Six New Companies Selected To Join Beyondcapital's Start-up Support Program

MAGNiTT News 2 years ago - Wed, Aug 1, 2018, 11:10 AM

Six New Companies Selected To Join Beyondcapital's Start-up Support Program
Author: MAGNiTT

Amman, August 1st, 2018. BeyondCapital announced today selecting 9 entrepreneurs representing 6 companies to join the company's Start-up Support Program, where they receive tailored mentorship from top Jordanian entrepreneurs and mentors, and access to markets and capital, as well as professional subsidized consultancy and training services.

 

The companies selected at the 2nd selection panel are: Mohammed Kilany and Mahmoud Darawsheh's 'Mind Rockets' which provides assistive technologies for the deaf; the online platform '360Moms' led by Dina Abul Majeed and offers original, localized and trusted bilingual content that empowers parents over parenting decisions; and 'Hidden Flight', a charters booking B2B platform led by Khalid AlKurdi and Hani Saleh. In addition to Issa Dababneh's 'Jolly Man Food Co.', a gourmet meat production business; 'Navcode', a fully digitalized smart addressing system giving users a 4-digit alphanumeric code linked to their coordinates, led by Nassib and Abdullah Barakat; as well as Jumana Jacir's 'Kama Local Gourmet' that is dedicated to sourcing, packaging and promoting the finest Jordanian specialty foods.

 

The panel featured a group of inspiring entrepreneurs pitching their start-ups to top ecosystem panelists, who assessed the companies based on their readiness and growth potential.

 

Commenting on their selection into the program, Mohammed Kilany Co-Founder of 'Mind Rockets' said "It is always refreshing to have a discussion with experts of different backgrounds; the diversity of this panel made the discussion a memorable experience. We are looking forward for BeyondCapital's support in opening new doors and opportunities for us."

 

Following the selection panel held earlier this year, BeyondCapital now supports 20 entrepreneurs from 15 companies in tackling the various challenges faced by fulfilling the gaps hindering their growth.

 

BeyondCapital Managing Director Tamer Al-Salah said "The past few months have validated the value of our mission in supporting start-ups. With BeyondCapital's connections and variety of tailored services, we have been witnessing the development of the entrepreneurs and their businesses."

 

BeyondCapital is a joint partnership between Endeavor Jordan and Silicon Badia with funding from the USAID, aiming to mature the entrepreneurial and investment ecosystem in Jordan by providing comprehensive support to three main beneficiaries: Entrepreneurs, Finance Entrepreneurs and Angel Investors, where the Start-up support program is implemented through utilizing Endeavor's local network of high-impact entrepreneurs and business leaders.

 

"A number of challenges hinder early stage companies from scaling. Our support to BeyondCapital aims to tackle these challenges through custom-tailored advisory and mentorship services" added Reem Goussous, Endeavor Jordan.

 

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