Applications are already open for the Misk Growth Accelerator 2019 in, Saudi Arabia. The Misk Growth Accelerator is a three-month, post-acceleration program for MENA startups with product market fit that are seeking for a scalable growth model. With three on-site boot camps and a demo-day in Riyadh, the hybrid (virtual/on-site) program permits startups to stay close to their customers all the time, while benefiting from constant coaching from in-house growth and external growth experts.

Moreover, Companies get a $100,000 total investment from two renowned investors, Seedstars and Vision Ventures, and a chance to get follow-on of up to $1 million. Misk Innovation aspires to transform Saudi Arabia to become a global center for purpose-driven innovations. Applying world-class practices to the unique requirements and opportunities available in the Kingdom, Misk Innovation will inspire the innovator in everyone in order to elevate KSA to the forefront of global innovation, and develop individuals’ potential to help them become innovators, create solutions to existing challenges, and create innovative ventures of global reach and standing.

Furthermore, Misk Innovation will make innovation empower people, generate lasting and sustainable impact and sustain the well-being of Saudis.draw in global tech talent to support an intensive programme to build the next generation of design thinkers, digital makers, job creators and technology exporters. Likewise,  It aims to modernize mind-sets, transforming individuals from job seekers to job creators, and technology consumers to technology producers. In doing so, it will support both the targets and ambitions of Misk Foundation, Saudi Arabia’s Vision 2030 reform programme and the UN’s Sustainable Development Goals, while creating a new model for others to follow.

Benefits

• $100,000 investment by Seedstars and Vision Ventures
• No program fees
• Further, A personal growth mentor for the 3 months
• Three boot camps in Riyadh (expenses paid)
• Access to a global network of mentors, experts, and corporates
• Further, Investor forum and demo day in Riyadh
• Access to thousands of USD worth of Tech Perks (AWS, Xero, HubSpot, etc.)
• Opportunity to get follow-on investment from Seedstars and/or Vision Ventures

Eligibilities

To be eligible, startups must meet the following criteria:

• Tech startups from any sector in the MENA Region
• Raised funds between $250,000 and $1,000,000
• Have over $10,000 in monthly recurring revenue
• Have a product/market fit