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North African tech startups that are likely to raise their Series-A funding rounds in the next six to nine months can now apply for the third batch of 500 Startups‘ MENA Dojo Series A programme.
This follows the US early-stage venture fund and seed accelerator’s announcement on Tuesday (5 February) that it had — in partnership with Qatar Science & Technology Park (QSTP) — opened applications for the third batch of the annual programme.
Applications will close on 28 February, while the programme is set to kick off on 31 March in Kuwait.
500 Startups’ MENA Dojo Series A programme participants will receive $150 000 equity investment
In a blog post on Tuesday, 500 Startups said the mentorship-driven programme — which will cost each selected startup $15 000 in tuition — will see the accelerator bring in mentors from Silicon Valley and around the world to assist with growth hacking and marketing techniques.
Selected startups will benefit from one-to-one mentorship, lectures and workshops. In addition the programme participants will each receive $150 000 in investment — in exchange for five percent equity.
Featured image: 500 Startups MENA Dojo Series A Batch 2 (QSTP via Twitter)