Loyyal selected for the prestigious Sharjah Startup Studio (S3) Program by Sheraa (Sharjah Entrepreneurship Center)

Sharjah, UAE – December 14, 2024 – Loyyal, a leading innovative Enterprise SaaS Suite for loyalty & payments, is proud to announce its selection as one of the top 20 outstanding startups chosen for the latest Sharjah Startup Studio (S3) cohort. This prestigious six-month program, powered by the Sharjah Entrepreneurship Center (Sheraa) is dedicated to transforming high-potential startups by providing customized support, expert guidance, and access to critical resources that drive success.

Loyyal has been selected under the ‘creative industry’ category with its unique take on innovating loyalty & rewards with blockchain technology.

The S3 program offers a unique combination of structure and flexibility, ensuring startups can scale effectively while staying true to their vision. As part of this cohort, Loyyal will have the opportunity to work closely with Sheraa’s renowned Centers of Excellence, gaining access to key partners and potential customers to drive traction and accelerate growth. The program also focuses on equipping startups with the tools and knowledge to secure strategic investments, offering expert mentorship in pitch preparation, investor relations, and navigating the complexities of contract negotiations and term sheets.

Over the next six months, Loyyal will benefit from exclusive access to on-demand experts and Entrepreneurs-in-Residence (EIRs), who will provide personalized advice and help refine strategies to achieve key milestones. Bi-weekly check-ins with Sheraa’s team will ensure continuous progress and alignment with the company’s objectives. Additionally, Loyyal will unlock a suite of valuable resources, from co-working spaces and software credits to introductions to potential customers and investors, enabling the team to focus on building and scaling the platform efficiently.

As part of the Sharjah Startup Studio experience, Loyyal will participate in high-profile events, including the Sharjah Entrepreneurship Festival (SEF), roadshows, and leadership retreats. These opportunities will allow the company to showcase its innovative solutions, expand its network, and immerse itself in the dynamic entrepreneurial ecosystem of Sharjah and the UAE.

“This is a transformative milestone for Loyyal,” said Ashish Kumar Singh, CEO of Loyyal. “Being selected as part of the S3 cohort is a testament to the potential of our loyalty blockchain solutions and our commitment to bringing innovation to the loyalty industry. We are excited to leverage the exceptional resources, mentorship, and opportunities provided by S3 to propel Loyyal to new heights.”

The Sharjah Startup Studio is widely recognized as a launchpad for innovation, offering startups an unparalleled opportunity to scale and succeed in a competitive global market. Loyyal is honored to join the S3 family and looks forward to a journey of growth, collaboration, and impact over the next six months.

About Loyyal

Loyyal is renowned for its innovative Enterprise SAAS Suite for Loyalty & Payments powered with patented blockchain technology.  Loyyal SAAS disrupts loyalty industry with metrics of incremental revenue, rapid growth, and scalability at the lowest possible cost. Xpand Point, the world’s first blockchain-enabled loyalty points exchange platform leverages Loyyal’s unique USP to empower every program with an interoperable exchange facility across different programs, and categories both locally and internationally.

For more information, please visit www.loyyal.com for PR related queries contact [email protected].

About Sharjah Startup Studio (S3) Program by Sheraa (Sharjah Entrepreneurship Center)

The Sharjah Startup Studio (S3), an initiative by the Sharjah Entrepreneurship Center (Sheraa), is a six-month intensive program designed to empower high-potential startups. S3 offers a unique blend of personalized mentorship, resource access, and strategic support, enabling founders to accelerate their journey toward scaling and sustainability. The program provides startups with tailored advisory sessions from industry experts, bi-weekly progress tracking, and access to Sheraa’s Centers of Excellence (COE), connecting them with key partners and customers. Participants benefit from exclusive perks, including co-working spaces, software credits, and introductions to investors.

S3 also emphasizes community building and experiential learning, offering opportunities to showcase innovations at events like the Sharjah Entrepreneurship Festival (SEF) and participate in leadership retreats and demo days.