Registration is currently on for Batch 2 of the global venture capital seed fund and US-based accelerator 500 Startups ‘MENA Dojo’ (Middle East and North Africa (MENA) based startups) Series A Program.
The programme is a late-seed stage program for companies gearing up for Series A fundraising.
In 2016, the Qatar Foundation for Education, Science and Community Development (QF), a Doha-based private, chartered, nonprofit organisation signed a memorandum of understanding (MoU) with 500 Startups that will see the two organisations provide seed funding, training and mentorship to start-ups across the MENA region over the next five years.
As part of requirements it is expected that qualifying companies be post-seed, have achieved a strong product-market fit that is demonstrable by significant recurring revenues wherein the founders and teams can benefit from high intensity growth and distribution training in real-time.
The curriculum for the programme will be run by 500 Startups partners and mentors, arranged in 2 modules across a 6 week period with 2 weeks on, 2 weeks off, and 2 weeks on culminating in Investor Day on May 10th.
Interestingly, participating companies will receive a $150,000 investment for 5% equity and be required to pay a $15,000 tuition fee for the program.
The Batch 2 begins in March; however, the location is yet to be announced.
The application period begins January 1st, 2018 and runs through March 1st, 2018. Approximately 10 companies will be selected to participate in the batch.
Interested candidates can register here