Provence Promotion Sponsoring the MedVentures 2010 Award

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Provence Promotion Sponsoring the MedVentures 2010 Award
03 December 2010 / Créez votre entreprise , Logiciel / Conseil / ESN, Microélectronique / IOT, Média
Winning projects to be selected on December 3, 2010 in Marseilles

After an initial round of selection on October 27 in Liege, Belgium, at which the field of start-ups was whittled down to 10 finalists, Marseilles hosts the MedVentures Award ceremony on December 3rd next. A total prize amount of € 90,000 awaits the three competition winners.

MedVentures: An initiative of the Anima Investment Network

Created by the Anima Investment Network as part of the Invest In Med program, MedVentures is a regional services and networking platform aimed at start-ups from 10 Mediterranean rim countries with a strong potential for growth and a desire to expand internationally.

The 10 finalists selected in Liege out of the original 65 are due in Marseilles on December 3rd for the Business Forum being held as part of the 4th Mediterranean Economic Week. The program includes a presentation of the competing start-ups, B to B meetings and workshops dealing with financing or support measures. The prize-giving ceremony will close the event.

MedVentures: A hot spot of innovation – Mediterranean style

The 10 selected start-ups from the 10 Mediterranean rim countries are:

• Algeria : RedFabriQ RedFabriQ (Zaak Challal) – Process control and monitoring solution for industrial projects. www.redfabriq.com
 
• Egypt: EG-Bioinformatics (Moustafa Ghanem) – Developing IT solutions for genome data management.
 
• Israel: EyalGPS (Moty Eyal) – Text-to-speech technology solutions for smart phones aimed at drivers and persons with sight impairments. www.ajiel.com

• 
Jordan: Ciapple (Hussein Al-Natsheh) – Smart customer data system. www.ciapple.com 
 
• Lebanon: Ounousa.com (Wassim Kari) – The largest Arab-language women's community in the Middle East and Northern Mediterranean. www.ounousa.com
 
• Morocco: Ajiel Information System (Mohammed Fadili) - SaaS platform for outsourced HR and payroll management.  
• Palestinian Authority: ADDICTS 123 (Wafa Dajani) – GPRS-based hardware and software solutions for optimizing power grid management in inaccessible areas.
 
• Syria: FoodleCo.com (Mohamad Ziad Aboujeb) – First on-line food and grocery delivery service covering cities in Syria. www.foodleco.com
 
• Tunisia: Graphjet Technology (Sami Abid) - Machine for 3-D engraving on glass.
 
• Turkey: TiviNetwork (Ahmet Bahadir Ozdemir) – Advertizing programs broadcast over a network of screens set up in public spaces. www.tivinetwork.com
 
Through this competition, MedVentures wants to contribute to these start-ups' development by giving them an international showcase and by providing opportunities for partnerships with investors and potential business partners.

Provence Promotion, sponsors of the operation

As a partner of the Anima Investment Network for other events, it was the economic development agency's duty to act as sponsor for this operation.
 
In line with its ongoing involvement in supporting enterprise creation and set-up, for example via its Home Sweet Home and Start In Provence programs, Provence Promotion is backing this Anima Investment Network initiative and putting its expertise at the disposal of the selected start-ups and of the business and innovation networks involved with MedVentures.
 
With the advent of the Union for the Mediterranean, which aims -among other priority measures- to reinforce and develop partnerships between clusters, Mediterranean basin hubs and SME's in the 43 participating countries, Provence Promotion has a role to play in ensuring the promotion and economic development of the Bouches-du-Rhône département and in giving it an international outlook. 
 
To register for the workshops and/or B to B meetings:
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