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Middle East firms compete for £50k prize

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Israeli and Jordanian start-up companies have made it through to Seedcamp Week 2009, a competition hosted by early-stage investment fund Seedcamp, which was founded by Index Ventures’ Saul Klein and Reshma Sohoni, formerly of 3i. Twenty-one finalists — which include Talasim, a Jordanian online social network and photo sharing service, and YubiTech, an Israeli software provider that makes it easier to install mobile applications — will compete for a €50,000 investment. Seedcamp Week begins on Monday in central London (www.seedcamp.com).

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