The Benefit of Research & Development [Wamda TV]

Karim Helal, the Managing Partner of e-tendering platform Monaqasat, a startup pitched in the Startup Demo, discusses how he spent two years in research and development before launching the platform in February 2009.

Helal discusses the chicken-and-egg problem he faced in creating the platform, which is designed to streamline the tendering process: in order to have tender issuers, he had to have bidders, yet in order to have bidders, he had to have tender issuers.

Watch as he describes how he got his first big break, and why he came to Lebanon to get support for his development at Seeqnce.

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