MIT EF Arab Startup Competition

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:

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)