Beirut, May 17, 2019
We officially launched our sixth acceleration program on Wednesday, May 15, 2019, at the Beirut Digital District (BDD), in the presence of investors, key startup ecosystem players, and media representatives.
The 8 startups selected for Cycle VI will benefit from a 3-month mentorship-driven program, $30,000 in funding, and a lifelong network of mentors and partners. In exchange, Speed now receives 5% equity in each startup, which is half of the equity it received in previous cycles.
Meet our Cycle VI startups:
Dreamlinks an interactive platform that links scriptwriters and filmmakers to investors, producers, and distributors.
Grappem an on-demand staffing platform that efficiently connects businesses with qualified temporary workers.
Lemonade Fashion an online platform that makes custom-made fashion accessible to fashion forward individuals on the move. It provides high quality designer-made outfits that can be customized and tailor-made.
Oreyeon a startup using enhanced UAV Imaging techniques and Machine Learning to optimize airport security and safety, and to eliminate hazards on runways and aerodrome.
SawaNsafer an online platform that provides users the ability to search and compare travel packages offered by local and regional agencies. SawaNsafer also provides travel related data and insights to businesses.
Sidelick an online marketplace that caters for the needs of pet owners by connecting them to trusted pet sitters and dog walkers around them.
PawPots a startup with the recipe for total pet care, offering fresh healthy meals as well as an online hub connecting pet owners to vets.
Xilia a platform connecting creative and digital agencies and freelancers to their clients in order to facilitate communication, accelerate the working process, and provide the management with advanced business intelligence tools.
The 3-month acceleration program which started on May 9, 2019 will end mid-August and be followed by a Demo Day.
Sami Abou Saab, Speed’s CEO, took the opportunity to announce an Accelerator Workshop which was designed to help new accelerators get off the ground and running.
The workshop will be jointly delivered by Speed and Global Accelerator Network, a platform that connects top mentorship-driven, seed-stage accelerators around the world.