Applications have opened for the first Fincluders Startup Challenge to be held outside of Europe, with fintech entrepreneurs from the Middle East and North Africa (MENA) eligible for the US$15,000 competition. Organised by the Technical Assistance Facility of the SANAD Fund for MSME, the event is modelled on a first installment of the challenge held in Berlin last year. The SANAD Technical Assistance Facility will offer finalists a trip to Jordan and accommodation during mentoring sessions conducted by fintech industry experts. SANAD Technical Assistance Facility committee chairman Ines Ebrecht said the Fincluders Startup Challenge served as a natural extension of SANAD’s technical assistance activities. Such funding helps ensure startups can finance the critical phases of their product and business development,” Ebrecht said.

Source: The North Africa Journal March 23, 2017 06:45 UTC