Updated Sep 29, 2019CLOSED

MIT Enterprise Forum Arab Startup Competition 2020

Offered by MIT (Massachusetts Institute of Technology)

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.
Learn More
GrantType
CLOSEDDec 10, 2019Deadline
$5,000 - $50,000Amount
UnavailableDuration(Months)

Mandatory Requirements

StageStage 3: Proof of Concept
Implemented in:
RegionMiddle East and North Africa
CountryN/A
Focus AreasTechnology
Digital Development
Entrepreneurship (Economic Growth and Trade)
Ideas Track:
At least 2 members
Proof of concept & prototype
Validated business model & clear plan to grow
Has a mentor/industry expert
Should be in Tech or Digital industry

Startups Track:
At least 2 members
Working product/service, traction and sales
Generation revenues
Have not raised funding above $1,500,000 USD
Legally registered/operating in an Arab country
Should be in Tech or Digital industry

Social Entrepreneurship Track:
At least 2 members
Working product/service, traction and sales
Generation revenues
Have not raised funding above $1,500,000 USD
Legally registered/operating in an Arab country
Should be in Tech or Digital industry
Addressing a social change

Application Directions

Apply online through funding site.
Learn More