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Meta & Startupbootcamp Program Will Promote MENA Startups

The initiative will encourage AI adoption through a series of workshops and bootcamps and offer $500,000 to support product development.

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meta and startupbootcamp program will promote mena startups
Llama Design Drive

Facebook and Instagram owner Meta has begun a collaboration with Startupbootcamp, a startup accelerator responsible for over 1,600 successful launches.

The strategic partnership aims to boost the MENA region’s startup scene using cutting-edge AI technologies through its Llama Design Drive initiative.

The program consists of three four-week sprints that will take place across the United Arab Emirates, Saudi Arabia, and Egypt. Llama Design Drive highlights include workshops and mentorship sessions and strategic partnerships with industry thought leaders.

The program by Meta and Startupbootcamp hopes to bridge the gap between established companies and the dynamic AI startup sector. To that end, Llama Design Drive will promote the use of Meta’s open-source large language model, Llama 3.1, helping companies develop products that tackle “real-world challenges in mobility, aviation, energy distribution, retail, and real estate”.

Startups recruited into the Llama Design Drive program will get the opportunity to be fast-tracked into a global initiative sponsored by Meta and have the chance to win up to $500,000 to support future product development.

“Our program not only promotes the adoption of AI technologies to develop solutions for corporate challenges but also facilitates connections between startups, corporates, and industry experts to expand networks and gain valuable knowledge and technical skills,” explained Ibrahim “Abe” Seksek, CEO MENA at Startupbootcamp.

Also Read: The Most AI-Proof Career Opportunities In The Middle East

“The whole world is excited to see how AI can add value to people’s lives,” added Joulan Abdul Khalek, Policy Programs Manager, Africa Middle East and Turkey at Meta. “Llama Design Drive is a great example of how open source can bring people together to co-create meaningful AI solutions. By doing so, we hope to cultivate a thriving community of tech talent across the region, working with them to unlock the potential of these exponential technologies to address real-world challenges”.

The MENA region — and the Middle East in particular — is ideally positioned for AI sector dominance, with both governments and businesses scrambling to adopt advanced technologies. In real terms, the Middle East as a whole is expected to reap 2% of the total worldwide benefits of AI by 2030, with annual growth surging to 20-34% across the region.

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Tech Startup Foodics Offers Smarter Restaurant Management

The Saudi company’s innovative solutions optimize restaurant operations, from ordering to payments, delivery, and more.

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tech startup foodics offers smarter restaurant management

Foodics, a prominent player in the MENA restaurant management landscape, is transforming the food and beverage industry through its comprehensive, in-house developed Restaurant Management System (RMS).

Known for its strong presence within Saudi Arabia’s thriving startup ecosystem, Foodics already serves customers in over 35 countries. The company provides innovative hardware and software solutions designed to help restaurant owners optimize their operations.

Currently, Foodics offers more than 100 apps that seamlessly integrate into restaurant operations. These tools cover everything from front-of-house management and data collection to inventory tracking, menu creation, delivery coordination, and more.

foodics complete services showcase

To further simplify customer ordering and payments, Foodics offers various specialized solutions. These include Foodics Online, a commission-free online ordering platform; Foodics Pay, which streamlines payment processes; Foodics Kiosk, a self-ordering and checkout system; Foodics Marketplace, a platform that partners with over 100 third-party apps for easy integration; and Foodics Accounting, a smart financial management tool designed to simplify accounting tasks.

“We sensed a lack of digitalization across the Saudi food and beverage sector in 2014, especially in the ordering process, including restaurants that were facing operational challenges. This inspired us to develop a fully integrated ecosystem to support the industry as we wanted to bring new technologies that change and enhance how people interact and connect with their favorite food brands,” comments Ahmad Al-Zaini, CEO and co-founder of Foodics.

Also Read: Healthtrip Expands Into Middle East To Boost Health Tourism

Today, more than 30,000 food and beverage outlets use the company’s services. In the UAE alone, approximately 1,850 restaurants rely on Foodics, with over 60% of these establishments having been clients for more than two years.

By focusing on creating efficiency and convenience, Foodics has had a significant impact on the Middle Eastern F&B sector. Their solutions have redefined the dining experience, from the moment customers place an order until the food is delivered to their table or doorstep.

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