Jusoor’s Entrepreneurship Competition Targets Syrian Startups
Attention startups, registration is now open for the second edition of Jusoor’s Entrepreneurship Competition.
The competition is organized in partnership with Boeing, MIT PanArab Enterprise Forum, Startup Next, and the Istanbul-based Bilgi Sosyal Kuluçka Merkezi university incubator center.
You could be one of the 4 lucky startups and entrepreneurs from Syria who would benefit from a financial and in-kind boost to your business.
Who Can Apply?
The Jusoor Entrepreneurship Competition is open to entrepreneurs and seed-stage startups with one or more members from Syria.
The competition is open to projects in any field with a focus on social and economic development ideas that provide a solution to a problem.
It includes 2 tracks: The “Startup Track” (entrepreneurs and startups in the for-profit sector), and the “Social Track” (non-profit sector). Projects submitted in the “Startup Track” should show potential growth that is measurable and able to scale, and teams should also able to offer a clear model of revenues and profits. In the “Social Track”, teams should be able to show clear sustainable impact resulting from their venture.
The deadline for application is February 1, 2016
What’s in It for You?
20 shortlisted applicants will get the chance to enroll in the 2-week “Jusoor Entrepreneurship Bootcamp” in Istanbul during February 2016, with industry experts from across the MENA.
At the end of the bootcamp, the participants will present their projects in front of a panel of judges who will select 4 final winners (2 “Startup Track” winners, and 2 “Social Track” winners).
To help them launch or develop their startup, the first prize winners in each track will receive $15,000 each, and the second prize winners will receive $5,000 each. In addition, the winner of the People’s Choice award will receive a $3,000 prize.
The winning teams will also qualify for the training phase of the MIT Enterprise Forum Arab Startup Competition.
For more details, visit the competition’s website on this link:
Who Were Last Year’s Winners?
The first Entrepreneurship Competition was launched in December of 2014, as part of Jusoor’s program to help Syrian youth develop their skills and realize their potential.
Last year’s first place winner was Afkar Plus (from Hama, Syria), an incubator that supports small businesses and entrepreneurs with planning, research, training, marketing, and finance.