500 Startups MENA

500 Startups is the most active global venture capital firm of 2019. We’re on a mission to uplift people and economies around the world through entrepreneurship. 500 startups has invested in more than 2400 startups throughout the world. 500 Startups MENA: 500 Startups MENA has invested more than 175 in the Middle East and North Africa since 2012. As one of the oldest funds focused on the region, they review more deals than just about anyone.

500 Startups MENA - 500 Falcons Startup Accelerator in Abu Dhabi

About 500 Startups MENA

500 Startups MENA
500 Startups MENA logo

500 Startups is the most active global venture capital firm of 2019. We’re on a mission to uplift people and economies around the world through entrepreneurship.

500 startups has invested in more than 2400 startups throughout the world.

500 Startups MENA:

500 Startups MENA has invested more than 175 in the Middle East and North Africa since 2012. As one of the oldest funds focused on the region, they review more deals than just about anyone.

500 Startups MENA Accelerator offers:

  • Investment of USD $50,000 for 7% equity
  • No Tuition Fees
  • Pre-Seed and Seed-Stage Tech-Enabled Startups
  • Startups with Some Traction and a Working Product
  • Commitment to Participate for the Duration of the Program

Highlights from Batch 1 January - May 2019

BATCH OVERVIEW

  • Accelerated 19 companies in seed-stage from 6 countries: Saudi Arabia, UAE, Kuwait, Palestine, Egypt, Algeria
  • Sectors:
    • AgTech
    • Developer Tools
    • eCommerce
    • EdTech
    • FinTech
    • HealthTech
    • HRTech
    • Security
    • Transportation
    • Travel/Hospitality
    • Social ​

RESULTS

  • Over $5.5M US raised following the program
  • 50 new jobs created
  • Monthly Recurring Revenue grew between 80-400%
  • Demo Day brought in 300+ attendees

Highlights from Batch 2 September - December 2019

BATCH OVERVIEW​

  • 18 companies from 5 countries: Saudi Arabia, UAE, Bahrain, Jordan, Egypt ​
  • Sectors:
    • Retail / eCommerce
    • ERP
    • Adtech / Martech
    • Consumer eCom
    • Real Estate / Transportation
    • Food
    • Fashion
    • Procurement
    • Ridesharing / Vehicle Rental
    • Professional Services
    • Construction
    • Recruiting
    • Payments
    • Education
    • Beauty

500 Startups MENA Accelerator FAQ

Q. Why Misk500 Accelerator?

A. 500 has deep roots in the MENA region with the 500 Falcons Fund and is excited to support pre-seed and seed-stage companies in a more significant way through the programming; driving additional innovation and entrepreneurship to the region. Please note that participants in the program will receive mentoring, growth hacking learnings, and access to 500 Startups’ extensive ecosystem, as well as consideration to receive an investment by 500 Startups and Misk Innovation and their affiliates. ​

Q. What is the background of the program?

A. The 14-week program is based on 500 Startups’ leading flagship accelerator program based in San Francisco and tailored for startups from the MENA region. 500 Startups’ global team of mentors work directly with participating startups to help them build a strong foundation and provide them with all the tools to build a successful tech-enabled company. ​

Q. Are there any fees for this program?

A. No, there are no fees for participating in the program. ​

Q. What level of English is required for attendees?

A. This program is provided in English, however, some content may be available in Arabic during or after the program. Participating startups will need to have a strong verbal and written understanding of the English language. ​

Q. Who are the mentors?

A. The mentors are drawn from 500’s global team and network of entrepreneurs. Speakers are still being added, so the full list is not yet available. ​

Q. How long does the program last?

A. The program will last 14 weeks, with 2 break weeks (‘Sprint Weeks’). Participants are required to be on-site during the duration of the 12 active weeks of the program.

Apply to 500 Startups MENA Accelerator

Read the Frequently Asked Questions about 500 Startups MENA

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500 Startups MENA - 500 Falcons Startup Accelerator in Abu Dhabi

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