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Misk Growth Accelerator 2019 in Saudi Arabia (Get a $100,000 Investment)

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DEADLINE: July 21, 2019

September 8 – December 3, 2019 Fully Funded   |   Riyadh, Saudi Arabia

Applications are already open for the Misk Growth Accelerator 2019 in Riyadh, Saudi Arabia.

The Misk Growth Accelerator is a three-month, post-acceleration program for MENA startups with product market fit that are seeking for a scalable growth model. With a three on-site bootcamps and a demo-day in Riyadh, the hybrid (virtual/on-site) program permits startups to stay close to their customers all the time, while benefiting from constant coaching from in-house growth and external growth experts.

Companies get a $100,000 total investment from two renowned investors, Seedstars and Vision Ventures, and a chance to get follow-on of up to $1 million.

Misk Innovation aspires to transform Saudi Arabia to become a global center for purpose-driven innovations. Applying world-class practices to the unique requirements and opportunities available in the Kingdom, Misk Innovation will inspire the innovator in everyone in order to elevate KSA to the forefront of global innovation, and develop individuals’ potential to help them become innovators, create solutions to existing challenges, and create innovative ventures of global reach and standing.

 

 

Innovation aspires to transform Saudi Arabia to become a global centre for purpose-driven innovation. Applying world class practices to the unique requirements and opportunities available in the Kingdom, Misk Innovation will inspire the innovator in everyone in order to elevate KSA to the forefront of global innovation, and develop individuals’ potential to help them become innovators, create solutions to existing challenges, and create innovative ventures of global reach and standing.

Misk Innovation will make innovation empower people, generate lasting and sustainable impact and sustain the well-being of Saudis.draw in global tech talent to support an intensive programme to build the next generation of design thinkers, digital makers, job creators and technology exporters. It aims to modernize mind-sets, transforming individuals from job seekers to job creators, and technology consumers to technology producers. In doing so, it will support both the targets and ambitions of Misk Foundation, Saudi Arabia’s Vision 2030 reform programme and the UN’s Sustainable Development Goals, while creating a new model for others to follow.

Location:

Saudi Arabia

 Benefits

  • $100,000 investment by Seedstars and Vision Ventures
  • No program fees
  • A personal growth mentor for the 3 months
  • Three bootcamps in Riyadh (expenses paid)
  • Access to a global network of mentors, experts and corporates
  • Investor forum and demo day in Riyadh
  • Access to thousands of USD worth of Tech Perks (AWS, Xero, HubSpot, etc.)
  • Opportunity to get follow-on investment from Seedstars and/or Vision Ventures

 Eligibilities

To be eligible, startups must meet the following criteria:

  • Tech startups from any sector in the MENA Region
  • Raised funds between $250,000 and $1,000,000
  • Have over $10,000 in monthly recurring revenue
  • Have product/market fit

Eligible Regions: Algeria, Bahrain, Djibouti, Egypt, Ethiopia, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Malta, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, Palestine, Sudan, Yemen.

 

 

 APPLICATION PROCESS

Apply online through the given link.

Application Deadline: July 21, 2019

APPLY NOW

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