FAQs
The team understands the challenges facing startups in Upper Egypt, especially when it comes to the entrepreneurial ecosystem in which these startups are nourished in. This program specifically supports startups in Upper Egypt through the Lean Startup Methodology.
The team will be utilizing the “Lean Startup Methodology”; a customer centric approach to entrepreneurship that relies on customer interviewing techniques to validate assumptions i.e. validated learnings. The approach uses the principles of customer discovery and market insights to take business decisions aiming to minimize risk and maximize learning.
At the end of the acceleration program your startup should:
- 1. Have validated a need for your business.
- 2. Have a very clear understanding of your customers.
- 3. Have developed a clear business model.
- 4. Have ran marketing experiments.
- 5. Know how to pitch your business.
- 6. Have a clear plan about ways forward and needed resources to achieve it.
After selecting 20 startups, we’ll be delivering intensive training sessions using lean startup methodology, to help each startup developing their idea and knowing their customer. Beside the training session, each startup will have the chance to get three consultation sessions to get a clear guide on how to develop their mvp.
After the first month, we will select only six startups to join our green acceleration stage that lasts for two months of training and consultation to help those startups launch their products to the market, plan their financials, know how to pitch their idea, and how to get their first fund.
We are looking for passionate entrepreneurs who:
- Have the drive to make it happen and are willing to put in the effort
- Are willing to commit to the program to pursue their passion
With ideas or early stage startups that:
- Are innovative or with an innovative business model
- Have great market potential
- Have potential for scalability
- Can attract investments
The 1st stage(Green Boot Camp) will last for one month, to deliver three training sessions and three consultation sessions
The 2nd stage (Green Acceleration Program) will last for two months, to deliver eight training sessions, and six consultation sessions for each startup.
The 1st stage(Green Boot Camp) will be available in two locations
1- El Minya, where startups from Fayoum till Assiut can attend
2- Sohag, where startups from Sohag till Aswan and new valley can attend.
The 2nd stage(Green Acceleration Program) will be online except for one or two sessions.
All consultation session will be online
To guarantee the best learning experience, you will need to join our boot camp first so you can join the 2nd program(Green Acceleration)
No, we only accept a team with at least 2 co-founders.
Yes, we accept idea-stage startups and will help you validate your idea and build an MVP throughout the program.
We accept both idea-stage startups as well as those with an MVP.
Yes, every accepted startup that will be selected to join Athar Green Acceleration Program will receive EGP 20,000 as a grant.
Beyond the scope of the demo day; throughout the acceleration cycle, and after the graduation of the startups, Athar will work closely to identify startups that are ready for investment and connect them to potential investors and support networks.