Flat6Labs Riyadh Seed Program
We are back in Saudi Arabia’s entrepreneurial scene to support the innovation of Saudi Arabian startups, enhance their entrepreneurial skills, and create a space for the Saudi youth to develop their startups and scale up their businesses in the MENA region.
The Flat6Labs Riyadh Seed Program will support startups with high growth potential and will annually provide more than 20 Saudi startups with seed funding over the next three years.
Funded by Startup Seed FundWHAT TO KNOW BEFORE APPLYING
Once you are selected to join the Flat6Labs Seed Program, you receive cash-funding respective to the Flat6Lab Seed Program you have joined, strategic mentorship, office-space, entrepreneurship-focused business training, subject matter one to one sessions and a multitude of perks and services from partners.
A couple of pointers you should keep in mind:
- You must be fully dedicated to the duration of the 4-month program.
- Applicants must have full-time commitment to the program.
- Applicants must be residing in any city in KSA.
SUPPORT & OFFERINGS
SAR 500K in Cash Seed Funding
SAR 2,400,000 in Follow-on Funding
FULL-TIME SUPPORT STAFF
LEGAL SUPPORT
MENTORSHIP
OFFICE SPACE
MARKETING & PR
DEMO DAY & BUSINESS NETWORKING EVENTS
LANDING PROGRAMS
FUNDRAISING & ACCESS TO INVESTORS
SELECTION PROCESS
- Selection
- 1st Month
- 2nd Month
- 3rd Month
- 4th Month
- Demo Day
- Post-Graduation
Selection
We receive hundreds of applications every cycle in each location. Once all applications have been submitted, our team reviews every application carefully and selects the best applicants to go through bootcamps, and final committee for the selection process. The ones selected are those who will join the program.
1st Month
In the first month we hold an orientation session to introduce the 4-month program plan to the startups, start the weekly one-on-one sessions, and organize pitch workshops to help the startups enhance their pitches before they present in front of the community during the official cycle opening.
2nd Month
During the second month, startups are introduced to their coaches and mentors who will be helping them through out the cycle, with tailored sessions that will enhance their business operations, marketing efforts and more.
3rd Month
We offer our startups a magnitude of opportunities to introduce their solutions to corporates and investors, who can help them pinpoint where they can improve what they are offering or how a corporate like them could be using their solutions.
4th Month
Few weeks before the Demo Day, startups make their final rehearsals of their pitches, along with the photoshoots they get for their startups and a recording of their pitches for easy access for investors.
Demo Day
Flat6Labs’ entrepreneurs go through a number of milestones during the training program including the Program Opening, Product Day, the Market day, and the Demo Day, events through which entrepreneurs are able to present their product to a select crowd, receive feedback, network & pitch to potential investors.
Post-Graduation
After Demo Day, only the best companies move on to receive follow-on funding. Flat6Labs helps teams secure funding by providing them with further assistance with their financials and linking them to more investors. Although teams can no longer work from our office after Demo Day, every startup remains part of the Flat6Labs network with continuous access to our mentor network, support, perks, workshops, and more.