Smart Crowd, a digital real estate investment platform, has won a chance to snag $1 million from Seedstars World in Switzerland.
The Emirati startup Smart Crowd won as "UAE's best startup" on August 30th at Seedstars Sharjah. The event took place at Sheraa Hub, and Smart Crowd was among the nine selected startups invited to present their companies in front of the local jury panel.
Smart Crowd is a digital real estate investment platform that allows people to build real estate portfolio by acquiring fractional assets. As a part of the prize, Smart Crowd will be participating at the Seedstars Regional Summit taking place in Lebanon by the end of 2018, and the Seedstars Global Summit, which takes place in Switzerland, in April 2019. The Seedstars Global Summit is a weeklong training programme, with the opportunity to meet over 65 winners from other emerging economies, as well as investors and mentors from around the world. The final day of the summit is dedicated to pitching in front of an audience of more than 1000 attendees, with the possibility of winning up to $1 million in equity investment and other prizes.
“The UAE really is one of the best places in the world right now to build a startup. The support for entrepreneurs from the public and private sectors is unparalleled, the talent is there and the knowledge is there," says Omar Barakat, Seedstars' Regional Associate for the MENA region. "The entire ecosystem plays a huge role in catalysing the development and growth of startups and thats why we saw some very strong startups in Sharjah today."
Moreover, Friendycar, the first and leading marketplace for P2P Car rental in the region, came second, while the third place went to Tuitify, a platform that leverages one's company's knowledge and experience to boost its productivity.
Main Image: Courtesy of Seedstars Sharjah.
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