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| As a closing to the Invest in Med Innovation Seminar held on 27 October 2010 during the Europe Innova Conference, the MedVentures jury has announced the names of the 10 South Mediterranean high growth start-ups (one per country) shortlisted for the 2010 MedVentures Awards. The jury, gathering top innovation, business and financing networks from the European Union and the Mediterranean, looked at the business projects’ potential and their abilities to expand internationally. |
| Click on the project name to get details |
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RED FABRIQ
IT/Media |
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RedFabriQ is a company specialized in the project industrialization. We develop a technology solution that allows our customers to control all of projects process. We cover in the first time the IT projects with our solution and we add our technological expertise. Our technology helps streamline manufacturing projects, implementation and followed. We enable our customers to save over 30% of their projects and to improve the quality and performance.
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| Website: www.redfabriq.com |
Coach: Yacine Rahmoun / (Algerian Start up Initiative -ASI)
Contact: yrahmoun@capturedoc.com |
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Country of origin: Algeria |
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Entrepreneur:
Zaak Challal
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PDF presentation: download |
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EG-BIOINFORMATICS
IT / Media - Healthcare - Agro-Industry |
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EG-Bioinformatics was established to commercialize the research outputs of its founders in developing software solutions for genomic data management. Its customers include biomedical research institutes, pharmaceutical, and agro-business companies. It provides innovative cost-effective solutions and services helping the customer to overcome the deluge of biological data and to facilitate knowledge discovery from biological data. EG-Bioinformatics aims to generate revenues of around $14M by 2015 ($7M from Arab markets and $7M from international markets).
The EG-Bioinformatics business model is based on a mix of subscription and fee basis, depending on the customer needs and the service provided. Our services and tools are already in use by academic institutions (including, e.g., oncology group at Imperial College London, Fred Hutchinson Cancer Research Center, and Washington University), by a number of international commercial organizations in the UK and Netherlands, and by local Egyptian entities including National Cancer Institute and Agriculture Research Center.
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| Website:www.eg-bioinformatics.com |
Coach:
Contact: |
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Country of origin: Egypt |
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Entrepreneur:
Moustafa Ghanem
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PDF presentation: download |
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EYALGPS
IT/Media |
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EyalGPS, provides technological solutions, and specializes in developing leading Text To Speech (TTS) applications- suitable for a verity of platforms, including: smartphones, internet and much more.
EyalGPS focuses on accessibility and provides solutions that make smartphones accessible to the visually impaired and drivers.
Our flagship product is the worldwide patented “Personal Spokesman” application, a unique, full-screen reader for smartphones, suitable for the visually impaired and drivers.
There are three factors that make the Personal Spokesman technology unique: its compatibility with countless languages (including Hebrew, Hindi, Indonesian, Chinese, Arabic, Japanese, etc) which lack this kind of solution, its exceptionally high-quality speech analysis – New approach with server based technology, and its personalized settings for various levels of visual impairment. |
| Website: www.EyalGPS.com |
Coach: Zafrir Asaf (Invest in Israel)
Contact: Zafrir.Asaf@moital.gov.il |
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Country of origin: Israel |
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Entrepreneur:
Moty Eyal
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PDF presentation: download |
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CIAPPLE
IT/Media |
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Ciapple.com is an applied reseach company that works in the field of computational intelligence by introducing software solutions. Technologies include artificial neural networks, “fuzzy logic” and genetic algorithms. Ciapple is registered in Jordan as a limited liability company under the name, “Business Applications of Computational Intelligence.”
The company is specialized in developing marketing intelligence and intelligent reporting data mining solutions. Ciapple’s products enable the clients to analyze and utilize the available data and information about their customers in order to make better business decisions accordingly. This allows marketing management to develop strategies for customer retention, pricing, marketing, risk management, up-selling and cross selling.
Ciapple is currently working with Bayt.com (The Middle east #1 Job Site) in developing some intelligent report and collective intelligence insights. The company is currently involved in a project for Laboratory Information Management System (LIMS) for Water Authority of Jordan (WAJ) sub-contracted by the local partner of UK company called ThermoFisher. |
| Website: www.Ciapple.com |
Coach: Omar Hamarneh (EHSC)
Contact: omar@ehsc.jo |
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Country of origin: Jordan |
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Entrepreneur:
Hussein AL-NATSHEH
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PDF presentation: download |
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OUNOUSA.COM
IT/Media |
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Mena Web Group is the start-up that own Ounousa.com, its mission is to create one of the biggest online communities in the Middle East and North Africa. Launched in 2008, Ounousa.com gathers one the largest feminine communities speaking the Arabic Language. The company has won the award of the “best strategic portal” in the Pan Arab Web Award in 2008.
Today Ounousa.com has 250 thousand unique visitors per month and 2M page views per month from 16 countries (Egypt, , Morocco, Saudi Arabia, Jordan, Lebanon, Algeria, Libya, UAE, Kuwait, etc…)
For more information: www.ounousa.com
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| Website: www.menawebgroup.com |
Coach: Nicolas Rouhana (Berytech)
Contact: nrouhana@berytech.org |
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Country of origin: Lebanon |
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Entrepreneur:
Wassim Kari
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PDF presentation: download |
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AJIEL INFORMATION SYSTEMS
IT / Media |
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Ajiel Information Systems is a Moroccan startup dedicated to developing a software as a Service (SaaS) platform that enables Business Process Outsourcing. The platform supports actual processes and collaboration between employees within the company but also between customers and suppliers. Target customers are Small-Medium Size companies and BPO players aroundMediterranean see.
