Social Entrepreneurship Track

For Social Entrepreneurs

Eligibility Criteria

  • Each team should have at least two members
  • As we are targeting startup stage social enterprises, your startup must be registered in an Arab country
  • Your startup can be either for-profit or not-for-profit
  • Your core product or service must address a social problem
  • Your social enterprise can be in ANY industry

Selection of Semifinalists

Round 1 judging process
  • In Round 1, applications are accepted in English, French, and Arabic
  • In Round 1, each application is graded by at least 2 different judges. Judges place more importance on certain criteria, depending on the track you are applying for (Judging criteria below)
  • In Round 1: 20 semifinalists teams are selected for second round of the Social Entrepreneurship track. These teams will have scored the highest average score on their application forms
  • MITEF Pan Arab reserves the right to modify the number of selected teams
  • To be eligible for Round 2, the semifinalists teams must submit certain deliverables that will be communicated with them in due time. The semifinalists teams must also sign the “intent of incorporation” form. All members whose names are mentioned as part of the team must sign the form.
  • Semifinalists Teams are expected to work on and submit specific deliverables prior to the workshop and conference. Qualified teams are not required to pay a participation fee for any of the workshop or conference. Each of the participants is expected to pay for their own flight ticket. The MIT Enterprise Forum Pan Arab will be paying all other expenses for up to two members per team, including accommodation, lunch and coffee breaks, ground transportation to and from the event venue. Other members attending the event can benefit from our special rates

Round 2 judging process
  • In Round 2, the selected semi-finalist teams are required to attend a pre-boot camp, the final award ceremony and conference. The pre-boot camp training is led in English. At least one of the team members who will be attending the workshop must be fluent in English
  • The semi-finalist teams are required to pitch in front of a Round 2 jury panel during the 2 day final event where they will have 3 minutes to present/pitch, followed by 7 minutes of Q&A
  • The oral presentations of the final round should be delivered in English.
  • After the oral presentations of the second round, the jury will deliberate and select 10 finalist teams that qualify to the final round of the Social Entrepreneurship track

Final Round judging process
  • In Round 3, the finalists teams are required to pitch in front of a Final Round Jury panel where they will have 3 minutes to present, followed by 7 minutes of Q&A
  • The oral presentations of the final round should be delivered in English
  • After the oral presentations of the final round, the jury will deliberate and select the three winners of the Social Entrepreneurship track

Judging Criteria

  • Team: The team takes up an important part of the total grade. Judges look for experience, value added, and the relevance of each team member to the project
  • Innovation: Judges will assess the novelty of the product or service that you are offering to tackle a social problem
  • Financial Sustainability: Judges will look at how your social enterprise maintains its financial sustainability in the long term (this applies to both for-profit and non-for-profit social enterprises)
    P.S: Donors’ grants and sponsorships are not considered financial sustainable approaches
  • Scalability: Your social enterprise should not be limited to a local market. At a minimum, a nationwide market should be targeted. Preferably, the model should be easy to replicate regionally or globally as the social enterprise expands
  • Social Impact: Judges will assess the extent to which your projct benefits the community

Prizes

The three winning teams will receive cash prizes:

  • $50K for first place
  • $10K for second place
  • $5K for third place

Beside the prize money, all qualifying teams would be benefiting from top tier training, coaching, mentorship, and great networking opportunities.

For more info about the Application Form, Selection of the qualifying/winning teams, and the disbursement of prizes, please carefully read the Terms and Conditions.