Home Tags Posts tagged with "MIT Enterprise Forum Arab Startup Competition"
Tag:

MIT Enterprise Forum Arab Startup Competition

Contests

MIT Enterprise Forum Arab Startup Competition 2021 for the MENA Region (Equity-free cash Prize)

by OFA
written by OFA

Application Deadline: DECEMBER 15, 2020

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.

Requirements

  • 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 from all ages may apply.

ASC BOOTCAMPS

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 bootcamps 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 bootcamps gather over a 100 entrepreneurs and have so far offered top-tier training for a total of 2,400 entrepreneurs.

Benefits

  • The winners of the competition are granted equity-free prize money, hence the MIT Enterprise Forum Pan Arab does not have any ownership entitlements to the startup.
  • MIT Enterprise Forum Pan Arab will cover the travel expenses for up to 2 members per semifinalist team. The travel expenses covered include flight tickets, accommodation, and transportation from/to the boot camp venue (if needed).
  • MIT Enterprise Forum Pan Arab does not guarantee to help with the Visas.

How to Apply

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 29, 2020 Applications open for submissions
  2. DECEMBER 15, 2020 Deadline for submissions
  3. JANUARY 14, 2021 Semifinalists announcement
  4. JANUARY – FEBRUARY 2021 Semifinalists Bootcamp
  5. MARCH 2021 Virtual conference and awards ceremony

For More Information:

Visit the Official Webpage of the MIT Enterprise Forum Arab Startup Competition 2021

0 comment
0 FacebookTwitterPinterestLinkedinWhatsappEmail
Contests

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

by OFA
written 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

2 comments
0 FacebookTwitterPinterestLinkedinWhatsappEmail
Contests

10th MIT Enterprise Forum Arab Startup Competition 2017 for the Pan Arab Region (USD $160,000 Prize Money)

by OFA
written by OFA

Application Deadline: January 4th 2017

The MIT Enterprise Forum (MITEF) for the Pan Arab Region, in partnership with Community Jameel, the Corporate Social Responsibility arm of Abdul Latif Jameel, and Zain Group, a leading mobile telecom innovator across the Middle East and Africa, announces the launch of the tenth edition of the MIT Enterprise Forum Arab Startup Competition.

As with last year’s edition, this year’s competition includes three different tracks: Ideas, Startups, and Social Entrepreneurship, with total prize money on offer totalling USD $160,000. Each of the three tracks will award the first three ranked winners with cash prizes in addition to many other benefits including: top tier training, mentorship, coaching, media exposure, and great networking opportunities.

nformative roadshows promoting the competition will be held in Bahrain, Egypt, Kuwait, Jordan, Lebanon, Morocco, Qatar and the UAE, and seventy nine semi-finalist teams will be announced on February 10, 2017.

Ideas Track

For entrepreneurs with innovative ideas

Eligibility Criteria for the Ideas track

• Each team should have at least two members
• Each team should at least include one Arab national
• Teams are not required to have a prototype, just an idea for a product or service is enough
• Similarly, teams are not required to have had any sales or have their company registered. The winners however will be required to incorporate their company in an Arab country before receiving their prize.
• The team must not have received any previous funding for the idea they are submitting
• The ideas can be in any industry

Prizes

Three winning teams will be selected to receive cash prizes: $15K for first place, $10K for second place, and $5K for third place. Beside prize money, all qualifying teams would be benefiting from top tier training, coaching, mentorship, and great networking opportunities.

Startups Track

For Legally Registered Companies

Eligibility Criteria for the Startups Track

• Each team should have at least two members
• Each team should at least include one Arab national
• The team should have a working prototype and ideally some user traction and some sales
• The startup should not have generated more than $500K in annual revenues and must have been operational for less than 5 years
• The startup should be legally registered in an Arab country
• The startup can be in ANY industry

Prizes

Three winning teams will be selected and will receive cash prizes: $50K for first place, $10K for second place, and $5K the third place. Beside prize money, all qualifying teams would be benefiting from top tier training, coaching, mentorship, and great networking opportunities.

