As a late-seed stage initiative, the program’s second batch will see 10 companies from the Middle East aiming to raise capital in a Series A round as they prepare for the next phases of growth. The first batch of MENA Dojo included 9 startups from the region that were provided with all the necessary support to get into the “beast mode”.
In order to qualify for the six-week long program, startups must be post-seed. In addition to having a proven product-market fit with significant revenues.
MENA Dojo is optimized to help startup founders through providing them with high-intensity growth and distribution training.
Each company to qualify the program will be required to pay a tuition fee of $15,000. But they will also receive an investment worth $150,000 for 5% equity. Worth noting that in 2017, 500 Startups announced the launch of 500 Falcons, a $15 million fund with the vision of investing in early-stage startups based out of MENA.
If you wish to be a part of the MENA Dojo second batch, send your application via MAGNiTT by March 1, 2018.