The Leading Accelerator in MENA now in Bahrain

$30K seed funding to grow your startup

Access to 300+ local & international mentors

Access to regional and international investors & VCs

New Startup Accelerator

Flat6Labs Bahrain is a new startup accelerator supported Tamkeen aiming to accelerate & launch local and international talent in Bahrain

THE PROCESS

Interviews

Bootcamp

Selection
Committee

Company
Registration

Cycle Program

Demo
Day

Grow

Interviews

2 months before cycle start

We receive hundreds of applications every cycle. Once all applications have been submitted, our internal management team reviews every application carefully (using a defined framework we have created) and selects the best applicants to be called in for a 30-60 minute interview. We go deeper into learning about the founders – who they are, why are they building a company, how well do they know their market, and what problem do they want to solve.

Bootcamp

5 weeks before cycle starts

In this stage, we bring down the 100+ founding teams to about 20. We then require each of the selected teams to attend a 5-day bootcamp. This bootcamp is designed as an intensive workshop for each team to work on developing and testing their idea further and for us to better understand their business in more detail. It also serves as a very important filter for identifying founders who we believe have what it takes to “make it in the real world.”

Selection Committee

1 month before cycle starts

By the end of the 5-day bootcamp, each team presents in front of the selection committee who then select the final teams to be accepted into the cycle. The selection committee is a diverse group of partners, industry experts, entrepreneurs, mentors, and investors all from our close network who come out with the final “go/no go” decision on each team.

Company Registration

Before cycle starts

This is where the selection process ends and we start the on-boarding process which includes signing term papers, company registration, legal agreements, and lightweight due diligence. We help handle this entire process for each selected team, making sure that every document is standard and extremely entrepreneur friendly. After this point, you are ready to begin operating as a fully-fledged incorporated business.

Cycle Program

4-month program

This is where the cycle begins and each team works restlessly over the next 4 months developing their core business model, building a prototype, and acquiring customers. During the cycle, each team has full and unlimited access to our overarching network of mentors, investors, consultants, experts, as well as well as the privilege to use our office space in Bahrain, network of mentors, consultants, investors, business education workshops, training sessions, perks program and more.

Demo Day

By the end of the cycle

Demo Day is an invite-only event held at the end of every cycle, and is generally the first opportunity for investors to meet the promising startups. After 4 long months of sweat, tears, pivoting and acceleration, the teams are ready to pitch in a room full of accredited VC’s, angels, investors, entrepreneurs, mentors, partners, and the media.

Grow

After the program

After Demo Day, only the best companies move on to receive follow-on funding. Flat6Labs Bahrain staff helps teams secure funding by providing them with further assistance with their financials and linking them to more investors. Although teams can no longer work from our office after Demo Day, every startup remains part of the Flat6Labs Bahrain network with continuous access to our mentor network, support, perks, workshops and more.

Offerings

Through its expansive and wide-reaching network and numerous partnerships, Flat6Labs Bahrain will also provide entrepreneurs with seed funding, strategic mentorship, office space, a multitude of perks and services from partners, and entrepreneurship-focused business training and development workshops, all engineered to prepare companies to be investment-ready within four months.

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    Seed Capital

    Seed Capital

    For each startup we select, we invest up to $30K in cash funding in exchange for minor equity in the company (5-10%). This seed funding is to help startups cover their early expenses during the program and to help define their product, develop their core application, and commercialize their enterprise

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    Incubation

    Incubation

    Accepted startups participate in our 4 months of incubation and benefit from hands-on support by a full time dedicated and experienced team.

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    Mentorship

    Mentorship

    Our entrepreneurs get access to 300+ local and international mentors throughout the 4 months, linking each team with established mentors & experts in their field. Mentorship includes guidance with industry trends, entrepreneurial experience, business challenges, technical issues, and investor relations

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    Business training & coaching

    Business training & coaching

    We provide our startups with executive coaching engagements, linking the teams with specialized subject matter experts majorly in the fields of technology, customer development, lean startup, go to market, and startup scaling. We offer a consistent and tailored series of one on one capacity building sessions according to the needs and deliverables of each phase throughout the cycle.

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    Networking & Exposure

    Networking & Exposure

    It’s hard to build a successful business, and it’s even harder if you’re not plugged into a community of people who can become mentors, partners, investors, developers, customers and friends. Our ever-expanding network is the backbone to our entire program. Our relationship with various local and international industry experts, companies, CEO’s, managing directors, academic institutions, innovators, media and more has led to a vast web of support and expertise that we tap our entrepreneurs directly into.

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    Company Registration

    Company Registration

    Creating a company as a legal and operating entity can be daunting, confusing, and out right time-consuming. Right after joining Flat6Labs Bahrain, we register and incorporate our startups and handle all things necessary required to start a business.

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    Office Space

    Office Space

    We provide all of our startups with 5 months to work in a state-of-the-art office that is a co-working space. We strongly believe in the concept of a co-working space as it creates a collaborative and flexible working style that is based on mutual trust and sharing of common core objectives and values between our entrepreneurs.

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    Legal Support

    Legal Support

    Getting good legal advice can be costly and time-consuming for any startup. That’s why we have a team of lawyers specialized in dealing with startups, to provide our entrepreneurs with legal consultation, support, and services

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    Investors & VCs

    Investors & VCs

    Given our expansive network of investors and VCs across the MENA region, as a Flat6Labs Bahrain startup you will get the direct opportunity to get exposed to these firms for more funding opportunities.

