SEEDSTARS WORLD IS COMING TO AMMAN TO FIND THE BEST STARTUP IN JORDAN

On August 7th, Jordan’s best startups will compete to represent the country at the Seedstars World competition and win up to 500’000 USD in equity.

Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is returning to Amman on August 7th, 2016 at Oasis500.

Up to 12 startups will compete to win the title of Jordan’s Best Startup and represent the country at the Global Summit in Switzerland. The past winning participants of Seedstars World have raised over 20M USD together cumulatively, providing employment to over 360 employees around the world.

The winners of the event will be invited to Switzerland to pitch at the final event in March 2017 for a prized 500,000 USD equity investment.

The Seedstars Summit will also feature industry-specific tracks in parallel to the general Seedstars World competition prize, similar to the 500,000 USD travel-specific prize awarded at last year’s summit.

The Jacobs Foundation is also offering a grant of 50,000 CHF for product customization or a pilot project in the Francophone market. This year’s winning startup will also be invited to the Seedstars MENA Regional Summit in Bahrain in December 2016.

A bootcamp pitch training session will take place at Oasis500 for the startups selected to pitch in the Seedstars Amman competition, which will be guided by seasoned regional mentors.

If you’re a startup at the seed-stage level and are considering to apply, here are the rules and regulations:

-Having less than $ 500k raised

-The startup be less than two years old

-A Minimum Viable Product (MVP)

For more details about the event make sure to visit here