Yomken.com powered by Istebdaa’ LLC Turning Challenges into Economic opportunities

Yomken.com (“It’s Possible” in Arabic) is a web-based platform specialized in crowdsourcing low-cost, sustainable and innovative solutions for the industrial and societal challenges faced by farmers, SMEs, governmental and social organizations using its unique “Open-Innovation; CrowdSolving” model for the developing world. Solutions are provided by the students, engineers, the Diaspora, etc.
These challenges can vary from product design; development, production process optimization, usage of alternative raw material, etc. The winning solution gets a predefined reward based on the condition of the challenge agreed with the solution seeker. Yomken.com takes a commission on every solver reward, called a success fee. Solver rewards and success fees are payable only if a solution is acquired.
Additionally, it provides a marketplace for innovators and researchers to get connected with other financial vehicles (e.g. MFIs, VCs, Crowdfunding platforms and others)
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Stage Growth stage EST October 2012
Sectors Consulting and business development, Information technology
Location Cairo, Egypt
Markets Egypt, Tunisia
Customer model B2B2C
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