ARAB BANK FINTECH BOOTCAMP PALESTINE
Accelerate Your Fintech Startup
Arab Bank is Hosting
Arab Bank is launching the first Fintech Bootcamp for Palestinian entrepreneurs with ideas within the Fintech industry. The bootcamp will provide entrepreneurs access to mentors, and key decision makers within the Arab Bank to fine-tune ideas to become enterprise ready. The Bootcamp will feature interactive workshops by experienced entrepreneurs delivering their know-how and insights. On the final day, participants will get the chance to present their solution on stage in front of key decision makers in the Arab Bank. The top winning ideas will receive cash rewards.
Innovation Hub, a unique co-working space connected to Arab Bank regional headquarters at Amman, Jordan, brings together startups, corporates, and ecosystem partners to drive innovation and create new partnerships that deliver meaningful business impact.
What’s in it for you
The opportunity to validate your product with domain experts in the financial service industry
Extensive support and mentorship from entrepreneurs and industry experts
1st place - $7,000
2nd place - $5,000
3rd place - $3,000
Accommodation and travel costs to and from Amman fully covered
Yes! if you fall under the below criteria
Accelerate Your Fintech Startup
We are looking for Ideas that add value to the financial services industry in which address the main challenges below but not limited to
Scoring for SMEs
Payments & Remittance
AML, KYC, Cyber Security
API Financial Economy
Mobile Service to the Unbanked
We prefer that you apply one idea. Furthermore, we will only accept one idea per team to join the program
To apply for the Bootcamp;
- Select the language in which you wish to apply with
- Fill out the application form
- Submit the application before the deadline Nov 15th 2019, 11:59 PM
Once you submit the application you cannot go back and update it. If you wish to update your application, we recommend dropping us an email through the contact us form below.
We prefer URLs to materials. Try posting to Dropbox, Google Drive, or other online file storage tools—most will allow you to send a URL from there.
Applicants will be notified about the status of their application in late November. Advancing applicants will then be invited for an interview remotely or in person in Late November. Logistical details will be shared with advancing applicants.
6. I’m concerned that if I apply, you won’t protect my intellectual property. Should I be worried about this?
We’re certainly not in the business of stealing ideas, and we treat application data as confidential information. Each year, we see thousands of applications and many of them include similar ideas. For this and other practical reasons, please don’t ask us to sign an NDA.
Ideas submitted must be relevant to the Fintech industry and addresses one or many of the challenges listed above.
Yes, you must be above 18 years old to apply to the program.
The application process begins online with an application form in which you can tell us about your team, your product, and the market you are located in. The questions are geared towards understanding both the business and the founders. Shortlisted candidates will be invited to interviews that can take place in person or remotely.
No, we can conduct the interviews via conference calls
o An idea meeting one of the challenges above
o Ideas with scalable business models
o Relevant to the Fintech industry with a strong organizational fit to Arab Bank
o A team available full-time for the Bootcamp and the Demo Day
Yes, you can submit an idea that answers multiple challenges. However, you only need to fill in one application form.
The participants that are selected based on their application form will participate in a Bootcamp in Jordan. The participants will benefit from an exceptional learning experience featuring workshops, mentorships. Furthermore, you will receive support and guidance from industry experts on refining the value proposition of the idea and validating the problem-solution fit.