Guarantee Scheme
Guarantee Scheme
To address the lack of culturally-relevant digital content available for children growing up in countries with prevalently high consumption of digital-media by pre-teens, Lamsa offers interactive Arabic edutainment content-experiences geared towards children through a platform. The Lamsa app, which is within the Family & Kids category, now ranks #1 on both the Google Play and Apple app stores across more than 10 markets with more than 16 million downloads between both stores.
from UAE
Badr Ward instigated the industry of Digital Literacy for Children across the Arab World. He is the founder and CEO of Lamsa, the first and leading Arabic digital reading platform for children, which is ranked as the number one application for children across more than 10 Arabic markets on both
Google’s Play and Apple’s App Store, and continues to produce, publish, and deliver hundreds of digital interactive books and literacy content to more than 15 million Arabic speaking children globally.
We partnered with the Guarantee Scheme to help scale and grow our business in the field of EdTech, tackling Early Childhood Development in the UAE and across the region to empower future generations by equipping them with 21st Century Skills. Parallel to financing support, MBRIF constantly helps with business vision and strategy. Through the provision of a guarantee by the MBRIF Guarantee Scheme we were able to obtain the necessary financing from our Bank in order to facilitate our innovation activities targeted at sustainable growth. We highly appreciate the availability of a long-term state-backed guarantee in order to introduce our new innovative product line and consequently increase both client-base and product sales.
We partnered with the Guarantee Scheme to help scale and grow our business in the field of EdTech, tackling Early Childhood Development in the UAE and across the region to empower future generations by equipping them with 21st Century Skills. Parallel to financing support, MBRIF constantly helps with business vision and strategy.
Through the provision of a guarantee by the MBRIF Guarantee Scheme we were able to obtain the necessary financing from our Bank in order to facilitate our innovation activities targeted at sustainable growth. We highly appreciate the availability of a long-term state-backed guarantee in order to introduce our new innovative product line and consequently increase both client-base and product sales.
