Hyundai Com­pe­ti­tion Tar­gets Le­banese In­no­va­tive Star­tups

Arabnet - The Quarterly - - Industry Stories -

For the first time in Le­banon, Hyundai has launched the Startup Com­pe­ti­tion, or­ga­nized in col­lab­o­ra­tion with Arab­net. Ap­ply­ing star­tups should be based in Le­banon and have a min­i­mum vi­able prod­uct or work­ing pro­to­type. The dead­line for ap­pli­ca­tion is Septem­ber 28. 20 fi­nal­ists will be se­lected to at­tend 6 work­shops in Oc­to­ber-novem­ber 2015, in­clud­ing one-on-one con­sul­ta­tions, monetization, com­mu­ni­ca­tion, ac­count­ing and fi­nance, and in­vest­ment. The fi­nal pitches will take place on Novem­ber 12, 2015, at the Hyundai main show­room. The top 3 star­tups will be se­lected by a jury of 12 ex­perts in­clud­ing vet­eran en­trepreneurs (Ang­hami, Wamda), as well as rep­re­sen­ta­tives of lo­cal ac­cel­er­a­tors and in­cu­ba­tors (UK Le­banon Tech Hub, Altcity, Flat6labs), VC firms (MEVP), and other or­ga­ni­za­tions sup­port­ing the startup com­mu­nity like Kafalat. These star­tups will win cash en­dorse­ments from Hyundai worth $15,000, $10,000, and $5,000 re­spec­tively.

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