Apply to Flat6Labs

Location Upcoming Cycle Final Deadline Start Date End Date
Cairo Cairo – Cycle 10 Nov 15, 2017 Jan 01, 2018 Apr 15, 2018 Apply Now
Jeddah Jeddah – Cycle 9 Aug 15, 2017 Oct 15, 2017 Jan 31, 2018 Apply Now
Abu Dhabi AD – Cycle 4 Oct 15, 2017 Jan 01, 2018 Mar 31, 2018 Apply Now
Beirut Cycle 2 – Beirut Jan 15, 2018 Mar 01, 2018 Jul 31, 2018 Apply Now
Tunis Tunis – Cycle 2 Jan 15, 2018 May 15, 2018

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Funding


For each startup we select, we invest $10-15K in seed funding in exchange for minor equity in the company.  This seed funding is to help startups cover their early expenses during the program and to help attempt define their product, develop their core application, and commercialize their enterprise.  Our seed funding serves as a critical catalyst to specific milestone achievement, whether it is follow-on funding, first customers, or another significant breakthrough in the company’s growth.

  • Seed funding

    Seed funding

    Seed funding helps accelerate the growth of new companies being established and positions them further investment from angel investors and venture capitalists. We provide our companies with the following seed funding:
    Flat6Labs Cairo: EGP 70-100K (USD 10-15K) In exchange for 10-15% stake of equity.
    Flat6Labs Jeddah: SAR 50-80K (USD 15-20K) In exchange for 15-20% stake of equity.


  • Follow-on Funding

    Follow-on Funding

    Flat6Labs acts as a due diligence for investors, and thus investors are more likely to invest in our entrepreneurs and give them favorable terms once they are selected and go through our program.  At the end of the 3-4 months period, Flat6Labs holds a Demo Day event, where our startups are given the opportunity to showcase their products to potential investors and the media. If any of the startups have been successful in their bid to establish a fully furnished enterprise with promising market potential, it will graduate from Flat6Labs and receive additional funding to establish its enterprise.