Dubai, United Arab Emirates–(BUSINESS WIRE)–The Aviram Family Foundation has partnered with Forbes to organize the inaugural “Aviram Awards – Tech for Humanity” event and pitch competition. The culmination of a months-long search for the most promising startups that combine big business with a strong impact on humanity from the Middle East and North Africa. At an event in Dubai following a live onstage pitch competition, the Aviram Family Foundation and Forbes awarded the grand prize to Ari GargirCEO, RedC Biotech Ltd., winning $500,000 plus entrepreneur mentorship Ziv Aviram, Founder and President of the Aviram Family Foundation. Additionally, the second runner-up, Bara Wahbe, co-founder and CTO, Akyas Sanitation received $100,000; and the third, Saar SafraCEO of Beewise, received $50,000.

Israeli company RedC Biotech is developing an innovative industrial process to produce universal red blood cells (RBCs) for life-saving blood transfusions and a unique platform for advanced therapies, addressing a global market of over $20 billion.

The event also included a special virtual chat with President Bill Clinton.

Aviram Awards – Tech for Humanity is the first initiative launched by the Aviram Family Foundation, founded by Ziv Aviram, the co-founder of groundbreaking Mobileye and OrCam solutions – and his family. Aviram Awards – Tech for Humanity’s mission is to encourage promising entrepreneurs to combine substantial business with real societal benefits that will impact the lives of millions.

Judged by world-renowned business leaders, including Ziv AviramFounder and Chairman of the Aviram Family Foundation, Fatima Al JaberMember of the Board of Al Jaber Group, Steven BertoniAssociate Editor, Founders, Forbes, Christina HuCommercial Director, G42 Sports Analytics and Diana Wilde, Co-founder of Aurora50. The competition attracted hundreds of entries from start-ups in the Middle East and North Africa. To be eligible, startups had to be a viable high-tech company with an established concept that positively impacts humanity, less than $5 million in total revenue since inception, and be based in Algeria, Bahrain, in Egypt, Israel, Jordan, Morocco, Saudi Arabia or United Arab Emirates.

This competition will take place annually and aims to provide a springboard for long-term growth for these entrepreneurs and to bring their ideas to life. Following an extensive judging process, during which semi-finalists participated in a virtual event where they received coaching from mentors identified by Forbes and advice on how to refine their presentations, the pool of candidates was narrowed down to five finalists, including:

  • Ba Alf Vu Ltd (Jordan): The start-up behind AKYAS, an innovative system for treating wastewater in a compostable, portable and compact bag, which aims to reduce waterborne diseases and transform waste into bioproducts that can be used for land reclamation or other agricultural purposes
  • Bee (Israel): The first and only AI-powered robotic hive. To extend bee life, improve pollination and increase honey yields, Beewise has created a self-contained, solar-powered hive that can monitor bees around the clock, constantly assessing their needs and applying treatment in real time, all without human intervention.
  • Bio-Circular (Biotics) Ltd. (Israel): Biotic wants to solve the global pollution crisis by accelerating the transition from fossil-based plastics. To do this, the company has created sustainable, bio-based and fully biodegradable polymers that can be used for the vast majority of today’s plastic needs, including in packaging, disposables and single-use products.
  • BMTA&C (Morocco): After discovering that farmers can lose up to a third of their harvest due to limited access to cold storage solutions, the BMTA&C team invented a solar refrigerator that extends the shelf life of cultures from 2 to 20 days.
  • RedC Biotech Ltd. (Israel): RedC Biotech is developing a revolutionary process that mass-produces red blood cells from stem cells, which can then be used by hospitals and humanitarian organizations around the world, with the aim of eliminating the need for blood donations. blood volunteers and provide more treatments lives.

During the Aviram Awards – Tech for Humanity event, which took place in Dubai today, these five finalists were invited to perform live on stage in front of the jury and the participants of the event. At the event reception, the Aviram Family Foundation and Forbes announced the ultimate winners:

  • Ari Gargir, CEO of RedC Biotech Ltd., was named the grand prize winner, received a $500,000 prize and was mentored by Ziv Aviram.

