ZainAlMubadara5 For Startup and Entrepreneurial Ideas and Get Funds For Your Startup

Zain Creativity (ZINC) announces the launch of the fifth version of the "Zain Al-Mubadara" and invites you to apply and participate in this program, which is one of the most important programs and initiatives that they are keen to launch annually to support the entrepreneurship sector, and to serve young people, entrepreneurs and people with creative ideas across the Kingdom. By adopting these ideas and providing the necessary support to ensure their growth. The program version for this year was designed to keep pace with the exceptional circumstances that Jordan and the world are going through due to the Corona virus, with the aim of supporting emerging companies that have been affected by the pandemic and its economic effects, and supporting those who have innovative ideas and solutions that would make a difference in society, especially during the current circumstances that are going through out the world.

About the Program:

• The program version for this year includes the "startup track"; It is directed to startups affected by the repercussions of the Corona virus, which have suffered financial losses that caused their business to decline and are threatened with stoppage, as the owners of these companies can participate in the program by presenting a plan that includes solutions to recover from the effects of the pandemic, and how to invest the financial support that will be provided to them to address the economic effects that caused With the pandemic on their business, and for their companies to return to join the market, where the companies whose owners will offer ideal solutions will receive material support provided by the platform, amounting to a total of 100,000 Jordanian dinars distributed equally among 10 companies, in addition to logistical support.
• The program also includes the entrepreneurial ideas pathway directed to anyone who has a creative idea and wants to turn it into a project and a startup company, whether this idea provides solutions to confront the current crisis, or solutions that serve the community, where the ideas that will be chosen within this path will receive material support that reaches  to 48,000 Jordanian dinars, distributed equally among 8 ideas, in addition to logistical support.

Eligibility Criteria:

• Startup Track:

1. Startup present in the market for 1-3 years.
2. Registered in Jordan.
3. Generating revenue.
4. Business got affected by COVID-19.

• Idea Track:

1. One Team member has a Jordanian nationality.
2. The startup must be in the ideation phase.
3. Has not accessed the market yet
4. Age should be eligible for company legal registration.

Funding:

• The startups whose owners will offer ideal solutions will receive material support provided by the platform, amounting to a total of 100,000 Jordanian dinars distributed equally among 10 companies, in addition to logistical support.
• The ideas that will be chosen within "Idea Track" will receive material support that reaches  to 48,000 Jordanian dinars, distributed equally among 8 ideas, in addition to logistical support.

About Zain:

"Zain" group is one of the leading companies in the field of mobile communications in the Middle East and Africa. It enjoys a distinct geographical spread, thanks to its presence in 8 countries, as it provides various mobile communication services to more than 50 million active customers, as at the end of March of the year. 2019.

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