Naviatx doesn’t need Pfizer!

How does a startup beat the odds…. and the Rona?

The quickest answer is it builds an A-team!

Let us share with you our latest updates and how Naviatx is building the next success story and case study for business schools in the region.

In order for Naviatx to scale and capture market share rapidly, our CEO identified that we must start by securing a world-class advisory board and establish access to top-tier and timely support. This is why Naviatx:

• Won a $5k pitching competition provided by Al-Quds Business Center.
• Has made great progress in developing our Minimum Viable Product, a downloadable version of our mobile application.
• Is in discussion with legal partners that will support us beyond the initial establishment of the legal documents.
• Is finalizing a sponsorship agreement with Finbloom. A leading Palestinian financial management solutions company that will offer us full access to their team of experts to ensure the most optimal use of funds and financial compliance for future fundraising rounds.
• Is negotiating with Lok Incubator, a Kansas-City-based incubator, that offers support in tech development and access to European Union grants as well as connections with UAE high-executives in Dubai Media City for future sponsorship.

What’s coming up for Naviatx?

• Finalize agreement and negotiations with Lok Incubator and set up a development plan.
• Sign a letter of engagement with a legal partner.
• Incorporating the company as a Delaware C Corp. Read more on why Delaware C.
• Identify the first 2 insurance companies to be targeted for a pilot program to ensure proof of concept and create traction.
• Start implementing our hiring plan which introduces a balance between headhunting, fresh grads and interns.

Our hearts go to those affected and damaged by the Coronavirus. We do not aim to underestimate the effects of the pandemic we are going through but the contrary. We hope this newsletter gives us all hope that we can still create, build, and overcome in hopes that we can all get to roam freely again soon.

Best regards,
Naviatx team