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Gaza Sky Geeks startup accelerator raises $100,000

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Megan Kelly |
Gaza Sky Geeks
Startup accelerator   Fresh ideas from young entrepreneurs

Gaza Sky Geeks (GSG), the first and only startup accelerator in Gaza, crossed the $100,000 mark in funding. The hub that gives hope to young entrepreneurs in Gaza had $70,000 as the first goal but that was crossed quickly.

GSG, run by Mercy Corps, is trying to find talented teams with smart ideas and help them turn them into successful startups. Looks like any other startup accelerator you may say but if we have in mind a difficult environment in which they are trying to raise young entrepreneurs, it becomes clear how hard task they have in mind. But, they are doing a very good job.

Gaza Sky Geeks' pilot program gave birth to 4 potential startups led by women, and those are working now and seekin new investments. And exactly women, and that could be an example to the big corporations, are one of the strongest force of Gaza Sky Geeks. Among 600 youth applied to Startup Weekend Gaza and 150 accommodated, half of them were women.

Thanks to its geopolitical position, Gaza seems difficult for any business but facts are telling us something very different: literacy is at 99% literacy, tertiary education is at high levels, people are technically educated, internet connections are good, and Wi-Fi networks are widely available. So, all basic conditions are in place for some new idea to be born and translated in serious businesses.

There is no doubt that Gaza Sky Geek started something big and that we will see some great ideas coming from young people of Gaza.

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