The Initiatives Center at the Prince Mohammed bin Salman binAbdul Aziz (Misk) announced the launching of the third edition of Misk500 Accelerator Program to serve and support promising businesses in the MENAregion as part of its efforts to support entrepreneurship.
Misk 500 is organized in partnership with "500 Startups," anearly-stage venture fund that includes the best capital firms to stimulate theemerging businesses sector and empower entrepreneurs.
The accelerator presents an integrated support program forentrepreneurs under the supervision of a group of international mentors andexperts.
It includes a series of workshops and training sessions,during which experts will closely work with participants to identify the strongpoints and elements of success of their projects, develop them and strengthenthem so they can overcome the difficulties and obstacles they might face intheir early stages.
All projects participating in Misk 500 will receiveSR187,000 ($50,000) as long as they meet the necessary conditions such ashaving a qualified team to manage the projects and having a product intechnology or a related field ready to be introduced to the market.
