Women in Tech programme awards $50,000 to three Saudi female-led startups

Women in Tech programme awards $50,000 to three Saudi female-led startups

Press release:

The leading global banking group, Standard Chartered, and the region’s leading full-fledged investment firm, Falak Investment Hub, announced the successful completion of the “Standard Chartered Women in Tech” programme by selecting eight female-led startups through an independent panel of judges. The entrepreneurs, who underwent an 8-week incubator programme, showcased innovative ideas in various sectors, including fintech, health tech, property tech, and edutainment.

The top three startups were awarded $50,000 in equity-free cash rewards, with the first-place winner Sahm receiving $25,000, second-place Nqoodlet receiving $15,000, and third-place Chefaa receiving $10,000.