Standard Chartered launched with Falak Investment Hub the second cohort of the Women in Tech Program, in the Kingdom of Saudi Arabia, with an eye to empower a new cohort of women-led startup companies. 

The program helps women with invaluable training, mentorship and seed funding opportunities through an 8-week learning and growth journey, as part of Standard Chartered’s global Women in Tech initiative.

“The first edition of the Women in Tech Program received an overwhelming positive response, we are looking forward to the second cycle to scale the program’s impact and unlock the potential of more women-in-tech,” said Mazen Bunyan, CEO, Standard Chartered Saudi Branch.

The first cohort included eight startups and awarded three of which with equity free funding, the program is designed to enable female founders in the technology industry to create a positive change in the ecosystem.

A second cohort the program represents our commitment towards empowering women within our ecosystem. We are excited to run the program again and provide more startups with access to necessary resources and financial opportunities that establish solid grounds for growth,” said Adwa Al Dakheel, Founder and CEO, Falak Investment Hub.

Applications for the second cohort have officially opened on October 29 and will be open for a duration of four weeks.