Entrepreneurial ecosystems

Sheraa Team Comes Out On Top At GlassQube Startup Weekend FinTech Abu Dhabi

Sheraa Team Comes Out On Top At GlassQube Startup Weekend FinTech Abu Dhabi
Image credit: GlassQube Startup Weekend FinTech Abu Dhabi
Sheraa team with a few of the mentors at the GlassQube Startup Weekend FinTech Abu Dhabi
2 min read

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Bringing together designers, developers and entrepreneurs, GlassQube Startup Weekend FinTech Abu Dhabi was held in November in the UAE capital by TechStars, with the support of Google for Entrepreneurs. The weekend hackathon, which included mentor sessions as well as fintech and legal workshops, challenged participants to develop a functional MVP for challenges in the fintech landscape, which were pitched in front of local and regional entrepreneurs for feedback.

A team at the GlassQube Startup Weekend FinTech Abu Dhabi
Source: GlassQube Startup Weekend FinTech Abu Dhabi
Bagging the first-place title in the competition was a team sponsored by Sheraa (Sharjah Entrepreneruship Center), which called itself Sahim and consisted of seven tenth-grade students: Hashim Al Zaabi, Vinay Naresh, Abdullah AlhajKhalil, Mohamed Rashid, Saif Ur Rehman, Wasi Ur Rehman and Odya Daher.

A team with mentor Chad Fox, legal advisor at Bird & Bird
Source: GlassQube Startup Weekend FinTech Abu Dhabi

The winning team developed “Sharia-compliant trading instruments” for the needs of the fintech sector, and thus earned a cash prize of US$5,000, plus an additional $1,000 to launch an online crowdfunding campaign, access to GlassQube’s co-working incubator program this year, 12 hours of legal advice, a website domain, and mentoring on various essentials such as business development, marketing and web design.

Related: Moving Mainstream: A VC's Perspective On The MENA Fintech Ecosystem

 

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.