Social Entrepreneurship Track

For Social Entrepreneurs

Eligibility Criteria for the Social Entrepreneurship Track

• Each team should have at least two members
• Each team should at least include one Arab national
• As we are targeting startup stage social enterprises, your startup must be registered as a social enterprise
• Your startup can be either for-profit or not-for-profit
• Your core product or service must address a social problem targeting marginalised or disadvantaged individuals
• Your social enterprise can be in ANY industry

Prizes

Judges will selected three winning teams that will receive cash prizes: $50K for first place, $10K for second place, and $5K for third place. Beside prize money, all qualifying teams would be benefiting from top tier training, coaching, mentorship, and great networking opportunities.

Benefits:

  • The semi-finalists will be invited to attend pre-bootcamp activities scheduled to take place in February and March, 2017 in Egypt, Jordan, Morocco, Saudi Arabia and the UAE.
  • The competition will culminate in a four-day event from April 24 to April 27, 2017, with the announcement of the competition winners scheduled to take place during the final award ceremony on April 27, 2017.

For More Information:

Visit the Official Webpage of the 10th MIT Enterprise Forum Arab Startup Competition 2017 

1 comment
0 FacebookTwitterPinterestLinkedinWhatsappEmail
AlgeriaContestsEgyptMoroccoTunisia

9th MIT Enterprise Forum Arab Startup Competition 2016, Jeddah, Saudi Arabia.

by OFA
written by OFA

Submission Deadline: January 4, 2016

The MIT Enterprise Forum Arab Startup Competition, in partnership with Abdul Latif Jameel Community Initiatives

The Competition targets 21 countries of the Arab region, brings in more than 5,000 applications a year and engages entrepreneurs in mentorship and networking. So far, the Competition has trained 1,500 entrepreneurs and has create over 250 knowledge based jobs. It receives applications in 4 different tracks: Ideas, Startups, Social Entrepreneurship, and The Silicon Valley Program.

How to Apply:

Idea Tracks

Eligibility Criteria for the Ideas track

  • At least two members per team
  • At least one Arab national on the team
  • No Working Prototype required
  • No Sales
  • No Registration required when applying, but winners are required to incorporate a company in one of the Arab countries in order to be able to receive their prize
  • Should not have received any previous funding
  • Your Ideas can be in ANY industry

Startup Track:

Eligibility Criteria for the Startups Track

  • At least two members per team
  • At least one Arab national on the team
  • Working prototype, ideally with some user traction and some sales
  • Generates at most $500K in annual revenues
  • 0-5 years in operations
  • Legally registered in one of the Arab countries
  • Your Startup can be in ANY industry

Eligibility Criteria for the Social Entrepreneurship Track

  • At least two members per team
  • At least one Arab national on the team
  • You should have a registered social enterprise, as we are targeting “Startups” stage social enterprises (It can be for-profit or non-for-profit)
  • Your core product/service needs to address a social problem targeting marginalised/disadvantaged population
  • Your Social Enterprise can be in ANY industry

Prizes

  • Startups Track: $50K for the first winner, $15K for the second winner, and $10K for the third winner
  • Ideas Track: $15K for the first winner, $10K for the second winner, and $5K for the third winner
  • Social Entrepreneurship Track: 3 winners winning $10K each

Timeline

  • Deadline for submissions: January 4, 2016
  • Announcement of the 70 semifinalist teams: February 1, 2016
  • Pre-boot Camp in 4 different Arab countries (Egypt,Jordan,Morocco and UAE): Date TBC
  • Lean startup Training: 11-12 April, 2016
  • Round 2 Judging-Speed dating activity-Networking dinner & announcement of the finalists: April 13, 2016
  • Final oral presentations: April 14, 2016
  • Final Awards Ceremony-Announcement of the winners followed by a Gala Dinner: April 14, 2016
  • MIT Technology Review Arab Edition full day conference: April 15, 2016

For More Information:

Visit the Official Webpage of the 9th MIT Enterprise Forum Arab Startup Competition 

1 comment
0 FacebookTwitterPinterestLinkedinWhatsappEmail
Contests

8th MIT Enterprise Forum Arab Startup Competition 2014-2015

by lanredahunsi
written by lanredahunsi
  • Deadline for accepting Applications: January 31st, 2015
  • Workshop and Final Awards Ceremony: April 16th – 21st, 2015

The MIT Enterprise Forum Pan Arab has a proven record in promoting MIT-style entrepreneurship by organizing each year the MIT Enterprise Forum Arab Startup Competition, in partnership with Abdul Latif Jameel Community Initiatives, targeting 21 countries of the Arab Region.

