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Dealine: Application Ongoing
Location: Dubai, UAE
Location: Dubai, UAE
Overview:
FasterCapital is a virtual incubator based in Dubai Internet City, UAE. FasterCapital has more than 18 graduated startups, 15 startups in incubation program, 169 startups in the acceleration program plus more than 117 regional partners and 72 offices worldwide. FasterCapital has invested more than 10 million USD since its inception in 2010.
FasterCapital is a new type of incubator. The founders remarked that there are several weaknesses in incubators worldwide. These weaknesses are leaving an important segment of entrepreneurs with no help. It is also affecting the success rate of startups as many don't raise enough capital at the right time which is a major cause for failure.
Programs:
FasterCapital offers two programs: “Acceleration Program” and “Incubation Program”. In the “Acceleration Program”, FasterCapital will provide mentorship, access to capital and extra consulting services (legal, technological and marketing) to startup founders. What distinguishes FasterCapital, however, is the “Incubation Program” which is targeting non-technical entrepreneurs.
Submission:
FasterCapital will become a (tech) co-founder and co-funder (as one of the first investors). It will provide technical development per equity (up to $500k for each startup). The “Incubation Program” might also appeal to tech entrepreneurs who seek some help in covering some of the early investment in the startup. FasterCapial co-funds the startup from idea stage and until it can generate revenues.
***Entrepreneurs can submit around the year through official website.
Website for Application:
FasterCapital is a virtual incubator based in Dubai Internet City, UAE. FasterCapital has more than 18 graduated startups, 15 startups in incubation program, 169 startups in the acceleration program plus more than 117 regional partners and 72 offices worldwide. FasterCapital has invested more than 10 million USD since its inception in 2010.
FasterCapital is a new type of incubator. The founders remarked that there are several weaknesses in incubators worldwide. These weaknesses are leaving an important segment of entrepreneurs with no help. It is also affecting the success rate of startups as many don't raise enough capital at the right time which is a major cause for failure.
Programs:
FasterCapital offers two programs: “Acceleration Program” and “Incubation Program”. In the “Acceleration Program”, FasterCapital will provide mentorship, access to capital and extra consulting services (legal, technological and marketing) to startup founders. What distinguishes FasterCapital, however, is the “Incubation Program” which is targeting non-technical entrepreneurs.
Submission:
FasterCapital will become a (tech) co-founder and co-funder (as one of the first investors). It will provide technical development per equity (up to $500k for each startup). The “Incubation Program” might also appeal to tech entrepreneurs who seek some help in covering some of the early investment in the startup. FasterCapial co-funds the startup from idea stage and until it can generate revenues.
***Entrepreneurs can submit around the year through official website.
Website for Application:
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