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Financial Health Competition [Call for applications]

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Village Capital and MetLife Foundation are seeking applications for a Financial Health Competition for early-stage entrepreneurs in the Middle East and Egypt.

The competition will conclude in a one-day financial health forum in Dubai where startups will be eligible for grants totaling USD $50,000.

The forum will be held on December 19. Ten startups will be selected to participate and compete for three grant prizes totaling USD $50,000 ($25,000, $15,000, and $10,000, respectively)

Financial health refers to a household’s ability to manage day-to-day cash flow, build resiliency against economic shocks, and take advantage of opportunities.

Up to 10 enterprises will be chosen to attend the Financial Health Forum on December 19, 2017 in Dubai, UAE. Enterprises will participate in a day of business development/investment readiness training with industry experts and investors.

Eligibility criteria:

  • Startup must be based in the Middle East or Egypt

  • Aims to improve financial health for low-to-moderate income families and promote economic empowerment

  • Increases the relevance and affordability of savings, credit, payments, and insurance

  • Lowers the barriers for SMEs in supporting their employees and growing their businesses

  • Improves efficiency in supply chains and distribution channels across sectors through increased price transparency and access to other decision-driving market information.

The forum is part of the Metlife Foundation Financial Health Series, a two-year initiative to build startup ecosystems around financial health in Europe and the UAE.

Applications deadline is on November 3. Apply today.

For more information, please email Dahlia Joseph at dahlia.joseph@vilcap.com

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