Offering

Falak is much more than just a 4-month acceleration program. It’s an opportunity that opens many doors by providing unparalleled resources to transform your idea into a thriving business. Falak stands out as a life-changing program that will allow you to be fully immersed and focused on building your business in an open, collaborative and diverse environment surrounded with all the resources and networks that you may need.

You will learn and acquire the necessary skills to navigate the various aspects of today’s current economy in your respective industries. You will also be granted the opportunity to network with successful entrepreneurs, connect with an array of investors, share your experiences with other teams, and have the opportunity to travel to major cities to see the latest developments in technology and entrepreneurship. The knowledge, skills and connections that you will make will propel you and your businesses to the next level.

Funding Details

Investment Size (per company) EGP 100-500k
Equity 4-8%
Acceleration period 4 months
Number of Companies (per cycle) Up to 30
Stages Seed and Early Stage

Our Process

Apply

Complete your online application on our website. We are looking for non-traditional scalable businesses that have high potential for growth with limited funding. You should at least have a prototype, or a very innovative startup idea, and a minimum of two co-founders. You will receive a confirmation email once we have received your application.

Interview

You will receive an email from Falak Startups to notify you if your startup has been selected for an initial interview. Once we get in touch, we’ll schedule a face-to-face interview to evaluate your team and discuss your idea, market and business model.

Boot camp

After the interview, we will select our top candidates to attend a 3-day boot camp, where you will have the chance to work on your business model with our panel, and develop specific skills that will help your business. The boot camp will be the final selection stage, and we will evaluate your startup and the founders based on our selection criteria.

Selection

Final startups will be selected and enrolled into Falak Startups. Congratulations! You made it. Now the real work begins.

Funding

Selected startups will get company establishment, and when things finally get official, you will receive initial funding of 100,000LE for 4% equity.

4 Month Program

Upon selection, you and your team will join us at Falak Startups for 4 months. You will be able to work at our co-working space, and your mentorship will begin, along with the program sessions.

Demo Day

After 4 months of mentorship, trainings, sessions, support, and most importantly growth, you will feel confident enough to pitch your startup to a crowd of investors, businessmen, industry experts and the entire world. Demo Day is your graduation from our program.

Continuous Support

Our journey doesn’t end here. We will continue to support you after you have graduated the program, and you will always remain part of the Falak Startups alumni. We will also be available to advise you on term sheets, investor meetings and longer-term business decisions that come up.

What else do we offer our startups?

Network

An Incredible network of like-minded individuals

Mentors

Experienced mentors who provide tailored assistance to support your needs in building and growing your business

Training

Seminars and workshops that provide necessary know-how in management, business administration, teamwork, leadership and sales

Business Development

Assistance in creating the right business model for your product and company

Funding

Access to angel investors and venture capital

Media

Media support to help get the word out on your company

Global links

Exposure to the international scene for entrepreneurship and state-of-the-art technologies.

Travel

Top performers in each cycle will be selected to visit global technology hubs and meet with different companies and their esteemed investors.

Licensing

Legal support for licensing and registering your business

Government Support

Open communication lines to government officials and policy-makers

Work Space

State of the art facilities and co-working space

Perks

A substantial number of in-kind benefits like technology services and other goodies from our partners