Five One Labs is pleased to announce IGNITE, our very first entrepreneurship program focusing on achieving product market fit. This program will help you better understand the market you are competing in and how you can create the most value for your customers.
We are now recruiting tech-entrepreneurs from diverse communities all around Iraq to participate in this month-long program. If you are passionate about a tech-focused startup idea and want to learn the skills to turn it into a business, this program is right for you!
We will be running this program three times over the course of the coming months. Please see below for more information.
The full application for the program can be found here. Applications are due by March 27th at 11:59pm.
What do you get from joining Ignite?
Five One Labs entrepreneurs are provided with a variety of support. Our vision is to develop an inclusive network of innovators that have the support, skills, and connections to positively change their communities and countries.
We do our best to give you all the support and resources available to us. This includes:
Hands on training to help you learn the fundamentals of starting a business. There will be three trainings per week focusing on hard business skills and design thinking,
Connections to the business and tech community, investors, and mentors, along with access to marketing, design, and technical experts as you grow your business,
The full support of a world-class team of trainers, advisors, and friends at Five One Labs who will push forward to succeed
Join the growing Five One Labs community and get access to networking events and an entrepreneurial family to share the experience with!
Who is eligible to apply?
All applicants must meet the following requirements to be considered for the program:
Have the ability to read, write, and speak in English,
Have a tech-related business idea that they want to launch,
Are willing to work on their business full time (9:00am- 5:00pm from Sunday through Thursday every week) as if it were your job,
Are able to be in Sulaimani for the entirety of the program (Please note that if you live outside of Sulaimani, we have a small number of scholarships available to help cover costs of housing and transportation).
We will hold three separate Ignite programs before the launch of our full time incubator program running from September-November, 2019. Please note that although this is a standalone program, completing the Ignite program is a requirement for applying to the the full time incubator program running in September 2019.
The dates are as follows:
April 1 - 30th (Full time weekdays, Sundays through Thursdays from 9am to 5pm)
June 2nd - 30th (Full time weekdays, Sundays through Thursdays from 9am to 5pm)
July 1st - 30th (Full time weekdays, Sundays through Thursdays from 9am to 5pm)
The Five One Labs Tech Incubator
Our three-month incubator takes you through the steps necessary to turn your idea into a reality. By the end of the incubator, you will have developed a solution that fits your customers’ needs, and you will have built a working version of it (a Minimum Viable Product). You will have developed a professional-looking pitch deck about your idea and will have the opportunity to present it to Five One Labs management, mentors, advisors, and potential investors. You will have defined your business model, built connections to an incredible network of mentors and advisors around the world, and will be significantly closer to launching your business.
Graduates from the Five One Labs Incubator program will have the opportunity to compete for seed funding of up to $15,000!
Finally, we are looking for candidates from very diverse communities, including locals, refugees, and internally displaced people in Iraq. If you are not sure you are eligible or have any other questions, please email us at firstname.lastname@example.org or send us a message on our Facebook page!
Programming at The Lab:Suli is generously supported by GIZ.