The MIT Enterprise Forum of the Pan Arab Region’s vision is to develop and nurture a culture of entrepreneurship across the Arab region, in view of becoming the most influential entrepreneurial network in the Arab World. This is done through building a platform for networking, knowledge sharing, showcasing, coaching and mentorship for entrepreneur

How to Apply?

In order to compete in the 8th Edition of the MIT Enterprise Forum Arab Startup Competition, applicants must select one track – and only 1 of the 3 available tracks: Ideas , Startups ,  Social Entrepreneurship

Ideas Track

Do you have a new business idea?
Do you want to make it happen?

For entrepreneurs with just ideas looking to take them to the next level

Eligibility Criteria for the Ideas track
  • You can apply as an individual or part of a team provided that at least one member is an Arab national
  • The business idea should be implemented in one of the Arab world countries
  • Your idea can be in any sector (Creative industries, Construction/Engineering/ Education/ Environment/Food and Agro Business/Health and Healthcare/Entertainment/ICT/Services, etc.)
  • No registration; No prototype; No funding; No sales

Startups+ Track

Do you own a startup?
Do you want to take it to the next level?

For startups with a working prototype and who started to generate revenues

Eligibility Criteria for the Startups track
  • At least three team members (at least one of the members should be Arab national)
  • The startup should be registered in one of the Arab world countries
  • Your idea can be in any sector (Creative industries, Construction/Engineering/ Education/ Environment/Food and Agro Business/Health and Healthcare/Entertainment/ICT/Services, etc.)
  • Working prototype, ideally with some user traction and some sales

Global Track

Do you have an established company?
Are you seeking Silicon Valley exposure and International funding?

For established companies seeking Silicon Valley exposure and funding from international VCs.

Eligibility Criteria for the Global track

At least 3 out of the 4 below requirements MUST be met:

  • Legally registered company + 2 years in operations
  • Raised at least one round of funding (through an accredited Angel Investor or a VC firm)
  • Has global reach or presence
  • Generates at least $500K/year in revenues.

Prizes

Startups Track: $50K for the first winner, $15K for the second winner, and $10K for the third winner

Ideas Track: $15K for the first winner, $10K for the second winner, and $5K for the third winner

Social Entreprneurship Track: 3 winners winning $10K each

Best Woman Entrepreneur: A special prize for the “Best Woman Entrepreneur” will be awarded to a woman entrepreneur from one of the Ideas/Startups/Social Entrepreneurship Tracks.

For More Information:

Visit the Official Webpage of the MIT Enterprise Forum Arab Startup Competition 2014-2015

0 comment
0 FacebookTwitterPinterestLinkedinWhatsappEmail
Contests

8th MIT Enterprise Forum Arab Startup Competition 2014-2015

by lanredahunsi
written by lanredahunsi
  • Deadline for accepting Applications: December 31st, 2014
  • Workshop and Final Awards Ceremony: April 18th – 21st, 2015 in Casablanca – Morocco

The MIT Enterprise Forum Arab Startup Competition, in partnership with Abdul Latif Jameel Community Initiatives

The Competition targets 21 countries of the Arab region, brings in more than 5,000 applications a year and engages entrepreneurs in mentorship and networking. So far, the Competition has trained 1,500 entrepreneurs and has create over 250 knowledge based jobs. It receives applications in 4 different tracks: Ideas, Startups, Social Entrepreneurship, and The Silicon Valley Program

 

Ideas Track

For Entrepreneurs with Innovative Ideas

Eligibility Criteria for the Ideas track

  • At least two members per team
  • At least one Arab national on the team
  • No Working Prototype required
  • No Sales
  • No Registration required when applying, but winners are required to incorporate a company in one of the Arab countries in order to be able to receive their prize
  • Should not have received any previous funding
  • Your Ideas can be in ANY industry

