Startup Competition - FoundersBei | Coworking Space

FoundersBei Startup Competition

Hello & Welcome!

ABOUT

The FoundersBei Startup Competition is a competition for Lebanese entrepreneurs. This year, we will welcome teams from all over the country, give them access to a large network of founders, mentors and experts, and provide a platform to pitch their ideas to judges and investors, according to our slogan - failing forward.
 
We offer a wide range of mentorship, webinars, workshops and coaching opportunities to our participants in order to support them in founding their own business in the best way possible. Therefore, we appreciate anyone who would like to offer their expertise, time and experience – be it teaching, working for a large multinational corporation or founding their own startup – and support our participants throughout the competition.
 
Additionally, we rely solely on sponsors and are always looking for financial support. We offer a wide range of opportunities for advertisement and cooperation and are more than happy to discuss individualized partnerships.

What's in it for you?

12 MONTHS MEMBERSHIP

(worth $6,000)

6 MONTHS MEMBERSHIP

(worth $3,000)

3 MONTHS MEMBERSHIP

(worth $1,000)

ALSO…

Many special prizes, including incubator programs and individual coaching sessions.
Access to a large network of founders, mentors and experts.
A platform to pitch your idea to judges and investors.
A unique, international startup atmosphere at our final event.

How it Works

FIRST ROUND

Submit a short summary of your startup idea and how you plan on being profitable directly on our website. Applications will be reviewed by the experienced FoundersBei team and the most promising ideas will enter the second round. Make sure to watch out for valuable advice/hints on our Instagram page. This will help you find your startup idea and make the best out of your application!

SECOND ROUND

Teams that go through to this round will be asked to submit a more detailed executive summary of their business ideas. You will be guided by questions about your startup’s value proposition, pricing and sales strategy, financing plans and your visions for the future. During the second round, participants will have the chance to take part in online webinars on relevant entrepreneurial topics and lead it toward success. All executive summaries will be evaluated by our mentors who are founders with many years of experience in the startup world.

THIRD ROUND

The best applicants will then enter the final round of the FoundersBei Startup Competition. Each team will be provided with a mentor who will advise them on their final pitch. The final event will take place in a hybrid format, as participants, mentors, speakers and others will be invited to FoundersBei. It will be packed with fascinating talks and workshops given by startup founders and entrepreneurship professionals and motivating startup pitches. Get the opportunity to meet inspiring entrepreneurs from all over the world and network with established accelerators and investors. The final teams have the chance to win a boosting prize money as well as several other valuable resources.

Timeline

10 FEBRUARY 2022 - 15 MARCH 2022

First Application Round

Startups can apply through the online application form - coming soon.

15 MARCH 2022 - 15 APRIL 2022

Second Application Round
 

Submission of Executive Summaries and online webinars. After this stage, the mentors make their evaluations.

20 APRIL 2022 - 15 MAY 2022

Online/Offline Mentoring

Individual meetings and webinars between the allocated mentors and the participants.

20 MAY 2022

Final Event

The selected finalists pitch their ideas to the jury and the winners are then selected.

SO do you dare stand out?

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