Three Saudi Arabia-based female-led startups have been awarded $50,000 in equity-free cash rewards, as part of the Standard Chartered Women in Tech programme initiated by Saudi investment firm Falak Investment Hub.
The global ‘Standard Chartered Women In Tech’ initiative is aimed at helping female entrepreneurs establish scalable digital businesses to contribute to the country’s economic diversification efforts. It is currently present in 7 countries, where Saudi Arabia is the latest addition.
Mazen Al Bunyan, CEO of Standard Chartered Saudi Arabia, said, “The talent exhibited by Saudi women throughout this 8-week program has been extraordinary. We are immensely proud and honoured to have played a pivotal role in facilitating the digital transformation of business start-ups in line with the objectives of Saudi Vision 2030. As part of our global initiative, SC Women in Tech, we have successfully launched this program in Saudi Arabia, making it the seventh…
