SECTION 1 | PARTICIPATION AND ATTENDANCE

  1. The “MIT Enterprise Forum Arab Startup Competition” is run by the MIT Enterprise Forum Pan Arab Region (MITEF Pan Arab)
  2. By entering the competition, you hereby warrant that all of the information that you submit is accurate and complete in every respect
  3. Entering the competition and accessing our website is free of charge
  4. Only one entry is allowed per team in the same edition.
  5. Applications are submitted through our website www.mitarabcompetition.com. You must:
    • Log in to your account or create a new one if you don't have one
    • Select the track you are eligible for
    • Choose the language you would like to continue with
    • Fill out the application form
    • Submit the application before the deadline
  6. If you are selected as a semifinalist, you will be notified of your selection via email. If you fail to respond within 48 hours of being notified, you will automatically forfeit your right to compete in the second round. If you do not provide the required information needed for the next phase of the competition within the specified deadline, you will forfeit your right to compete in the second round.
  7. Any changes to the founding team, location, and/or name of the startup/idea after the submission of the application or after being selected as a semi-finalist must be communicated with the MITEF Pan Arab team for notification and approval.
  8. Semifinalist teams are required to attend the boot camp, conference & the final award ceremony in person. These events are held each year in a different Arab capital. At least one member per team is required to attend all events.
  9. Semifinalist teams that choose to withdraw within a period of one month before the set date of the bootcamp and finals (Round 2, Round 3 judging and the awards ceremony) will be required to pay a defaulting fee due to the cancellation of flight and hotel booking arrangements (amount to be determined).
  10. Semifinalist teams are expected to work on and submit specific deliverables prior to the boot camp and conference.
  11. For the Boot Camps, MIT Enterprise Forum Pan Arab will be covering the flight and hotel expenses of 2 members of the team and attendance is mandatory.
  12. For the Final Event, participants are expected to pay for their own flight tickets while the MITEF Pan Arab team will cover the hotel accommodation of only 2 attending members. Other team members may attend on their own expense but will need to notify the MITEF team in advance
  13. MIT Enterprise Forum Pan Arab will be paying other expenses for both the Boot Camps and Finals which are only limited to lunch and coffee breaks, ground transportation to and from the event venue, and other related expenses depending on each edition and as communicated to the semifinalists clearly through the Manual.
  14. The timeline of the competition will be posted on our website and the agendas of the Boot Camps and Finals will be shared with the semifinalists and the MIT Enterprise Forum Pan Arab reserves the right to change any date at any time.
  15. All Semifinalist teams will be listed in the MITEF Pan Arab directory which includes information about the teams’ status within the competition in addition to general information about the startup.
  16. After the closing of the edition, semifinalists are required to cooperate with the MITEF Pan Arab team for follow up through surveys, phone calls, community giveback opportunities, and coverage on the Forum’s blog

SECTION 2 | COMPETITION PROCESS

  1. The MIT Enterprise Forum Arab Startup Competition is divided into 3 tracks: the ‘Ideas’ track, the ‘Startups’ track and the ‘Social Entrepreneurship’ track. The startups in each track go through 3 rounds of judging:
    • Round One:
      • Teams must fill and submit an online application with consists of the following sections:
        • General questions
        • Innovation
        • Financial sustainability
        • Scalability
        • Team
        • Social Impact (for Social Entrepreneurship track only)
      • 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:
        • 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: Creativity and improvement of existing solutions and/or business processes with respect to current competitors or comparable products and services. Within this definition, innovation does not necessarily mean technology
        • Financial Sustainability: The enterprise should be financially sustainable in the long term. Donors’ grants and sponsorships are not considered financial sustainable approaches
        • Scalability: A business idea or a startup should not be limited to a local market. At a minimum, a nationwide market should be targeted; preferably, the business should be easy to scale up regionally or globally as the company expands
        • Social Impact (only applicable to Social Entrepreneurship Track): The extent to which your project benefits the community
      • 20, 30 and 20 teams are selected for the Ideas, Startups, and Social Entrepreneurship tracks respectively. 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
    • Round Two:
      • Semifinalist teams must submit certain deliverables that will be communicated to them in due time. They are also required to carefully read the semifinalist manual, sign it and return a signed copy to the MITEF Pan Arab team. All persons whose names are mentioned as part of the team must sign the form
      • Semifinalist teams are required to attend the boot camp and the final award ceremony and conference. The training boot camp is led in English. At least one of the team members who will be attending the training must be fluent in English
      • Semifinalist teams are required to pitch in front of a Round Two jury during the 2 day final event where they will have 3 minutes to present, followed by 7 minutes of Q&A. After the oral presentations of the second round, the jury will deliberate and select the 10 finalist teams for each of the Ideas, Startups, and Social Entrepreneurship tracks
    • Round Three:
      • Finalist teams are required to pitch in front of a Final Jury where they will have 3 minutes to present, followed by 7 minutes of Q&A. After the oral presentations of the final round, the jury will deliberate and select the three winners for each of the Ideas, Startups, and Social Entrepreneurship tracks.
  2. Online applications are accepted in English, French and Arabic
  3. All oral presentations during all rounds of judging should be delivered in English
  4. Information about all the judges will be available on our website as soon as the names are finalized

SECTION 3 | PRIZES

  1. Monetary prizes will be awarded to three winning teams from each track
  2. Prize money will only be transferred to the legal entity specified in the signed semifinalist manual
  3. Prize money will NOT be transferred to individuals
  4. If the startup is not registered as a legal entity within the 3 months following the competition, MITEF Pan Arab will no longer transfer the money prize
  5. MITEF Pan Arab will endeavour to send prizes within three months of the competition end date but cannot guarantee this delivery time
  6. The monetary prize awarded to the winners is equity free, i.e. the MITEF Pan Arab team will not require any equity in return for the money

SECTION 4 | DISQUALIFICATION

MITEF Pan Arab reserves the right to disqualify any entry at any phase of the competition. The reasons for disqualification can be a breach of any of the rules, breach of eligibility criteria, breach of any applicable law, bad conduct or offensive behavior, or invalid answers contained in the applications.

SECTION 5 | LIABILITY

  1. MIT Enterprise Forum Pan Arab does not claim any proprietary rights over the initiatives, technologies, and ideas submitted to the competition. All ideas and technologies are the sole property of the submitter
  2. Personal information collected about you is used for the purpose of the competition and will not be distributed to third parties without your consent
  3. MITEF Pan Arab reserves the right to amend the above mentioned rules at any time
  4. In the event of any misinterpretation regarding these rules, the conduct or results of the competition, or any other matter relating to the competition, the decision of MITEF Pan Arab shall be final and unchallenged
  5. While every care is taken to ensure that the competition runs successfully, MITEF Pan Arab will not be held responsible for any loss, damage, inconvenience, or disappointment of any kind suffered by any entrant resulting from the competition
  6. MITEF Pan Arab does not endorse any external linked sites and is not responsible for their content