StartUp

The programme encompasses a series of initiates supporting foreign businesses in scaling up their activities in the UAE and larger region.

StartUp Leap is a pioneer competition that is held under the umbrella of the Entrepreneurial Nation, an initiative by the United Arab Emirates Ministry of Economy, in partnership with MIT Enterprise Forum Pan Arab.

The competition offers shortlisted global & regional startups the chance to relocate, expand, and benefit from world class training and mentorship, to shine in one of the world's most innovative countries, the United Arab Emirates; yielding winners with extra benefits and prizes.

Eligibility Criteria:

  • Be a legally registered entity

  • Startup already profitable

  • Management or founding team of at least two members

  • Preferably secured previous funding

  • Co-founders willing to relocate or expand offices to UAE

  • Operating for at least two years with a working product or service

Incentive package for shortlisted companies:

  • Residency (up to 3 founders)

  • Office space

  • Top tier training and Mentorship

  • Media coverage and brand exposure

  • Business development support

Additional incentives for winning companies:

  • Lower rate / higher limit loan financing (if applicable and subject to terms and conditions)

  • Fee waivers for all employees visa costs

  • Fee waivers for all related fees

For your inquiries, please visit our FAQ section

*Terms & conditions

Applications are now closed.

The Entrepreneurial Nation is proud to announce a partnership with Flat6Labs for two golden tickets to a 4-day Bootcamp and an opportunity to pitch for seed funding up to USD 250,000 (AED 918,000) along with a 4-month Funding programme.

Flat6Labs Ignite

Flat6Labs is the MENA region’s leading seed and early stage venture capital firm. Ignite programme is a seed and early stage funding opportunity for startups that is managed in a partnership with ADQ, one of MENA's largest holding companies.

It aims at providing founders with interactive materials focused on the business side of starting a company.

The Bootcamp is designed according to the Lean Startup approach, each day covers a certain theme to get the teams of 20 selected companies up-to-speed and make sure they know the basics of the business by the time they are to present in front of the selection committee the following week.

10 companies that will be selected for equity funding will participate in a 4-month Funding programme conducted online and in person in Abu Dhabi (total of approx 6-8 weeks).

Selected Bootcamp participants will receive:

  • 4-day Bootcamp in Abu Dhabi, United Arab Emirates for 1-2 team members maximum

  • Strategic training and coaching

  • Interaction with startups, industry professionals, academic partners and Flat6Labs team

  • Potential to pitch for equity funding of US$100,000 to US$250,000 (AED 367,000 - AED 918,000)

  • Bootcamp travel and accommodation arrangements and expenses covered

  • Business setup support provided by the Ministry of Economy

Program duration: 4 days

Eligibility criteria:

  • legally registered private company

  • minimum existing MVP with promising results from initial and existing pilots, preferably revenue generating

  • commitment to set up business in the UAE

  • companies that receive funding will be required to relocate HQ to the UAE

  • demonstrate a clear need for investments and use of funds

  • investment in IP is in residing entities, not a branch/subsidiary

  • agreement on investment terms

  • one or more founders must be present in the program (unless the program is run virtually)

  • founders need to be fluent in English

Application Deadline: October 10th, 2022

Register

Application Milestones

Dates

Step

October 10th, 2022

Application deadline

October 17th, 2022

Pitchathon Event (online)

October 19th, 2022

Announcement of Two Golden Tickets

November 4th, 2022

Bootcamp (4 Days)

December 5th, 2022

Funding Programme (4 months, hybrid, selected funded companies)

April 5th, 2023

End of Program Funding Programme

Ignite Bootcamp Agenda

Dates

Modules 

Time commitment

Day 1

Introduction and Venture Ready Scoring

Story Telling

Market Sizing

Research & Competitive Analysis 

Customer Development Data

9.30am to 6.00pm

Day 2 

Marketing, Sales & Revenue Models

Pricing and Metrics that Matter 

Go-to-Market

Traction and Product Market Fit

Pitch Reviews 

9.30am to 6.00pm

Day 3

Fundraising Fundamentals 

Product and Company Roadmap

When, Why and How to Pivot

Pitch Reviews 

9.30am to 6.00pm

Day 4

UAE stakeholder presentations 

Legal Sessions 

Pitch Reviews 

9.30am to 6.00pm

Day 5

Selection Committee (if selected to present)

9.30am to 6.00pm