Speed@bdd Holds Its Third Demo Day

Arabnet - The Quarterly - - Industry Stories -

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.

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