Terms & Conditions

Terms & Conditions

Please read the following rules carefully. When you enter our competition, we will assume that you agree with them.

1. The “MIT Enterprise Forum Arab Startup Competition” (Competition) is run by the MIT Enterprise Forum for the Pan Arab Region (MIT EF Pan Arab).

2. By entering the competition, you hereby warrant that all of the information that you submit is accurate and complete in every respect.

3. Entering the competition and accessing our website is free of charge.

4. Each team is allowed only one entry.

5. To enter the competition, you must apply through our website www.mitefarab.org. You must: 1- Select the competition you want to enroll in, 2- Create an account or log in if you already have one, 3- Select the language with which you wish to fill the application form, 4- Fill out the application form, and 5- submit the application before the deadline.

6. If you are selected as a semi-finalist, you will be notified of your selection via an email. If you fail to respond within 48 hours of being notified, you will automatically forfeit your right to compete in the second round. If you do not provide the required information needed for the next phase of the competition within the deadline specified by the management team, you will also forfeit your right to compete in the second round.

7. Any changes to the team must be communicated with our management for approval.

8. Semi-finalist teams must attend the workshop, conference & the final award ceremony in person. These events are held each year in a different Arab capital. At least one member per team must attend the workshop.

9. Teams are expected to work on and submit specific deliverables prior to the workshop and conference. Qualified teams are not required to pay a participation fee for any of the workshop or conference. Each of the participants is expected to pay for their own flight ticket. The MIT Enterprise Forum Pan Arab will be paying all other expenses for up to two members per team, including accomodation, lunch and coffee breaks, ground transportation to and from the event venue. Other members attending the event can benefit from our special rates.

10. The calendar of the competition will be posted on our website, and we reserve the right to change any date at any time.

11. Personal information collected about you is used for the purpose of the competition, and will not be distributed to third parties without your consent.

Organization of the Competition

12. The MIT Enterprise Forum Arab Startup Competition has 4 tracks: Ideas, Startups, Social Entrepreneurship, and the Silicon Valley Program. The first 3 tracks mentioned have 3 rounds each.

13. In Round 1, teams must fill and submit an online application that consists of two sections:
- Management Team: that accounts for 30 points of the grade
- Project/Startup Profile: that accounts for 70 points of the grade.

14. In Round 1, applications are accepted in English, French, and Arabic.

15. In Round 1, each application is graded by 2 different judges. Judges place more importance on certain criteria, depending on the track you are applying for:

A) Team: The team takes up an important part of the total grade. Judges look for experience, value added, and the relevance of each team member to the project.
B) Innovation: Creativity and improvement of existing solutions and/or business processes with respect to current competitors or comparable products and services. Within this definition, innovation does not necessarily mean technology. (This criteria applies to the Ideas, Startups & Social Entrepreneurship Tracks)
C) Scalability: A business idea or a startup should not be limited to a local market. At a minimum, a nationwide market should be targeted. Preferably, the business should be easy to replicate regionally or globally as the company expands. (This criteria applies to the Ideas, Startups & Social Entrepreneurship Tracks)
D) Social Impact: The extent to which your project benefits the community
E) Financial Sustainability: The social enterprise should be financial sustainable for the long term (This criteria applies to both for-profit and non-for-profit social enterprises)

16. In Round 1: 20, 30 and 20 teams are respectively selected for the Ideas, Startups, and Social Entrepreneurship tracks. These are teams would have scored the highest average score on their application forms. MIT EF Pan Arab reserves the right to modify the number of selected teams.

17. The selected teams will receive coaching prior the workshop. Details on the coaching will be communicated in due time

18. To be eligible for Round 2, the semi-finalist teams must achieve certain deliverables required from them that will be communicated to them in due time. The semi-finalist teams must also sign the “intent of incorporation” form. All persons whose names are mentioned as part of the team must sign the form.

19. In Round 2, the selected semi-finalist teams are required to attend a workshop, conference & gala dinner. The workshop is led in English. At least one of the team members who will be attending the workshop must be fluent in English.

20. The selection of the Finalist teams for each of the tracks happens during the Workshop.

21. In Round 3, the finalist teams are required to pitch in front of a Final Jury where they will have 5 mins to present followed by 7 mins of Q&A. After the oral presentations of the final round, the jury will deliberate and select the three winners for each of the Ideas, Startups, and Social Entrepreneurship tracks.

22. In Round 3, the oral presentations of the final round should be performed in English.

23. Information about the Final Round Judges will be available on our website as soon as the names are finalized.

Prizes

24. Cash prizes will be awarded to three winning teams from the Ideas, Startups, Social Entrepreneurship tracks.

25. Prize money will only be transferred to the legal entity specified in the Engagement Letter .

26. Prize money will NOT be transferred to individuals.

27. MIT EF Pan Arab will endeavour to send prizes within three months of the competition end date but cannot guarantee this delivery time.

Disqualification

28. MIT EF Pan Arab reserves the right to disqualify any entry at any phase of the competition. The reasons for disqualification are breach of any of the rules, breach of eligibility criteria, breach of any applicable law, bad conduct or offensive behavior, and applications containing invalid or answers that are not serious.

Liability

29. MIT EF Pan Arab reserves the right to amend these rules at any time.

30. In the event of any mis-interpretation regarding these rules, the conduct or results of the competition, or any other matter relating to the competition, the decision of MIT EF Pan Arab shall be final and unchallenged.

31. While every care is taken to ensure that the competition runs successfully, the MIT EF Pan Arab will not be held responsible for any loss, damage, inconvenience, or disappointment of any kind suffered by any entrant resulting from the competition.

32. The MIT EF Pan Arab does not endorse any external linked sites and is not responsible for their content.