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    PR & Media

    PR & Media

    Media coverage and outreach for a budding startup is essential for its growth, that’s why we are keen to put our startups in the limelight as frequently as possible.

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    $300K+ Perks

    $300K+ Perks

    We provide our startups with over $300K in perks and benefits, providing our entrepreneurs with some of the best resources available to build their companies. As a member of the Global Accelerator Network and various other partnerships, all of our startups get to take advantage of significant perks from organizations like Microsoft, PayPal, Amazon Web Services, and more.

Accelerator Program

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LAUNCHED 2018

Launching in 2018 in partnership with Tamkeen, Flat6Labs Bahrain is an accelerator program aiming to help accelerate the growth of local and international startups in Bahrain and provide a steady pipeline to the rapidly growing Bahraini venture capital industry. Through its expansive and wide-reaching network and numerous partnerships, Flat6Labs Bahrain will also provide entrepreneurs with seed funding, strategic mentorship, office space, a multitude of perks and services from partners, and entrepreneurship-focused business training and development workshops, all engineered to prepare companies to be investment-ready within four months.

THE NEXT WAVE

Flat6Labs Bahrain is poised to create the next wave of entrepreneurs developing innovative solutions and applications, becoming a one-of-a-kind localized program harnessing & scaling innovation; effectively and swiftly contributing to the Bahraini ecosystem growth. The program welcomes ideas and startups working in innovation based and knowledge driven industries, including but not limited to; financial services & payments, education technology, ICT & electronics; mobile apps & games, B2B infrastructure services, healthcare, tourism & real estate technologies and hardware & industrial solutions.

ourPartners

  • tamkeen logo
  • EDB logo
  • StartUpBahrain logo
  • Microsoft logo
  • albaraka logo
  • ASU logo
  • bbk logo
  • BiSB logo
  • bourse logo
  • girlsu logo
  • gulfu logo
  • nbb logo
  • Takaful logo
  • KCB logo
  • KFH logo
  • KPMG logo
  • au logo
  • polytech logo
  • Ithmaar Bank logo
  • bni logo
  • tazur logo
  • UNIDO logo
  • solidarity logo
  • vanguard logo
View More Partners

Questions?

Can’t find an answer? Emali us at Bahrain@flat6labs.com

Table of Contents

  • How do you select your startups?

    We assess startups across three main criteria: whether they have a strong team, an interesting opportunity with a clear need and a large market and whether their product is innovative by design and has a high potential for growth.

  • What type of startups do you fund? Do you have any sector focus?

    Flat6Labs is sector agnostic and does not invest in one industry. However preference is given to startups in the following sectors: Financial Services & Payments, Education, ICT & Electronics, Mobile Apps & Games, B2B Infrastructure Services, Healthcare, Tourism & Real Estate Technologies and Hardware & Industrial Solutions.

  • How many startups do you invest in each year?

    We invest in 7 startups per cycle and we have 2 cycles each year, so we invest in up to 14 startups per year.

  • Should all the team members be working from Flat6Labs Bahrain?

    We ask all core team members to work from our Flat6Labs office so that we can closely work with and support them with the advice and mentorship they need. However, many startups have part-time employees who don’t need to work from the accelerator.

  • What does “graduation time” mean?

    It marks the end of the 4-month program cycle and the time for teams to acquire a premises other than Flat6Labs. However, by no means whatsoever does this mean that our services are discontinued to our startups.

  • What if more than one startup is working on the same idea during the same cycle?

    We do our best to select a diverse set of ideas during each cycle, but if this scenario happens or if any team changes their scope during the cycle, we will always look for ways of cooperation between the concerned teams rather than pitting them against each other. This should be easy, especially since there is no way any two ideas can be that identical in the world of technology.

  • Does Flat6Labs Bahrain accept non-Bahraini founders and teams?

    Yes, absolutely. Flat6Labs Bahrain accepts international startups from anywhere in the world to join its accelerator program. Founders will be required to register a Bahraini Commercial Registration and be present for the duration of the program cycle.

  • Where are Flat6Labs offices located?

    We currently have accelerator programs and seed funds in Cairo, Jeddah, Abu Dhabi, Beirut, Tunis and Bahrain.

  • How much funding do you offer?

    Accepted startups receive US $30K in seed funding.

  • How will you receive a return on your investment?

    Upon joining Flat6Labs, we acquire a 5-10,% equity stake in the company.

  • I need more money than what you are offering for seed funding.

    Our seed funding offering range is the same for all teams, and we believe that very few early stage startups need more money to go through a 4 month accelerator. Following Demo Day, we will support you in sourcing your target follow-on funding amount from VCs and angel investors.

  • I have filled in the application and no one has contacted me; what should I do?

    It usually takes few weeks to process every application and contact you for an interview. If you think it has been taking too long, or something may have gone wrong, please send us an email to bahrain@flat6labs.com to ensure that everything is in order.

  • Is a business plan required when applying to Flat6Labs Bahrain?

    No, we don’t ask for a business plan for applying to Flat6Labs Bahrain, but we encourage all our teams to have an idea of how they plan to make money and how they plan to grow for the interview stage.

  • May I change the scope of my project during the cycle?

    Yes, as long as the new scope is agreed upon by all stakeholders.