Applications for the MIT Enterprise Forum Arab Startup Competition 2020 are now open. The 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.
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The MIT Enterprise Forum Arab Startup Competition has evolved into an annual occurrence that is awaited by thousands of young Arab entrepreneurs, who see it as a platform that allows them to showcase, test and develop their creative and innovative ideas. Each year, the competition incorporates three tracks: The Ideas track, the Startups track and the Social Entrepreneurship track.
Prizes
The winning teams are awarded $160,000 USD in equity free fund
They also benefit from a range of other activities including top tier trainings, mentorship, coaching, media exposure and great networking opportunities.
Eligibility
- Ideas Track
- At least two members
- Proof of concept & prototype
- Validated business model & clear plan to grow
- Has a mentor/industry Expert
- Should be in Tech or Digital industry
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Startups Track
Startups Track
- At least two members
- Working product/service, traction and sales
- Generating 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 two members
- Working product/service, traction and sales
- Generating 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 challenge
NEW JOBS OPPORTUNITIES 2019 (2,770+ POSTS)
Application
For more information, visit Arab Startup Competition.
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