Egyptian e-commerce SaaS startup Awfar raises funding from VMS
Summary
Value Maker Studio (VMS) is set to launch the "Bridge Programme early next year, to help Egyptian tech startups seamlessly expand to Saudi Arabia. The three-day-long programme consists of intensive training and mentorship sessions that provide participants with insights into the Saudi market and its investment landscape, further assisting them with identifying target audiences, understanding customer behaviour and preaching processes.Awfar.com, a leading provider of customer engagement and e-commerce solutions, is thrilled to announce its groundbreaking partnership with Value Maker Studio (VMS), an innovative venture studio dedicated to nurturing startup success. Over the years, it has significantly contributed to the growth and success of businesses across Egypt and the MENA region, earning a reputation as a one-stop shop for retailers seeking to enhance their customer engagement strategies and sales operations.Value Maker Studio (VMS), on the other hand, is a pioneer in value-focused innovation. Their mission is clear: to actively empower exceptional entrepreneurs, drive technological innovation, foster job creation, and secure a strategic foothold within the Saudi market.Awfar.com faced numerous challenges when exploring opportunities in Saudi Arabia, including navigating complex legal documents, securing financial support, and establishing critical market connections. Leveraging its extensive experience, resources, and network, VMS aims to help entrepreneurs succeed, reduce risks, and offer them a range of support services, including financial, technical, legal, HR, and recruitment.The comprehensive "Bridge Program" will consist of three days of intensive training and mentoring sessions, providing insights into the Saudi market, its investment landscape, identifying target audiences, understanding customer requirements, crafting compelling sales pitches, and addressing other crucial aspects to facilitate the expansion journey for Entrepreneurs.The VMS Bridge Program doesnt just boost growth; it also simplifies access to funding opportunities and enhances connections with a diverse group of investors and mentors within the Kingdom and the region.Program Partners include the Arab Academy for Science and Technology and Maritime Transport, the Egyptian Federation of Chambers of Commerce, the General Division for Digital and Technology Economy, Adventurers, Cash Cow, U Youth, and FALAK.Mr.
Funding
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