A team of UAE entrepreneurs has launched free incubator StartUpSchool.me to support the local start up ecosystem and make it easier for people to tap into expertise, capital and mentorship to launch their own ventures.
The platform operates a three-step model of selection, incubation and exposure.
Start-ups can submit their business ideas for screening and participate in a 2-day hackathon to receive on-site coaching pending a final presentation, following which three winning ideas are chosen to enter the incubation phase which is expected to last between 3-6 months.
During the incubation phase, mentors will help participants refine their strategy, develop their concept to execution and deliver workspaces and legal framework for which to operate.
The exposure phase will then create brand awareness across social and media channels, and conduct outreach towards investors, partners and suppliers.
StartUpSchool.me will not charge for its services directly or by way of equity.
The team of UAE entrepreneur mentors includes: fashion designer and entrepreneur Sara Al-Madani; co-founder and CEO of SellAnyHome.com Omar Chihane, founder and CEO of Paz Marketing Zeina Akkawi, founder of MENA Speakers Saana Azzam; co-founder and CFO of Binghatti Holdings Ahmed Binghatti and author Omar Al Busaidi.
It will formally launch its first pitching round on June 21 and 22 at the Youth Hub in Emirates Towers Hotel Boulevard.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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