Press Release.
Three Bahraini startups have been announced winners of the fourth cohort of the ‘SC Women in Technology’ programme initiated by Standard Chartered and under the patronage of the Central Bank of Bahrain and in partnership with Bahrain FinTech Bay, Tamkeen and the Supreme Council for Women.
The programme, initially launched in 2020 where its fourth version was launched last March to coincide with International Women’s Day. SC Women in Tech aims to support women-led SMEs and entrepreneurs in the Kingdom of Bahrain by promoting women entrepreneurs’ economic and social development through tech-focused entrepreneurship. This year’s cohort focused on developing innovative solutions that support business continuity, community, and sustainability.
As part of the programme, rewards include: a total prize reward of $ 75,000 from Standard Chartered and a 3-months residency granted by Bahrain FinTech Bay.
“Arsedh Solutions” won the first prize of $ 35,000, “Savii” received the second prize of $ 25,000, and the third prize of $ 15,000 was earned by “Finditbh”.
These businesses, which are owned and operated by Bahraini women entrepreneurs, work in the domains of Microfinance, the Financial Market, Robotic Process Automation (RPA), Health Technology (health-tech), Artificial Intelligence (AI), and Educational Technology (Ed-Tech).
The winners were declared at an event hosted at Bahrain FinTech Bay in the presence of Dr. Boutros Klink, CEO, Middle East (ex UAE) & Bahrain, Standard Chartered, Ms. Yasmeen Al Sharaf, Director of FinTech and Innovation, Central Bank of Bahrain, Mr. Bader Sater, CEO, Bahrain FinTech Bay, Ms. Noora AlNusuf, Head of corporate affairs & brand and marketing, Middle East (ex UAE) & Bahrain, Standard Chartered, Ms. Rania Al-Jarf, Director of the Center for Gender Balance of the Supreme Council of Women, Suzy Al Zeerah, Chief Operating Officer, Bahrain FinTech Bay and Mr. Ali Hasan, Executive Director of Programs and Partnerships, Tamkeen.
The SC Women in Technology Bahrain, launched for the fourth time, is part of a global initiative that exists within the Standard Chartered global network. The program is aimed at empowering women-owned businesses and targets female-led entrepreneurial teams by providing them with the necessary training and mentorship for them to be able to sustain their digital business solutions. It is currently present in 11 markets across the Bank’s international network (including Bahrain).
