Home Contests MIT Enterprise Forum Arab Startup Competition 2020 for the MENA Region (USD $160,000 Prize Money)

MIT Enterprise Forum Arab Startup Competition 2020 for the MENA Region (USD $160,000 Prize Money)

by OFA

Application Deadline: December 10, 2019

MIT Enterprise Forum Arab Startup Competition (ASC) is a yearly competition initiated by the MIT Enterprise Forum Pan Arab since 2006. This annual competition is designed 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 160K USD in equity free fund and benefit from a range of other activities including top tier trainings, mentorship, coaching, media exposure and great networking opportunities.

Benefits:

The winners of the competition are granted an equity-free prize money, hence the MIT Enterprise Forum Pan Arab does not have any ownership entitlements to the startup.

Participants are expected to pay for their own flight tickets. The MIT Enterprise Forum Pan Arab will be paying all other expenses for up to two team members per team, including accommodation, ground transportation to and from the event venue.
Other members attending the event can benefit from our special rates.

How to Apply:

Every edition has a specific deadline for application submissions. No submissions are allowed after the deadline is due.

You must apply through our website https://www.mitarabcompetition.com/

  1. Create an account or log in if you already have one
  2. Select the language in which you wish to apply with
  3. Select the track
  4. Fill out the application form
  5. Submit the application before the deadline

Note that you may save your application answers without submitting.

Timeline:

  1. September 10, 2019 Website opens for submission 1
  2. December 10, 2019 Deadline for submissions 2
  3. January 14, 2020 Semifinalists announcement 3
  4. February – March 2020 Semifinalists boot camp 4
  5. April 2020 Conference and award ceremony 5

For More Information:

Visit the Official Webpage of the MIT Enterprise Forum Arab Startup Competition 2020

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2 comments

MIT Enterprise Forum Arab Startup Competition 2021 pour la région MENA (Equity-free cash Prize) - Opportinuté afrcica September 29, 2020 - 6:32 pm

[…] Concours de démarrage arabe du MIT Enterprise Forum (ASC) est un concours annuel lancé par le MIT Enterprise Forum Pan Arab depuis 2006. Ce concours annuel est conçu pour responsabiliser les entrepreneurs et favoriser un écosystème d’innovation et d’entrepreneuriat dans la région arabe. ASC place les entrepreneurs dans trois pistes différentes: les idées, les startups et la voie de l’entrepreneuriat social. Les équipes gagnantes reçoivent des prix en argent dans des fonds sans actions et bénéficient d’une gamme d’autres activités, notamment des formations de haut niveau, du mentorat, du coaching, de la visibilité médiatique et d’excellentes opportunités de réseautage. […]

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MIT Enterprise Forum Arab Startup Competition 2021 for the MENA Region (Equity-free cash Prize) | Opportunity Wow September 29, 2020 - 6:44 pm

[…] MIT Enterprise Forum Arab Startup Competition (ASC) is a yearly competition initiated by the MIT Enterprise Forum Pan Arab since 2006. This annual competition is designed 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 equity-free funds and benefit from a range of other activities including top tier training, mentorship, coaching, media exposure, and great networking opportunities. […]

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