Wamda X is a <a href="https://www.for9a.com/en/opportunity/category/Grants" rel="noopener noreferrer" target="_blank">grant</a>-based programme for founders with the aim to safe-route the often financially grueling and solitary path to entrepreneurship. Wamda X have designed an environment to help founders build their startups through a 4-month relationship-focused programme at Wamda X <a href="https://www.for9a.com/en/country/United-Arab-Emirates-UAE" rel="noopener noreferrer" target="_blank">Dubai</a>. Wamda X goal is to co-found businesses with Fellows by providing them with grants and opening up the Wamda network of mentors to help ease the process of starting and scaling a business. Wamda X will be the initial financiers for founders and offers access to Wamda Capital, which can continue financing these businesses as they grow.<h3>Eligibility:</h3>Wamda X is there to help co-found businesses from their earliest stages. Whether its an idea or a revenue generating startup. Successful businesses are often started by mature founders who have several years of work experience but do not conform to the status quo. That&rsquo;s why Wamda X is looking for mature professionals who have a knack for solving market failures and those who embody leadership and efficient problem-solving qualities. The qualities that make a great entrepreneur are often present before they even start a business. The best businesses are founder-run, so Wamda X is looking to partner with these founders from the early days of starting up. Wamda X want to partner with hungry entrepreneurs, willing to take a leap of faith regardless of whether or not they make it through Wamda X.<h3>Benefits:</h3><ul><li>$16k grant for individuals, $25k for teams;&nbsp;Converts into 5% only if a business is formed.</li><li>$100k+ follow-on;&nbsp;Wamda reserves the right to invest $100k for 10% post programme.</li><li>Relationship-focused;&nbsp;Fellows will be paired with mentors and a &ldquo;Buddy&rdquo; from the Wamda Capital team.</li><li>Curriculum light, network heavy;&nbsp;Fellows can focus on building their businesses and taking advantage of their access to the Wamda network.</li><li>Monthly stipend;&nbsp;The grant is divided into 4 equal parts, paid monthly at the beginning of each month.</li><li>Dubai-based;&nbsp;Dubai-based for first half of programme, location flexibility in the second half.</li><li>No-strings-attached;&nbsp;Wamda or the Fellow may end the participation at any point, with no strings attached.</li><li>Up to $9k in in-kind support;&nbsp;Including 1 year of free work-space access, workshops, perks, and other benefits.</li></ul><h3>Selection Process:</h3><ul><li>Applications: Applications are open for the second cohort.</li><li>Screening: Wamda will be in touch to schedule a call.</li><li>Meet: Full day of interviews and exercises at Wamda X Dubai.</li><li>Programme starts: Applicant will meet his buddies and mentors on orientation day.</li></ul>See more available <a href="https://www.for9a.com/en/opportunity/category/Fellowships">fellowships</a> on For9aSee more available <a href="https://www.for9a.com/en/opportunity/category/Competitions-and-Awards">competition and awards</a> on For9aSee more available <a href="https://www.for9a.com/en/opportunity/category/Events-Festivals-and-Conferences">events and conferences</a> on For9a

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Grants up to $ 25,000 for Entrepreneurs 2019