ACCELERATING THE FUTURE
5 Cities, 5 Bootcamps, 75+ Startups, 100+ Saudi Entrepreneurs Empowered by Flat6Labs
The Misk Innovation Startup Bootcamps powered by Flat6Labs program, was held late 2019 in five different cities across the kingdom to see that those with vision, ambition, and insight, get the best the MENA has to offer of mentorship, funds, and exposure to a local, regional, and international network of investors. After rounds of filtration from 900+ applications, the bootcamps held in Riyadh, Jeddah, Al Madinah, Khobar, and Al Qassim, saw over 90+ idea-stage startups; around 100+ entrepreneurs; and tens of mentors flocking the bootcamps.
The bootcamps hosted a number of sessions designed to introduce the participating startups on how to take their startups to the next level. Starting from design thinking, which helped startups formulate methods through which they can tackle complex problems; and moving on to customer acquisition, an essential ingredient of any successful startup. The mentors and coaches also provided sessions on how to create business and financial models, with the aim of setting clear revenue streams and aiding startups in the management of their resources. The sessions also contributed to the startups ability to define and accentuate the value they will be giving to their customers through value proposition sessions, and how to use growth-hacking to accelerate their penetration of the market and the realisation of the product/market-fit.
Knowing that well-rounded team is what drives the success of any startup, the program also hosted sessions on the best methods to allocate human resources that could drive the business forward. The program also brought legal experts who provided sessions on how to setup the startup in Saudi. Finally, and most importantly, through workshops designed to attract customers and investors, startups’ founders were trained to deliver amazing pitches.
The whole purpose of the Misk Innovation Startup Bootcamps powered by Flat6Labs is to enable aspiring entrepreneurs to create and innovate.
“I was capable of changing my startup’s strategy to suit my business needs and aspirations because of the mentorship that was provided during Al Madinah Bootcamp.” — Osama Al Motrfy, CEO of Waste Turn
We’ve taken it upon ourselves to ensure that the 75+ entrepreneurs attending our bootcamps across the kingdom, get the best mentorship and direction at such a critical stage in the startup’s life.
“I already learned a lot and it’s only been one day. Well organized, great trainers, and amazing energy” — Suhail Ahmed, CEO of Group4Less
Flat6Labs saw that each of the startups got the best support possible to help them venture and kick off innovative services and products through bringing in our team, and local and international mentors to help the startups ground their ideas. We’ve given Saudi entrepreneurs access to a number of essential tools that will help them succeed in the future and change the startup ecosystem starting from ideation sessions to design thinking and legal setup. Empowering such a drive of passionate entrepreneurs and raising awareness are at the core of why Misk kicked off its Misk Innovation Startup Bootcamps and the reason Flat6Labs powered it! This goal has been achieved, but it is just the start!
Flat6Labs saw that each of the startups got the best support possible to help them venture and kick off innovative services and products through bringing in our team, and local and international mentors to help the startups ground their ideas. We’ve given Saudi entrepreneurs access to a number of essential tools that will help them succeed in the future and change the startup ecosystem starting from ideation sessions to design thinking and legal setup. Empowering such a drive of passionate entrepreneurs and raising awareness are at the core of why Misk kicked off its Misk Innovation Startup Bootcamps and the reason Flat6Labs powered it! This goal has been achieved, but it is just the start!