Saturday, November 23rd, 2013, the Judging Panel announced the winners of 2013 Maroc Startup Cup Business Model Competition from +90 applicants who first submitted their business model ideas to Maroc StartUp Cup Competition in July 2013.
- The first place winner LOOLY’S, represented by Lamiaa Bounahmidi, received 100,000 MAD Cash Prize, 10,000 USD Scholarship to participate in PITME labs program in the Silicon Valley for one month, jointly sponsored by PITME and La Fondation OCP offering 5,000 USD each. LOOLY’S team is now eligible to compete in the World StartUp Cup that will be held in Armenia in 2014. LOOLY’S makes premium quality couscous, unprocessed, easy to cook, gluten free, beyond-fair-trade products with genuine taste, health benefits and high convenience. The products are available in many flavors and offer a wider experience around couscous. LOOLY’S is mainly targeting US & UK markets.
- The second place winner was KEZAKOO, represented by Youssef Ghalem. An E-Learning and Social Networking platform providing a wide range of educational content in both French and Arabic. Kezakoo offers incentives and rewards for user-generated content depending on the importance of contributions. The platform also provides e-learning and online training services for professional users.
- The third place winner is myVLE, represented by Zakaria Mahboubi and his Co-Founders. The startup is offering a SaaS based e-Learning platform designed to supplement the traditional classroom teaching. A solution that makes teaching and learning more efficient, intuitive and fun.
The three winning startups will benefit from two-hour mentoring sessions each month, during one year, provided by three members of the panel of judges. “It was an extremely tight race and it was tough to select only three winners!” Chafik Sabiry, president du directoire de HP CDG IT Services Maroc and president of the judging committee, said.
Friends, entrepreneurs and other business leaders gathered in a crowded conference room for the pitching session and award ceremony at the Technopark Casablanca. The ten finalists gave five-minute pitch to the judges, followed by ten-minute of questions, to convince them that their business models deserved the grand prize.
Khalil Jai Hokimi, an Entrepreneur Evangelist and Advisor to the Chairman & CEO of Le Groupe OCP, part of the judging committee, also commented on Maroc Startup Cup Finalists: “Massive respect to all the entrepreneurs….and I encourage them to pursue their dreams with the same passion” he said.
Maroc StartUp Cup competition, which kicked off in July, awards local entrepreneurs who develop the best business models. “This was a great opportunity for the selected 20 startups to sit down face-to-face with experienced team of mentors to go through their business models before making their case to the panel of judges” Naoufal Chama, president of AMPII, said.
The StartUp Cup Business Model Competition process was born in Silicon Valley and proven in Tulsa, Oklahoma over the past six years. The StartUp Cup is a global network of locally driven business model competitions. It is a proven model to create viable businesses, grow jobs, and enhance entrepreneurial ecosystems. The StartUp Cup is a featured event of Global Entrepreneurship Week and an official partner of the U.S. Department of State’s Global Entrepreneurship Program.