MIT :: Enterprise Forum Arab Business Plan Competition

Global Innovation throught Science & technology

'11-12

Competition 07 - 08

Round 3

The Awards Ceremony of the MIT Arab Business Plan Competition 2007-2008 took place on April 3rd at Le Bristol hotel in Beirut.

As a token for our encouragement and appreciation for their hard work, we granted the three winning teams prize money of USD 50,000, USD 5000, and USD 2500 respectively, as well as certificates of achievement to each member of the winning teams.

Mr. Walid Raphael, Deputy General Manager of Banque Libano- Française and who served on the final jury of oral presentations, disclosed the identity of the first winner and presented the $50K check and certificates to EduLab, a Lebanese start-up specialized in developing educational CDs that give students real time laboratory experiments through visual simulations. Mr. Robert Fadel, President of Bader Young Entrepreneurs Program, announced Batroun Biofuel Company as first runner-up. The concept works on converting used cooking oil and other vegetable oils into Biodiesel fuel. Ms. Najat Rochdi, Regional Coordinator of ICTDAR and who served on the final jury, announced Hatifou as second runner-up. The people behind Hatifou are Algerians and they aim at terminating international calls traffic to all Algerian telecommunications carriers through VoIP.

Rank	Project	Team Members	Country

1^st	EduLab	Elie Chaaya Dany Aouad	Lebanon
2^nd	Batroun Biofuels Company	Pierre Touma Fadi Rizk Bassem Salhab	Lebanon
3^rd	Hatifou	Nadjib Mammeri Tarek Nechma Houssem Kettaf	Algeria

Round 2

These are the names of the nine finalist teams that were selected among 30 teams, who submitted their business plans, for the oral presentation of the final round.

No.	Project	Team Members	Country

1	ASR Solutions	Amr Mahran Reham Marzouk Ghada Farag	Egypt
2	Batroun Biofuels Company	Pierre Touma Fadi Rizk Bassem Salhab	Lebanon
3	Capital Arabia S.A.L.	Mohamed Hawass Shadi Tabbara Zeina Elkaissi Bader Abou Assali	Lebanon
4	Centimeal	Toni Abiramia Reebal Aziz Randa Chlala Aldo Khairallah	Bahrain
5	EduLab S.A.R.L	Elie Chaaya Dany Aouad Rony Nemr	Lebanon
6	Fruit House	Ralph Khairallah Celine Khairallah Rustom Vickers	Lebanon
7	Hatifou	Nadjib Mammeri Tarek Nechma Houssem Kettaf Ahmed Maache Mehdi Guennifi	Algeria
8	KETAB	Tawfeeq Saad Eddin Khaled Kalaldeh Zaid Saad Eddin Abdallah Heyari	Jordan
9	TASMEEM	Mahmoud Zakaria Alsayed Mostafa Khalifa Altonisi Mahmoud Ahmad Ashour Ahmad Mahmoud Roushdy	Egypt

Round 1

These are the names of the thirty semi-finalist teams that qualified for round 2 of the MIT Arab Business Plan Competition ’07-08. These teams did a thorough research on their business plan. Right after this period of preparations on their own, the 30 teams were invited to Beirut to attend a two-day Entrepreneurship Workshop.

No.	Project	Team Members	Country

1	Airport Express	Rami Babik Fadi Kerbaj Theodore Khoury	Lebanon
2	Ali Baba Computer Company	Samir El Majzoub Peter Hajj George Karakozia	Lebanon
3	Alloyant Technologies	Shant Khatcherian Elie Waked Nadine Waked	Lebanon
4	ASR Solutions	Amr Mahran Reham Marzouk Ghada Farag	Egypt
5	Bag Ur Portable	Karine Aoun Natasha Nernekian Mireille Kattar	Lebanon
6	Batroun Biofuels Company	Pierre Touma Fadi Rizk Bassem Salhab	Lebanon
7	Bigfoot	Salah Sabbagh Antoine Chamaa Boutros Hobeika Khalil Haddad	Lebanon
8	Buisness Experts	Katia Abboud Nazih Moufarrej Fayez El-Khoury	Lebanon
9	BZone (Baby Zone)	Ziad Dakroub Rana Karaki Ghida Tabbara	Lebanon
10	Capital Arabia S.A.L	Shadi Tabbara Zeina Elkaissi Bader Abou Assali	Lebanon
11	Centimeal	Toni Abiramia Reebal Aziz Randa Chlala	Bahrain
12	EduLab S.A.R.L	Elie Chaaya Dany Aouad Rony Nemr	Lebanon
13	EGMation (Egypt Animation Studio)	Heba Mohammed Al Sayed Yara Nagdy Zamzam Noha Mostafa Bazazo Norhan Mahmoud Ahmed Hussein Suzan Mohamed Attia Mohamed Shaimaa Mohamed Abdel Aziz Rehab Allah Moh. Magd El-Dine Khater Aida Mohammed Saeed	Egypt
14	Friends	Mohammed Farah Mazen Salah Mohammed Al-Share	Jordan
15	Fruit House	Ralph Khairallah Celine Khairallah Rustom Vickers	Lebanon
16	GAIATEES.COM	Bashir Barrage Rola Jebeile Sara Barrage	Lebanon
17	Global Solutions Company	Wael Hassan Rowaida Mukred Ibrahim Qadada	KSA
18	Hatifou	Nadjib Mammeri Tarek Nechma Houssem Kettaf	Algeria
19	Jenny's	Abdo Baroud Jennifer Baroud Zeina Chahine	Lebanon
20	KETAB	Tawfeeq Saad Eddin Khaled Ali Kalaldeh Zaid Saad Eddin Abdallah Hyari	Jordan
21	LEB Recycle	Tarek Ayoubi Rita Soueidy Tarek Arnaout	Lebanon
22	Magic Service S.A.L	Charbel Maroun Ghada Khoury Nader Maalouf	Lebanon
23	Nature	Carole Saghbini Dima Jabbour Baydzar Balekdjian Mona Haddad	Lebanon
24	NEH NEH	Bassam Falah Sana Norman Nada Najjar	UAE
25	NEO Solutions S.A.R.L	George Younes Sabine Araman Wissam Hasrouni	Lebanon
26	Nocturnal Work	Lynn Chouman Jad Elias Joelle Elias	Lebanon
27	Plan Arabia	Nagham Abhushakra Wissam Abou-Chakra Lara Araoui	Lebanon
28	TASMEEM	Mahmoud Zakaria Mostafa Khalifa Mahmoud Ashour Ahmad Roushdy	Egypt
29	Thanaweya Dot Com	Ayman AhmedHassan Ahmed Abdullah Fawzi Marwa Yehia ElSaaty Noha Abd El Hamid Hussian	KSA
30	Wadnas Elixir	Wadie Riahi Anas Joutey Aziz Soussi	Morocco