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Industry | Startup accelerator |
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Founded | Beirut, Lebanon (2010) |
Headquarters | Beirut, Lebanon |
Key people | Samer Karam |
Website | www.seeqnce.com |
Seeqnce is a startup accelerator based in Beirut, Lebanon. 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. In July 2011, Seeqnce launched its state-of-the-art space in the heart of Beirut (Hamra). 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.
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.
Program
The program is a year-long web / mobile business creation process that is composed of two phases: Selection and Acceleration.
After operating for year and a half, Wamda elected Seeqnce as one of "the top 10 accelerators" in the MENA region.
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."
References
- "Beirut's First Startup Incubator". TechCrunch. 2012-05-17. Retrieved 2012-05-17.
- "Beirut's Bright Future As A Tech Hub For MENA, If Its Politicians Will Allow It". TechCrunch. 2015-04-03. Retrieved 2015-04-03.
- "Seeqnce Internet Startup Accelerator Celebrates the Opening of its New Space in Hamra". Entrepreneurs Lebanon. 2011-07-23. Retrieved 2012-03-01.
- "Accelerating Entrepreneurship in the Middle East and North Africa". booz&co. 2011-10-23. Retrieved 2012-03-23.
- "What Are The Differences Between Middle Eastern And Western Styles Of Management?". Blurtit. Retrieved 2012-03-23.
- Qayyum, Mehrunisa. "Revolutionary Business: Rethinking Entrepreneurship in the Middle East". Carnegie Middle East Center. Retrieved 2012-03-23.
- "Y Combinator". Y Combinator.
- "Seeqnce Program". Seeqnce. Retrieved 2012-03-05.
- Curley, Nina (2011-09-28). "Top 10 Accelerators in the Middle East and North Africa". Wamda. Retrieved 2012-03-03.
- "From The Heart Of Beirut, Startup Accelerator Seeqnce Plans To Thrive – TechCrunch". techcrunch.com. 5 July 2012. Retrieved 2018-03-15.