Press Release
Falak Investment Hub launched the Flagship Acceleration Program in 2019 and invested more than 8 million SAR in 15 tech startups in MENA, created more than +350 jobs, and achieved more than 70% follow-on investments.
This year, Falak is investing 250K SR up to 1.5M SR per startup within the 14 weeks of the intense acceleration program targeting growth and sustainability with a significant chance for follow-on investments after graduation.
Falak’s team offers in-depth engagement with their one-on-one sessions, customized services for every startup as per their North Star Metric, and, most importantly, training and development for startup teams.
FLAGSHIP METRICS
Structure of the Program
- Management & Strategy
- Marketing & Growth Hacking
- Operational & Customer Service Excellence
- HoldCo Structure & Setup
- Technical Advisory & Services
- Finance, Fundraising, & Accounting
- Investor Readiness
Startups join our program for a direct investment and for our core services to increase their likelihood of success and reduce costs along the way through our strategic partnerships and angel mentors program.
APPLY FOR THE THIRD COHORT
The deadline for submitting applications is May 31st, 2021. Upon meeting Falak’s initial criteria, the shortlisted applicants will be contacted within a week of the application date to go through Falak’s investment committee process. The final decisions will be announced on June 15th. The official program will start on July 18th.
Ready to make history with Falak? Apply now and increase your chances to become the next unicorn startup in MENA.
