Today.. “Misk of Initiatives” launches a speeding business in partnership with “seedstars & Vision Ventures” for Youth’s good
Ashraf Abo Arafe
The center of initiatives at the Mohammed bin Salman bin Abdul Aziz Foundation (MESC) opens today the door to small startups in the Middle East and Africa to register for the Business Acceleration Project in partnership with “Seedstars” and Vision Ventures to support and empower young people and open up wider horizons for their business.
- Promising projects!
The accelerated program includes a three-month intensive global training program that ends with the opportunity to support a number of small enterprises and promising projects and to be funded by Vision Ventures to invest in venture capital.
- Friday 5th/21st July 2019!
The Center of Initiatives, represented by the Entrepreneurship Initiative, wants small businesses in the Middle East and Africa to register during the period from Friday 5 July 2019 until Sunday 21st July 2019. The facilities will meet the requirements of the developed company Stage of growth, and have a working team, and a product on the local market, and the investment between SR 1 million to SR 4 million, and its revenues should not be less than 40,000 riyals per month.
*.. For start-ups’ good!
While qualified participants will receive guidance support in various areas such as experience management, leadership and access strategies, Accelerating Growth Business at the Initiatives Center aims to contribute to the growth of entrepreneurship in the Kingdom, the development of the incubating environment and the growth of companies as well as increasing the proportion of start-ups in the local market and diversifying sources of income.
- Financing of US $ 100,000 (SR 375,000)!
The program, which will open for two weeks from Friday, will attract investment from outside companies from the Middle East and North Africa (MENA) region and set more options for leading local investment firms to support technology-leading enterprises in which they see business development.
- Financing of US $ 100,000 (SR 375,000
The projects to be acquired by the large companies at the end of the project are expected to have an investment financing of US $ 100,000 (SR 375,000). The founders of the small enterprises will be given a practical program to develop their entrepreneurial capabilities in Riyadh, The Internet (Online Remote), provided by experts from international companies.
- .. A gateway to invest in the Kingdom!
The project is a unique opportunity to support and train entrepreneurs and to support young people looking to be more active in the local market and to increase the growth of their projects, thus creating the greatest opportunities for success, which is reflected in the indicators of growth of the Saudi market Which may be a gateway for foreign companies to invest in the Kingdom.
- MESK for both sexes’ welfare!
MESC’s Entrepreneurship Center aims to contribute to the entrepreneurial initiatives of young entrepreneurs by making the Kingdom a global center for targeted innovation by implementing world-class programs and practices based on the needs and opportunities of the Kingdom. Misk Foundation is committed to empowering young people of both sexes, developing individuals’ abilities and creating the right environment to unleash their potential.
