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

Funding Proccess

Apply Online

Complete your online application and submit your startup idea

Evaluation

Our team will evaluate your company based on the application materials you provide. If selected, you will be asked to come in for an in-person interview

Enrollment

The most promising startup applicants will be selected for enrollment in our program and will receive an initial investment of EGP100,000.

Funding

Once enrolled in the program, you and your startup will be constantly evaluated to determine how much additional follow-on funding you receive.

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