WOMENTUM GRADUATES 5 STARTUPS DRIVEN BY COMMUNITY AND IMPACT
Womena graduated Cycle 3 of its Womentum Accelerator, a cohort of five startups focused on building communities and driving change in the Middle East and North Africa (MENA).
After three months of acceleration in the first virtual cycle, these diverse Womentum Alumni are ready to scale their tech businesses in the region as they shatter stereotypes, change narratives and work toward making health and education more accessible.
“Resilience is what defines our cohort this year. That resilience was proven by the fact that they not only survived this trying and turbulent year but they thrived,” says Elissa Freiha, founder of Womena.
For this year’s cycle, Womentum by Womena and Standard Chartered’s Women in Tech offered startups a program geared toward empowering founders to confront the challenges of uncertain times, with a focus on navigating the changes brought about by COVID-19.
Standard Chartered UAE joined Womena as a strategic partner for the second year in a row, providing startups with dedicated mentorship and access to their broad network. They also awarded the three top-performing startups a total of $30,000in equity-free prize money at the end of the program.
“We are pleased to see this year’s cohort graduate and join the growing community of successful startups in the region,” says Rola Abu Manneh, chief executive officer of Standard Chartered Bank UAE.