver needing to read messages or answer calls while on the road.<\/p>\n\n\n\n
\u201cWe’re very proud of winning the Best Arab Startup award at GITEX Technology Week 2016! After months of hard work and sleepless nights, it feels great to receive recognition for our work and more importantly for the idea,\u201d said co-founder, Sebastian Dietzel. \u201cWe believe our product makes both families\u2019 and drivers\u2019 lives easier. Fingers crossed this will be just the first step in our journey to having the Sawwagy app used by every family in Saudi.\u201d<\/p>\n\n\n\n
Hailing from Dubai but serving the world\u2019s educational needs, EdTech Solutions won the competition\u2019s USD 20,000 Best Millennial Startup award with their Teach Me Now education platform, which provides virtual classrooms for teachers and students to enrich their learning experience. Thea Myhrvold, the company\u2019s founder and managing director, describes the site as \u201cthe Ebay of private tutoring\u201d with the goal of making education accessible to everyone. Teach Me Now\u2019s first ever lesson saw a professor in Venezuela teaching a student in the Middle East.<\/p>\n\n\n\n
\u201cThe startup scene in Dubai is growing really fast, and there is so much potential here,\u201d said Mhyrvold, a former Dubai resident who moved back to the city to start her company TeachMeNow.com. \u201cWhat is really great is the government in Dubai and the UAE, how they support entrepreneurs, and also encourage female entrepreneurship. I moved back to Dubai to be a part of this change and create more positive stories for this region.\u201d<\/p>\n\n\n\n
Akoustic Arts took home USD 20,000 as the winners of the Best Woman Startup, with founder Myriam Marcetteau traveling from France to pitch at the Strut-up Competition. Akoustic Arts has created the \u00ab A \u00bb speaker \u2013 the world\u2019s most advanced directional speaker. Already gaining steam on crowdfunding site Indiegogo, the invention creates a narrow beam of sound allowing the user to direct sound to the listener from across the room without anyone else hearing it.<\/p>\n\n\n\n
\u201cThe recognition this gives us is very rewarding,\u201d said Myriam Marcetteau. \u201cWe also appreciate the recognition of female entrepreneurs at GITEX, and that the organisers understand the importance of supporting female entrepreneurs in achieving their goals.\u201d<\/p>\n\n\n\n
\u201cWe are very delighted that the winners emerging from the Dubai intensive pitch sessions over the last three days of the \u2018Strut-up\u2019 competition come from around the world \u2013 from Lebanon to Canada and beyond. It shows the globalness of the innovative talents attending the event. More importantly it highlights the opportunity for interaction and engagement amongst the startups from around the world with expert judges that have come to Dubai with the experience, guidance and strategic expertise from as far away as Silicon Valley.<\/p>\n\n\n\n
Over five power-packed days of pitches, mentorship workshops, face-to-face meetings and more, we have been impressed with the confidence and creativity of the young tech founders at the GITEX Global Startup Movement,\u201d said Trixie LohMirmand, Senior Vice President, Event Management, Dubai World Trade Centre.<\/p>\n\n\n\n
Over 420 startup companies have participated in the GITEX Global Startup Movement this week, hailing from over 60 countries. In its first year, it has already become the most global weeklong startup showcase in the world.<\/p>\n\n\n\n
GITEX Technology Week runs until 20 October 2016 at the Dubai World Trade Centre. Visit www.gitex.com for more information and to register.<\/p>\n","protected":false},"excerpt":{"rendered":"
Judges at GITEX \u2018Strut-Up\u2019 Pitch Competition were impressed by the quality of innovation and drive of entrepreneurs who contended for USD 160,000 in prize money at one of the highlights of GITEX, the GITEX Global Startup Movement \u2018Strut-up\u2019 Pitch Competition. With four cash prizes on the line, competitors had just five intense minutes each to […]<\/p>\n","protected":false},"author":2,"featured_media":3636,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"1","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":19,"_extra_hide_author_box":"1","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-3634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n