Due Date: December 10, 2018

Applications for the MIT Business Online Forum Arab Start-up Competitors 2019 are open. The MIT Arab competitors is developed to empower business owners and cultivate an eco-system of development and entrepreneurship in the Arab Area.

The MIT Arab Competitors is an annual competitors started by the MIT Business Online Forum Pan Arab because2006 ASC pits business owners in 3 various tracks: Concepts, Start-ups and Social Entrepreneurship Track. The winning groups are granted 160 K USD in equity totally free fund and gain from a variety of other activities.

Prizes

Winning business owners will get:

  • Leading tier training;-LRB- **************).
  • Mentorship;-LRB- **************).
  • Media Direct Exposure;-LRB- **************).
  • Networking Opportunities and
  • Prize money which will be granted to 3 winning groups from the Concepts, Start-ups, Social Entrepreneurship tracks.

Eligibility

  • Start-up Tracks

    • Each group must have at least 2 members
    • The group must have a working product/service, traction and sales
    • The start-up must be creating in between 50,000 USD and 350,000 USD each year in earnings
    • The start-up must not have actually raised financing above 1,500,000 USD
    • The start-up must be lawfully signed up in an Arab nation or signed up abroad and running in an Arab nation
    • The start-up must remain in any Tech or Digital market
  • Concepts Tracks

    • Groups are needed to have an evidence of idea (studies, performance history, customers list, and so on) for their concepts and a model
    • Having actually the start-up signed up is a plus
    • Concepts/ Start-ups must have a validated Organisation design, with a clear intend on how to grow (In terms on group, markets, locations, and so on)
    • Reference/Recommendation from a mentor/industry specialist
    • The concepts must remain in any Tech or Digital market
  • Social Entrepreneurship Track

    • Each group must have at least 2 members
    • The group must have a working product/service dealing with a social difficulty with a For-Profit design
    • The start-up must be lawfully signed up in an Arab nation or Registered abroad and running in an Arab Nation
    • The start-up must be creating in between 50,000 USD and 350,000 USD each year in earnings
    • The start-up must not have actually raised financing above 1,500,000 USD
    • The start-up must remain in any Tech or Digital market

Application

Click on this link to use

To find out more, see MIT Arab Competitors

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