Deadline: 15-Dec-20
MIT Enterprise Forum has launched 14th Virtual Edition of Arab Startup Competition (ASC) to empower entrepreneurs and foster an eco-system of innovation and entrepreneurship in the Arab Region. ASC pits entrepreneurs in three different tracks: Ideas, Startups, and Social Entrepreneurship Track.
The winning teams are awarded prize money in the equity-free funds and benefit from a range of other activities including top tier training, mentorship, coaching, media exposure, and great networking opportunities.
An intensive 3-day bootstrapping training program designed specifically for the semifinalist teams of the competition to prepare them for their final pitches. The training is customized for each of the three tracks and covers topics including but not limited to scaling businesses, building business models and value propositions, customer journey mapping, fundraising, and pitching.
ASC boot camps also include the flagship mentorship activity putting the participating entrepreneurs face to face with leading industry experts. Held in a different Arab city every edition, that boot camps gather over 100 entrepreneurs and have so far offered top-tier training for a total of 2,400 entrepreneurs.
Why Apply
- Top Tier Training;
- Mentorship;
- Media Exposure;
- Networking Opportunities;
- Equity Free Prize Money.
Eligibility Criteria
- To be eligible to apply to the competition, your idea/startup should consist of at least 2 team members, knowing that team member profiles are crucial criteria in evaluating an application.
- Entrepreneurs of all ages may apply.
- Each team/entrepreneur is allowed one entry.
- You may only apply through the track most relevant to you. The MITEF Pan Arab team reserves the right to place you on a different track than what you have selected if deemed more suitable.
- To be eligible to apply to the Startups Track, the startup has to have sales and a database of user traction.
- If your startup is not registered in an Arab country but operates in one, then you can still apply.
For more information, visit https://www.mitarabcompetition.com/