Seeqnce

Seeqnce
IndustryStartup accelerator
FoundedBeirut, Lebanon (2010)
Headquarters
Beirut, Lebanon
Key people
Samer Karam
Websitewww.seeqnce.com

Seeqnce is a startup accelerator based in Beirut, Lebanon.[1] The company advises on best practices in building startup ecosystems.

History

The company was founded in 2010 by Samer Karam, who served as Chairman and General Manager.[2] In July 2011, Seeqnce launched its state-of-the-art space in the heart of Beirut (Hamra).[3] On August 24, 2012, Seeqnce announced its investment in 8 startups.

Approach

The lack of expertise, the lack of knowledge on startup accelerators as well as the risk-averse culture are among the factors which called for a need for modifications when applying western methods in the region.[4][5][6]

One of the adjustments Seeqnce made to meet region's needs is the duration of the program which is 6 months. This is twice the duration of Y Combinator's program.[7]

Program

The program [SqP] is a year-long web / mobile business creation process that is composed of two phases: Selection and Acceleration.[8]

After operating for year and a half, Wamda elected Seeqnce as one of "the top 10 accelerators" in the MENA region.[9]

Seeqnce Accelerator Program 2012

Another startup Seeqnce accelerated is Cinemoz described by TechCrunch as "on its way to becoming the Hulu of the Arab world."[10]

References

  1. ^ "Beirut's First Startup Incubator". TechCrunch. 2012-05-17. Retrieved 2012-05-17.
  2. ^ "Beirut's Bright Future As A Tech Hub For MENA, If Its Politicians Will Allow It". TechCrunch. 2015-04-03. Retrieved 2015-04-03.
  3. ^ "Seeqnce Internet Startup Accelerator Celebrates the Opening of its New Space in Hamra". Entrepreneurs Lebanon. 2011-07-23. Retrieved 2012-03-01.
  4. ^ "Accelerating Entrepreneurship in the Middle East and North Africa". booz&co. 2011-10-23. Retrieved 2012-03-23.
  5. ^ "What Are The Differences Between Middle Eastern And Western Styles Of Management?". Blurtit. Retrieved 2012-03-23.
  6. ^ Qayyum, Mehrunisa. "Revolutionary Business: Rethinking Entrepreneurship in the Middle East". Carnegie Middle East Center. Retrieved 2012-03-23.
  7. ^ "Y Combinator". Y Combinator.
  8. ^ "Seeqnce Program". Seeqnce. Retrieved 2012-03-05.
  9. ^ Curley, Nina (2011-09-28). "Top 10 Accelerators in the Middle East and North Africa". Wamda. Retrieved 2012-03-03.
  10. ^ "From The Heart Of Beirut, Startup Accelerator Seeqnce Plans To Thrive – TechCrunch". techcrunch.com. 5 July 2012. Retrieved 2018-03-15.

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