MIT EF Arab Startup Competition
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Website
https://www.mitarabcompetition.com -
Address
Beirut Digital District, 1281, 2nd floor,
Bashoura,
Beirut, Lebanon
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Phone
+961 1 662 706 -
Email
info@mitefarab.org
MIT EF Arab Startup Competition
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.
MIT EF ASC at a glance
| Number of Editions to date | 12 |
| Usual Date of Competition | Septembre |
| Average Number of Applicants | 6 000 |
| Average Number of Startups Accepted | 30 |
| Number of Winners | 9 |
| Goal of Competition | Support Arab startups |
| Eligibility Criteria | Idea, Nationality, Depends on the track selected.
More info here: https://www.mitefarab.org/en/Competition/Details/5D22911E-9213-4A5E-996A-2903B8623081 |
| Application Process | Online Application, Pitch Video (depends on track) |
| Participation Benefits | Expert Feedback, Networking, Financial Rewards, Media Exposure, Workshops |
| Financial Reward |
Multiple prizes depends on the track (ranges between $50k and $5k per winner) |