Startups Track

For Legally Registered Companies

Eligibility Criteria for the Startups Track

  • At least two members per team
  • At least one Arab national on the team
  • Working prototype, ideally with some user traction and some sales
  • Generates at most $500K in annual revenues
  • 0-5 years in operations
  • Legally registered in one of the Arab countries
  • Your Startup can be in ANY industry

Social Entrepreneurship Track

For Social Entrepreneurs

Eligibility Criteria for the Social Entrepreneurship Track

  • At least two members per team
  • At least one Arab national on the team
  • You should have a registered social enterprise, as we are targeting “Startups” stage social enterprises (It can be for-profit or non-for-profit)
  • Your core product/service needs to address a social problem targeting marginalised/disadvantaged population
  • Your Social Enterprise can be in ANY industr

 

 

How to Apply?

In order to compete in the 8th Edition of the MIT Enterprise Forum Arab Startup Competition, applicants must select one track – and only 1 of the 4 available tracks: Ideas , Startups ,  Social Entrepreneurship , or the Global Track  (Silicon Valley Program).

 

Prizes

Startups Track: $50K for the first winner, $15K for the second winner, and $10K for the third winner

Ideas Track: $15K for the first winner, $10K for the second winner, and $5K for the third winner

Social Entreprneurship Track: 3 winners winning $10K each

Silicon Valley Program: The selected finalist entrepreneurs will benefit from a week-long immersive program (September 2015), where entrepreneurs participated in premier conferences and took part in diverse workshop, mentorship, and pitching sessions with experts, industry leaders, investors, members of the Diaspora community, and other successful entrepreneurs.

Best Woman Entrepreneur: A special prize for the “Best Woman Entrepreneur” will be awarded to a woman entrepreneur from one of the Ideas/Startups/Social Entrepreneurship Tracks.

For More Information:

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

0 comment
0 FacebookTwitterPinterestLinkedinWhatsappEmail
Contests

2013-2014 MIT Enterprise Forum Arab Startup Competition

by lanredahunsi
written by lanredahunsi

Application Deadline: Ongoing
The MIT Enterprise Forum Pan Arab has a proven record in promoting MIT-style entrepreneurship by organizing each year the MIT Enterprise Forum Arab Startup Competition, in partnership with Abdul Latif Jameel Community Initiatives, targeting 21 countries of the Arab Region.

The MIT Enterprise Forum of the Pan Arab Region’s vision is to develop and nurture a culture of entrepreneurship across the Arab region, in view of becoming the most influential entrepreneurial network in the Arab World. This is done through building a platform for networking, knowledge sharing, showcasing, coaching and mentorship for entrepreneur

mit-arab

Ideas Track

Do you have a new business idea?
Do you want to make it happen?

For entrepreneurs with just ideas looking to take them to the next level

Eligibility Criteria for the Ideas track
  • You can apply as an individual or part of a team provided that at least one member is an Arab national
  • The business idea should be implemented in one of the Arab world countries
  • Your idea can be in any sector (Creative industries, Construction/Engineering/ Education/ Environment/Food and Agro Business/Health and Healthcare/Entertainment/ICT/Services, etc.)
  • No registration; No prototype; No funding; No sales

Startups+ Track

Do you own a startup?
Do you want to take it to the next level?

For startups with a working prototype and who started to generate revenues

Eligibility Criteria for the Startups track
  • At least three team members (at least one of the members should be Arab national)
  • The startup should be registered in one of the Arab world countries
  • Your idea can be in any sector (Creative industries, Construction/Engineering/ Education/ Environment/Food and Agro Business/Health and Healthcare/Entertainment/ICT/Services, etc.)
  • Working prototype, ideally with some user traction and some sales

Global Track

Do you have an established company?
Are you seeking Silicon Valley exposure and International funding?

For established companies seeking Silicon Valley exposure and funding from international VCs.

Eligibility Criteria for the Global track

At least 3 out of the 4 below requirements MUST be met:

  • Legally registered company + 2 years in operations
  • Raised at least one round of funding (through an accredited Angel Investor or a VC firm)
  • Has global reach or presence
  • Generates at least $500K/year in revenues.

For More Information:

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

0 comment
0 FacebookTwitterPinterestLinkedinWhatsappEmail