impactU
is a fantastic opportunity for you to develop a change maker's mindset while learning and practicing the skills, tools and approaches used by the world's leading social entrepreneurs.
impactU will guide you on a deeply impactful journey from initial idea to game-changing start-up.
Examples of some of the things you will learn on the impactU journey:
- the key elements and approaches of human-centered design
- creative thinking approaches to problem solving
- gathering user-centered insights
- ideating and building and testing prototypes
- refining your solution through iteration
- methodologies for building and maintaining mentor relationships
- identify and validate key assumptions
- build a basic budget and financial model
- developing a theory of change
- exploring the right legal structure
- how to develop effective marketing and financial strategies
- building partnerships
- measuring impact
impactU Strategic Pillars
Services provided by impactU:
Seed grant up to SR 70,000
Top-quality startup training program with top mentors and entrepreneurs.
Exposure to national and international workshops and exhibitions
Free services from our partners up to SAR 555,000
Support in business development with all the help from stc’s infrastructure
Access to an office space and a motivating environment
The program spans for 5 months
Selection Process
1. Application Phase
2. Selecting 50 startups
3. Selecting best 15 startups
4. Bootcamp Phase
5. Pitching in front of the judges committee
6. Announcing the 5 incubated startups