The ACIE PowerUp Incubation Program

Welcome to PowerUp, an adapted six-month incubation program designed to provide 18 tech-oriented startups with the essential resources to launch and grow their businesses.

The program includes a boot camp, individual and group coaching, technical assistance vouchers, mentor match-ups, and a cash grant of $2000 to turn prototypes into ready-to-market products.

Applications for the PowerUp Incubation program by ACIE are now open!

Apply by September 2 2024

PowerUp in Numbers

Startups
0
Experts
0
Technical Assistance
0 +
Total Grants
$ 0 K
Digital Perks
0 +

Our Program

PowerUp Offers Many Resources That Will Guide You to Move From a Prototype to a Market-Ready Product Through Seven Key Components.

Bootcamp

3-day boot camp on how to turn your prototype into a market-ready product.

Individual & Group Coaching

Tailored coaching with experts to tackle your startup’s challenges.

Startup Huddle

Networking opportunities with successful entrepreneurs to learn from their experiences.

Technical Assistance

Support for product development and technical challenges, based on assessments.

Grant Disbursement

$2,000 cash grant to move from prototype into an MVP and building your brand.

Digital Perks

  1.  600+ tech perks and development tools, to support your startup’s growth.

Is this Program for You?

The ACIE PowerUp Incubation is Tailored for Every Startup Need

To qualify for PowerUp, you should have completed your validation and developed a prototype (low, medium, or high fidelity)

A tech component is preferred but not mandatory.
If you have a:

  • team of 2 to 5 members
  • validated solution
  • prototype is available
  • multidisciplinary and complementary team
  • commitment to a 6-month program
  • startup operating in Lebanon
Apply Now

Timeline

July 1
Applications Open
Apply
July 22
4 PM - via zoom
Info Session
Watch the recording
August 1st
4 PM - USEK
Small Talk with Industry Expert
Watch the recording
Aug 30 - Sept 1
USEK
Hackathon
Register
September
Selection Interviews

Recordings

PowerUp Info Session Recording

PowerUp Small Talk: From Vision to Venture with ‘Forbes Under 30’ entrepreneur Hasan Jaafar

Frequently Asked Questions (FAQ)

What is the ACIE PowerUp Incubation Program?

The ACIE PowerUp Incubation Program is a six-month, tech-oriented incubation program designed to support startups in moving from prototype to market-ready product stage. It provides a comprehensive suite of resources, including coaching, technical assistance, grants, and access to a wide array of tech perks.

Who is eligible to apply for PowerUp?

Startups with a team size of 2 to 5 members who have completed market validation and developed a prototype (low, medium, or high fidelity) are eligible to apply. While a tech component is preferred, it is not mandatory for application.

How can I apply for the ACIE PowerUp Incubation Program?

Applications open on July 1st, and interested startups can apply by visiting our website and completing the online application form before the deadline on September 2, 2024.

How will startups benefit from the cash grant?

The $2,000 cash grant is intended to assist startups in advancing from the prototype stage to developing a minimum viable product (MVP), helping them in initial branding efforts and market entry strategies.

What happens after the program ends?

Upon completion of the PowerUp Incubation Program, startups are equipped with the skills, resources, and network connections needed to advance. They will have the opportunity to meet with the ACIE board in a boardroom setting, where they receive advisory guidance. Successful startups may then transition to an accelerator phase, continuing their journey toward growth and market success.

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