Foodics, Million Pound Menu partner to back entrepreneurs of F&B sector

05 / 12 / 2024

• news
• Sustainable Development

Foodics, the leading provider of restaurant management and financial tech solutions in the MENA region, has announced its official technology partnership with Million Pound Menu to support entrepreneurs in the F&B sector.

This partnership will help entrepreneurs expand and grow by providing the latest technology solutions capable of facing any operational challenges that may arise as quickly as possible. The program enables ambitious restaurant owners to present their ideas to a group of investors to obtain the necessary financing.

Contestants present their innovative ideas while investors evaluate their potential for success and expansion.

Foodics will provide a range of integrated technology solutions in the region to the contestants to help them improve their operations and manage their businesses efficiently, such as Foodics Restaurant Management Systems (RMS) that provide comprehensive solutions for managing orders, inventory, and sales, and a variety of Foodics solutions that help restaurant owners control and follow up on all operations smoothly, which allows contestants improve the accuracy of orders and reduce errors during their testing process by investors.

Commenting on the sponsorship, Ahmad Al-Zaini, Co-Founder and CEO of Foodics, said, “This partnership stems from our commitment to empower innovative entrepreneurs in the restaurant sector and our dedication to contribute positively to the communities where Foodics operates. Using Foodics’ advanced systems ensures that participants will be able to manage their businesses with ease and flexibility, while our collaboration also strengthens the position of Saudi companies, especially startups, and their presence on a regional and global scale.”

Ahmed Luxor, CEO & Co-Founder of IMP, the production company for Million Pound Menu, said “Foodics’ partnership with Million Pound Menu is in line with our vision to support the F&B sector in Egypt and the region. Through the program, contestants will be trained to use Foodics’ solutions and benefit from all the features they offer, to enable them to provide a distinctive customer experience and build successful and sustainable businesses. Contestants will also be able to improve the efficiency of operations in their restaurants by simplifying daily procedures, reducing errors, increasing productivity and analytics, enhancing the customer experience with fast and accurate service, and helping them attract more investments.”