The platform would initially address Payroll process and extend scope to other processes linked to employees.
The platform is available via SaaS and OnPremise (at customer site).
Project started in 2008 and in January 2010, a first commercial version was issued as a service (SaaS) serving the first customers.
Currently, product is being improved with customer feedback. International development is initiated firstly targeting French Market.
A beta release if planned for this summer.
Other countries are planned with partners. The latter have been indentified for Spain, Turkey, Tunisia, Algeria....
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| Website: www.ajiel.com |
Coach: Khalil Azzouzi (Dayam)
Contact: KAZZOUZI@saham.ma |
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Country of origin: Morocco |
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Entrepreneur: Mohammed FADILI
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PDF presentation: download |
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ADDICTS 123
IT/Media |
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ADDICTS 123 is a Palestinian hi-tech startup company founded in Jerusalem in 2008 by Wafa Dajani, an Electronics and Control Engineer, and Khaled Assali, a Computers and Communications Engineer, combining 35 man-years of collective experience.
The company pioneered in Palestine the development of hardware and software for wireless GSM/GPRS based remote control and monitoring systems.
The company implemented a pilot project for the Jerusalem District Electricity Co. (JDECO) for GPRS wireless remote control and data acquisition SCADA on the electricity grid. The project covers 55 installation points on the grid and has been running continuously for more than two years. The company provides consulting services to local businesses and institutions in the field of GPRS data communications.
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Coach: Ayman Sbaih (PFI)
Contact: ayman@pfi.ps |
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Country of origin:
Palestinian authority |
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Entrepreneur:
Wafa Dajani
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PDF presentation: download |
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FOODLECO
Distribution & logistics |
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FoodleCo.com is the Middle East’s first online grocery and restaurant delivery service! It is the first website in Syria that provides consumers with the ability to browse & purchase over 8,000 different types of supermarket products in addition to ordering food from a large number of the leading restaurants.
The project is still in its infancy stages, starting with the pilot project in Syria, however, the plan is to expand regionally into Kingdom of Saudi Arabia, Turkey, Kuwait, Lebanon, Jordan and UAE. |
| Website: www.FoodleCo.com |
Coach: Dalia Sakkal (SEBC)
Contact: daliasakkal@yahoo.com |
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Country of origin: Syria |
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Entrepreneur:
Mohamad Ziad Aboujeb
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PDF presentation: download |
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GRAPHJET TECHNOLOGY
Heavy industries (automotive, mechanical industries) |
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The present project concerns the creation of a manufacturing unit of innovative machine of 3 D engraving on the glass. This machine has been patented in the World Intellectual Property Organization (WIPO) in Geneva already published on the Internet under number WO 2006 / 096 143. This invention concerns a new industrial process and numerical control machine of 3D engraving by sandblasting on flat glass, marble and other erodable materials. This invention presents many advantages in comparison to the anterior art. Among these, we can mention, and in an unlimited way:
- A faithful reproduction of motives to engrave, even for three-dimension motives of a complicated shape.
- The automatic handling of the engraving machine.
- The adoption of the machine and the engraving process to different types of erosive surfaces such as glass, marble or even wood.
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Coach: Douja Gharbi (UTICA)
Contact: douja.gharbi@planet.tn |
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Country of origin: Tunisia |
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Entrepreneur:
Sami Abid
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PDF presentation: download |
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TIVINETWORK
IT/Media |
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TiviNetwork is established in 2009 with € 150.000 angel investment from LabX Business Angels. Currently, TiviNetwork is the largest digital signage network in Turkey, where 318 screens are located throughout the country, from east to west. TiviNetwork provides customized advertising solutions through it screen system and it consists of subnetworks such as, UniTivi (screen network in the universities), CafeTivi (screen network in Cafes) etc. Hence, this branded screen system enables Clients to advertise specifically to their target audience.
TiviNetwork’s main advantage is that screens are located in places where people socialize and spend time like cafes, bars and restaurants which gives the clients the chance to target different demographics and geographies.
It is a unique and price-efficient medium to reach consumers and enables brands to have advertisements broadcasted all around Turkey with only a single click.
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| Website: www.tivinetwork.com |
Coach: Zeynep erbay / Fuat Sami (LabX)
Contact: zeynep.erbay@lab-x.org |
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Country of origin: Turkey |
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Entrepreneur:
Ahmet Bahadir Ozdemir
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PDF presentation: download |
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Country coaches ( local players, they source and coach the best start-ups in Europe and 10 Mediterranean countries) :
Read more
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International Added-Value Networks ( help the best start-ups go international) :
Association of Organisations of Mediterranean Businesswomen (AFAEMME), Bedaya Angels Network, CDC Entreprises, European Business Angel Network (EBAN), European Business Innovation Centre Network (EBN), Italian Business Angels Network (IBAN), International Network for SMEs (INSME), International Society for Professional Innovation (ISPIM), MedAlliance, RMEI, Mediterranean Network of Management Schools (RMEM), The Arab American Technology association (Tech Wadi)... Read more
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Strategic partners ( help us think big and long term):
European Investment Bank, European Commission, Organisation for Economic Co-operation and Development... Read more |
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