Audiomatic, Socialee, and PaySky Take Top Prizes at Entrepreneurship World Cup 2024 National Finals

Audiomatic, Socialee, and PaySky Take Top Prizes at Entrepreneurship World Cup 2024 National Finals 

Startups take top spot out of more than 100 applicants from across the UAE.

In a collaborative effort, the Entrepreneurship World Cup 2024, Startupscale 360 (the UAE National Organiser), and Al Ghurair (National Co-Host) are proud to announce the winners of this year's Entrepreneurship World Cup, a global pitching competition geared at empowering outstanding startups. The event, which took place on May 31, reflected the UAE’s vibrant entrepreneurial spirit and innovation landscape.

The Entrepreneurship World Cup occurs simultaneously in over 100 countries through virtual and in-person events. More than 100 startups applied for the UAE edition. 

The winners are:

  • Idea Stage: Audiomatic, an AI-driven platform that generates music and sound effects for videos, automating audio-related tasks in content production.
  • Early Stage: Socialee, a video commerce ecosystem with real reviews from real people, starting off with beauty in the GCC.
  • Growth Stage: Paysky, a FinTech ecosystem enabler providing digital payments solutions to central banks, banks and Telcos.

Other startups who were recognised with special choice awards are as under:

  • UBQT, runner up, Idea Stage, Finalist
  • Takeem, runner up, Idea Stage, Finalist
  • The Intern, runner up, Idea Stage, Finalist
  • Revent, runner up, Early Stage, Finalist
  • FortyGuard, runner up, Early Stage, Finalist and special choice awards “Sustainability” category
  • VectorGlobe, runner up, Early Stage, Finalist and special choice awards “ClimateTech” category
  • Momint, runner up, Growth Stage, Finalist
  • Archireef, runner up, Growth Stage, Finalist
  • Datainsights, runner up, Growth Stage, Finalist
  • SehaaOnline, special choice awards “HealthTech” category
  • Yu.sh, special choice awards “Design” category
  • Nature Print, special choice awards “Rising Star” category
  • Hubpay, special choice awards “FinTech Forward” category
  • Watermelon, special choice awards “F&B Ecosystem” category
  • Urent, special choice awards “Mobility” category
  • ReTake, special choice awards “Circular Economy” category
  • HydroArtPod, special choice awards “AgriTech” category
  • Baby Store, special choice awards “Female Boldness” category
  • Sulmi, special choice awards “Emirati Make-a-Difference” category

Audiomatic, Socialee, and PaySky will be advancing to global winner pool where they will be further evaluated for selection of EWC 250 - the next round of the global competition against applicants from 200 countries. All founders advancing to the next round will participate in a bootcamp which features virtual training and mentoring sessions targeted to their company’s current stage and growth trajectory. This is a key step to qualify for the EWC Global Finals.

The top 100 finalists globally will advance to pitch live for a share of $1 million in cash prizes at the EWC Global Finals held in Riyadh, Saudi Arabia in the fall 2024. Global finalists also gain automatic entry into the GEN Starters Club, an invitation-only community of talented founders from around the world. 

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