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.
About MIT Enterprise Forum (MITEF)
MIT Enterprise Forum (MITEF) Pan Arab is part of a global network of chapters dedicated to the promotion of entrepreneurship and innovation worldwide. We inform, connect, and coach early-stage technology entrepreneurs—enabling them to rapidly transform ideas into world-changing companies. Founded in 2005 with the goal of promoting and enriching the entrepreneurship ecosystem in the Arab World,we aim to celebrate and support all potential startups and entrepreneurs in the Pan Arab Region through our programs.... read more... continue reading
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MITEF Arab Startup Competition
Aim and Benefits of MITEF Arab Startup Competition
- 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.
Requirements for MITEF Arab Startup Competition Qualification
- 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.
Interview date, Process and Venue for MITEF Arab Startup Competition
Timeline
- Sept 29, 2020 Applications open for submissions
- Dec 15, 2020 Deadline for submissions
- Jan 14, 2021 Semifinalists announcement
- Jan – Feb 2021 Semifinalists Bootcamp
- Mar 2021 Virtual conference and awards ceremony
Application Deadline
December 15, 2020
How to Apply
Interested and qualified? Go to
MIT Enterprise Forum (MITEF) on mitarabcompetition.com to apply
- Create an account or log in if you already have one
- Select the language in which you wish to apply with
- Select the track
- Fill out the application form
- Submit the application before the deadline
Note that you may save your application answers without submitting.
For more details, visit MITEF website
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