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Cheque Size$500K to $5M
Stages3
Industries20
Markets20
Stated Portfolio20
Operating Since2018 (8y)

About Misk 500

Misk 500 is a Saudi accelerator program established to support early-stage startups in the Middle East and North Africa (MENA) region. The program offers mentorship, training, and potential follow-on investments to help entrepreneurs build successful technology-driven companies. It is a collaboration between Misk Innovation, an initiative of the Misk Foundation, and 500 Startups, a global venture capital firm. The accelerator focuses on startups in various sectors, including B2B, B2C, E-commerce, FinTech, EdTech, HealthTech, IoT, Robotics, Artificial Intelligence, SaaS, and Messaging Services. Each batch selects 15-20 startups, providing them with a four-month program that includes growth hacking, data-driven sales techniques, and tailored advice. Participants also receive $50,000 from 500 Falcons, 500 Startups' MENA-dedicated fund. Since its inception, Misk 500 has graduated numerous startups, many of which have secured subsequent investments and achieved significant growth. The program's success is attributed to its comprehensive support system, extensive network, and commitment to fostering innovation and entrepreneurship in the MENA region.

Geographical Focus

Other stated markets12

United Arab EmiratesSaudi ArabiaQatarKuwaitOmanLebanonBahrainJordanIraqPalestineYemenSyria

Requirements

Full-time founders, Technology-driven solutions, Scalable business models, Strong market potential, Commitment to growth and innovation

Stated Portfolio20

Nana
HALA
Sary
Fetchr
Jamalon
Snoonu
Foodics
Mumzworld
Zid
JumiaCorporate
Souq.com
Carriage
Namshi
Yallacompare
CureMD
YAP
Fatura
Jabbar
Tamatim
Wadi Makkah

As reported by the investor. 1 of 20 names match a profile on this platform and links through. The rest are printed as stated.

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Profile

TypeVenture Capital
Founded2018
Minimum Cheque$500K
Maximum Cheque$5M