Speed@bdd Holds Its Third Demo Day
In December Speed@bdd held its third Demo Day at the Lebanese American University (LAU), in collaboration with the university’s Alumni Relations Office. Five startups pitched their businesses and showcased their products in the presence of more than 250 investors, officials, students, and media representatives after completing the three-month acceleration program. During its acceleration cycle, Speed@bdd invested in each startup $30,000 in cash and its equivalent in-kind services covering free hosting, product and business development, financial advisory, legal services, and mentorship from key experts in various industries. Speed@bdd’s new Global Accelerator Network (GAN) membership has provided founders with numerous advantages on a global scale, as Speed@bdd recently sealed the deal with its strategic partner, the Beirut Digital District (BDD), to offer its startups free hosting at the heart of Beirut after their graduation – with 6 months of free desk space and preferential discounted rates on the following 6 months of hosting. The third batch included: Dentiflow is a cloud-based practice management software tailored for dentists. Parkr is a mobile platform designed to provide commuters with simple means to locate and reserve parking spaces. Petriotics is an online platform that allows pet parents to discover high quality pet supplies and ship them straight to their doorsteps. Tradimum is a cloud-based work management platform for small and mid-size businesses. And Wango® (short for «Wanna go») is a women-friendly dating app that allows users to engage in conversation and plan the first date while recognizing a ‘Gentleman’ within the parameters of manners, respect, and safety. Startups at the Idea or Minimum Viable Product stages, willing to commit to the three-month acceleration in Lebanon can start applying to Speed@bdd’s forth batch which will commence in March 2017.