OUR MISSION
Our mission is to empower Arab entrepreneurs by providing them with the knowledge, tools, and support they need to develop their innovative ideas into successful startups. We understand the challenges faced in the early stages of building a venture, and our Accelerator program is specifically designed to bridge that gap.
ABOUT THE PROGRAM
Hasoub Labs and MassChallenge Israel have partnered to provide the HasoubStartupsLab Accelerator program to promote Arab innovation. Learn how this program can accelerate the growth of your venture!
​
Hasoub Labs is an innovation hub dedicated to promoting entrepreneurship and employment in the Arab sector.
MassChallenge Israel is the global network of innovators, leading acceleration programs successfully around the world for over a decade.
*The programs will be conducted in-person, at the Hasoub Garage (Al-Quds Road, Ar'ara, 3002600), and in English unless otherwise noted.
**All elements listed below are subject to change due to scheduling challenges which may arise.
Our methodology hyper-focuses on helping founders identify goals and key initiatives, providing access to a meaningful network of experts and mentors.
MASSCHALLENGE
The Accelerator program will be powered by MassChallenge Israel, who run the largest and most diverse non-equity accelerator in Israel. Headquartered in Jerusalem since 2016, each year MassChallenge Israel accelerates entrepreneurs, solving some of the world’s biggest problems through their innovation programs. MassChallenge connects startups with the resources, partnerships, and communities that help them launch, grow, and scale their businesses.
​
MassChallenge Israel Alumni have gone on to create more than 20,000 Jobs and raise more than $1.4B with three Alumni already on the Tel Aviv Stock Exchange.
TARGET AUDIENCE
The Accelerator program is tailored for Arab entrepreneurs with innovative startups who face challenges in the early stages of growing their company. Our diverse community includes founders from various fields and industries, who are looking to make an impact on the world.
PROGRAM JOURNEY
Over the course of 12 weeks including sessions, workshops & events, the Accelerator program will guide you through crucial steps of growing your startup:
Foundations
Gain an overview of the program, meet mentors, and network with key experts.
Mission and Vision
Define your company’s vision and mission, setting the stage for future success.
Positioning and Branding
Learn how to define your position in the market, both individually as well as in relation to competitors. Receive valuable insights from industry experts.
Marketing and Sales
Learn how to drive growth through marketing and sales.
Board of Directors
Discuss the importance of building a board to grow your startup.
Financials and Legal
Gain insights into legal considerations such as intellectual property, cofounder agreements, and more. Consider your budget and financials and hear from leading experts in the field.
Fundraising
Meet with investors who will give you a glimpse inside the investor’s mindset.
Pitching and Storytelling
Master the art of pitching your startup and captivating potential investors.
ELIGIBILITY GUIDELINES
The HasoubStartupsLab Accelerator is tailored for early-stage companies from any industry, from the ideation stage to early market engagement. If you’ve yet to raise any money, you are more than welcome to apply. The program is best suited for startups that have generated less than $2M in annual revenue or have raised less than $1M.
Please note these are guidelines, not firm requirements. We realize that in some markets, startups are considered early-stage with greater initial funding. Similarly, there could be a business that is pivoting to become a startup and already generates meaningful revenue.
We welcome all applicants who can benefit from our program.
PROGRAM FEATURES AND SUPPORT
Entrepreneurship Fundamentals
Expert Guidance
Access to Ecosystem
Collaborative Environment
Soft Skill Development
TIMELINE
Oct 1, 2023
Applications open
Nov 5
Applications close
Nov 8-Nov 21
Judging
End of November
Finalists Announced
Dec 17
Program begins
Start of March
Finale event
COST
In case of acceptance to the Accelerator there will be a commitment fee.
ABOUT HASOUB LABS
The Accelerator program is one of the initiatives of Hasoub Labs, an innovation-driven organization dedicated to fostering entrepreneurship and technological advancement in the Arab world. With our strong partnership with MassChallenge and access to the Hasoub Garage, we provide a unique and comprehensive program designed to maximize your chances of success.
SUPPORTED BY
PARTNERS
