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Wamda X Grant Program 2019 for Founders in the Middle East

Wamda X Grant Program 2019 for Founders in the Middle East

Wamda X Grant Program 2019 for Founders in the Middle East is open for application. Wamda X is a grant-based program for founders with the intention to safe-route the usually financially grueling and solitary path to entrepreneurship. They have designed surroundings to assist founders to construct their startups via a Four-month relationship-focused program.

The aim is to co-found companies with Fellows by offering them with grants and opening up the Wamda community of mentors to assist ease the means of beginning and scaling an enterprise. Wamda X will likely be the preliminary financiers for founders and provides entry to Wamda Capital, which might proceed financing these companies as they develop.

Selection Criteria

Fellows are chosen

  • Based on their capability to assume critically about an issue and resolve it in a wise method
  • Their capability to work below stress
  • Their ability to work with their friends, and
  • How pushed they’re to unravel a market failure.

 

Table of Contents

  • Country: UAE
  • Financial coverage: Fully Funded
  • Deadline: January 20, 2019
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    Eligibility Criteria :

    Open to companies at their earliest levels. Be it a thought or an income producing startup; they need to be part of it.

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    Benefits :

    • $16ok grant: Converts into 5% provided that an enterprise is shaped
    • Four-month program: 2-month emphasis on constructing early workforce whereas in Dubai, and a pair of months on solidifying thought
    • $100ok follow-on: Wamda reserves the proper to speculate $100ok for 10% submit the programme
    • Dubai-based: Dubai-based for the first half of programme, location flexibility in the second half
    • Relationship-focused: Fellows will likely be paired with mentors and a “Buddy” from the Wamda Capital workforce
    • Monthly renewable program: Wamda or the Fellow could finish the participation at any level, with no strings connected.

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    Application Process:

    To apply click on the link below.

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