  • Bara Wahbeco-founder and CTO of Akyas Sanitation, was named the second prize winner and awarded $100,000
  • Saar SafraCEO of Beewise, was named third prize winner and awarded $50,000
  • Ari GargirCEO, RedC Biotech Ltd. was named the People’s Choice winner and received expert mentorship with Ziv Aviram

Entrepreneur and businessman Ziv Aviram said, “Proud to announce Ari Gargir, CEO of RedC Biotech Ltd., Israel, who presented a breakthrough idea that provides a meaningful solution to develop a breakthrough patented process of culture of stem cells in bioreactors. The competition was a very exciting journey during which we were exposed to hundreds of startups that combine innovation and cutting-edge technology, for the benefit of humanity across countries in the Middle East and North Africa. I am thrilled with the tremendous commitment of entrepreneurs who have taken ideas, developed them, and empowered themselves to create a new reality of life that will improve the world now and in the future. I would like to thank our partners at Forbes, who have committed to the project, which will become an annual tradition celebrating innovation and a commitment to doing good.

“The entries we received for the Aviram Awards – Tech for Humanity demonstrate the incredible scale and potential of entrepreneurs in the Middle East and North Africa,” said Steven Bertoni, Associate Editor, Founders, Forbes. “The winners we have selected exemplify the forward-thinking spirit of the region’s next generation of business leaders and their desire to drive change by shaping solutions to some of society’s and society’s greatest challenges. the environment. We are thrilled to have partnered with the Aviram Family Foundation to shine a light on these incredible talents.

During the event, President Clinton, 42nd President of the United States, joined in a keynote conversation with Ziv Aviram to discuss entrepreneurship, leadership, and thoughts on our ever-changing world. Earlier today, attendees of the Aviram Awards – Tech for Humanity event heard from OTHER expert speakers, including Vishal BadianiHead of Creative Strategy, Snap Inc; Donna BentonFounder and CEO, The Benton Group; Ambareen MusaFounder and CEO, Souqalmal.com; Noor SweidGeneral Partner, Global Ventures; HE Salwa Abdul Aziz ZeinCEO of HH Sheikh Ahmed Bin Faisal Al Qazzimi Group of Companies; Reim El Houni, CEO, Ti22 Films & Dubai ON demand and Executive Producer, Studio Expo; and Rita Yahan Farouz, singer, songwriter, artist. Speakers discussed a variety of topics in a program focused on how technology is helping solve some of the most pressing problems in the Middle East.

For more information on the Aviram Awards-Tech for Humanity, visit the website here.

About Forbes

Forbes champions success by celebrating those who have done it and those who aspire to do it. Forbes brings together and organizes the most influential leaders and entrepreneurs who drive change, transform businesses and have a meaningful impact on the world. The Forbes brand today reaches more than 150 million people worldwide through its trusted journalism, signature LIVE and Forbes Virtual events, personalized marketing programs, and 47 licensed local editions in 80 countries. Forbes Media’s brand extensions include licensing deals in real estate, education and financial services.

Forbes recently announced plans to go public through a business combination with Magnum Opus (NYSE: OPA), a special purpose acquisition company (SPAC), which is expected to close in the first quarter of 2022.

About the Aviram Family Foundation

Aviram Family Foundation was established in 2021 by businessman and entrepreneur Ziv Aviram and his family with a sense of duty and commitment to promoting community values ​​and providing professional, educational and financial resources to people, companies and solutions that have the power to change the daily reality of citizens of Israel and the Middle East.

The foundation promotes social and community engagement using education for action, mentorship and opportunity creation. The foundation has set itself the goal of harnessing the experience and tools of the business world and combining technology and entrepreneurship with doing good to realize ideas and solutions that will improve the quality of life in society. and the environment.