2 months before the cycle starts
Flat6Labs receives hundreds of applications every cycle. Once the application period has ended our internal management team will review every application carefully (using a defined framework we have created) and select the best applicants to be called for a 30 minute interview.
This is to get to know the founders and understand who they are, why they are building a company, how well they know their market, and what problems they have identified.
5 weeks before the cycle starts
In this stage we narrow down the 100+ founding teams to about 20. The selected teams will attend a 5-day Bootcamp. This Bootcamp is designed as an intensive workshop for each team to work on developing and testing their business models further and for us as an Accelerator to better understand their businesses 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.”
1 month before cycle starts
By the end of the 5-day bootcamp, each team will pitch their businesses 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 decision on each team.
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 due diligence. We help handle this entire process for each selected team, ensuring that everything is clear and concise to our Startups. Upon completion the Startups will be able to begin operating as a fully-fledged incorporated business.
This is when the program 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 access to our network of mentors, investors, consultants and experts as well as a creative co-working office space in Bahrain NBB Tower and many perks and services from our partners.
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 our promising startups. After 4 intense and constructive months of acceleration, the teams are ready to pitch to VC’s, Angel Investors, Mentors, Partners, and the Media.
After the program
After Demo Day Flat6Labs will continue to support the startups through its network in addition to continuous access to perks, workshops and more.