stc Bahrain has opened its doors to register for the inspireU program. This successful and long-running accelerator, led by the stc Group, empowers local entrepreneurial talent, transforming groundbreaking ideas into thriving businesses in different sectors.
Eng. Khalid Al Osaimi, stc Bahrain Chief Executive Officer, said, “We are proud to see our inspireU program return again this year. Last year, three Bahraini start-ups showcased their incredible innovation and entrepreneurial spirit. These entrepreneurs represent the future of Bahrain’s digital economy, and we are confident that their ventures will have a significant positive impact. We encourage innovative Bahraini startups to apply for this year’s inspireU program and take their ideas to the next level.”
The “inspireU” program was established in Saudi Arabia in 2015 and has since achieved remarkable success, driving its expansion into Kuwait and Bahrain. To date, it has supported over 130 digital projects, with investments exceeding 1 billion Saudi Riyals. Furthermore, the market value of investments and financial transactions for the products and services of the start-ups incubated by inspireU has reached over 15 billion Saudi Riyals. The program has also played a pivotal role in creating more than 660,000 job opportunities and has positively impacted the lives of over 50 million users.
Last year’s inspireU program, culminating in a rigorous bootcamp at stc Bahrain headquarters, discovered three game-changing Bahraini startups: Rizq, Siin, and Verrt. Rizq is revolutionizing B2B finance in the region with its software designed to help businesses obtain, manage, and grow their “rizq” smarter, building healthier, more profitable companies. Siin is transforming the MENA e-commerce landscape with its live shopping platform, connecting consumers with trusted sellers through engaging live shows and gamified auctions. Verrt is disrupting the advertising industry with its fully integrated platform, offering businesses easy, transparent, and corruption-free media booking. These diverse startups received a comprehensive support package, including financial aid, logistical assistance, expert consulting, and intensive training from Silicon Valley’s best.
Interested entrepreneurs and startups can begin by completing the application form available at https://www.stc.com.bh/content/General-Program.
