Speed@BDD has officially launched the applications to recruit startups for their upcoming acceleration cycle.
The program accepts startup teams consisting of at least 2 cofounders at the Idea or Minimum Viable Product (MVP) stages. This cycle is aimed towards ideas focusing on a solution or product in the software, digital, and web/mobile industries.
Founders should be based in Lebanon for the 3-month acceleration program. The program injects $30,000 in cash and provides daily coaching and one-on-one mentorship.
It concludes with a Demo Day, an event during which graduating startups pitch their businesses to a carefully selected crowd of investors and stakeholders in the local and regional startup scene.
The top 2 startups of each batch get sponsored for a potential Silicon Valley follow-on immersion and 1 startup is awarded the Seed Boost, a $50,000 cash investment for 5% equity following the acceleration.
There will be two infosessions about the acceleration program, held before the deadline::
19 July, from 6 to 7 PM. Startups can sign up here
31 July, from 6 to 7 PM. Startups can sign up here
The sessions will cover information about the acceleration program, Speed@BDD’s perks, and the benefits of joining a startup accelerator. Program alumni will provide their testimonial and will end with a Q&A session.
For more information about the acceleration program, please contact Speed@BDD on firstname.lastname@example.org.
Deadline to apply August 7.