Ali Youssef
14 Nov 2024
Yesterday was a momentous day for Skillwork, marking not only the company’s anniversary but also the culmination of the Deen Developers Buildathon—a unique startup program funded by Collective Continuum with Skillwork as a key partner. This special day was more than just a demo day; it was a showcase of innovation and ambition, where early-stage Muslim-led startups pitched their refined business ideas to an audience of angel investors, mentors, and industry leaders. The stakes were high: three standout startups would earn the opportunity to present at GMW Network in Doha, competing for a prize of up to $250,000.
Guiding Emerging Startups Through a Transformative Journey
In preparation for this event, the startups participated in an intensive seven-week accelerator program, co-hosted by Skillwork, Collective Continuum, and Deen Developers. Throughout this period, the teams received hands-on guidance on essential entrepreneurial skills. The curriculum was carefully crafted to provide the startups with a structured path to success, covering topics such as:
Defining and refining a business idea.
Validating the business model and market fit.
Identifying the core features that align with their value propositions.
Offering strategic and technical support to foster growth.
Skillwork’s involvement extended beyond formal training sessions. The team collaborated closely with these budding entrepreneurs to help them overcome real-time challenges, adjust their strategies, and strengthen their pitches. This comprehensive approach was designed to arm them with the confidence and insight needed to make a lasting impression on investors.
Learning from the Best: Fireside Chats and "Roast" Sessions with Seasoned Entrepreneurs
To further enrich the experience, the program featured a series of fireside chats and “roast sessions” with seasoned Muslim entrepreneurs who shared their journeys, insights, and hard-earned wisdom. These sessions offered the cohort a rare opportunity to learn directly from successful entrepreneurs who understand the unique challenges and opportunities in the global marketplace. By dissecting the pitches and strategies of the participating startups, these experts provided critical feedback, encouraging founders to rethink and refine their approaches.
Building a Network of Muslim Entrepreneurs and Investors
The demo day didn’t just mark the end of the program; it was a launchpad for ongoing growth and opportunity. By connecting promising entrepreneurs with a supportive network of angel investors and mentors, the Buildathon’s demo day aligns with Skillwork’s commitment to nurturing innovation and building bridges within the Muslim entrepreneurial community. Each of the three startups selected for the Doha trip has a unique chance to accelerate their growth, gain exposure, and potentially secure funding that could catapult their business to the next level.
Looking Ahead
As Skillwork celebrates another year in business, our involvement in events like the Deen Developers Buildathon reinforces our mission to foster talent and provide transformative support to the startup ecosystem. We are excited to see how these entrepreneurs progress and look forward to more opportunities to empower emerging leaders in the fintech and tech space.