StartMashreq Incubation Track is now calling for applications!
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STARTMASHREQ
Who can apply?
Rule 1 - Team Background
- The team is composed of at least two members.
- Team members have the necessary skills and experience in the field of their idea.
Rule 2 - Potential and Level of Revenue Generation
- The project must have a sound revenue model that sustains the startup’s operations and ensures its sustainability.
- The revenue model has to be relevant to the targeted market.
Rule 3 - Focus Sector
- Candidate startups must be in one of the six areas of focus that follow:
- FinTech & Financial Inclusion
- Education Tools & Platforms
- Healthcare Technology
- Sustainable Technologies Agribusinesses & Environment
- ICT and Technology
- The solution responding to the problem extends clear social accountability and sustainability.
Rule 4 - Clear, non-generic problem
The problem description in the application clearly states a specific perspective or need in your current community, in addition to user base and preferably geography of the problem to solve.
Example:
Generic statement: ‘the education problem in Jordan'
Specific statement: ‘the education of children with reading difficulties in public Jordanian schools.’
Rule 5 - Clear, Non-Generic Solution
The solution described in the application clearly states a specific developed platform, technology and/or process to respond to the problem.
Example: Generic statement ‘Mobile app and Website’ Specific statement ‘It is a mobile app that includes key training for the parents to perform with their kids. The app is to be customized to have guidance relative to various levels of reading difficulty.’
Rule 6 - Innovation
Clear innovation in at least one key area of business model: value, revenue, operating model.
STARTMASHREQ
APPLICATION PROCESSES FOR START MASHREQ TRACKS
Application
Fill the application before 6 January 2023!
1st interview
Call interview- You will be contacted by our team to have an initial interview.
2nd interview
Founders Interview- After the initial interview, we will contact you to have a secondary interview with the founders
Result
Final result will be communicated to you in writing or with a phone call.
Selection Bootcamp
This is a bootcamp event for the shortlisted startups from the applications and interviews, and this is considered the last filtration step.
Incubation cycle
The core of the program, and this usually takes 3 months.
Demo Day
This is the final graduation day and marks the end of the cycle.