In the light of three successful editions, the UAE-based social enterprise for helping entrepreneurs in the Middle East, North Africa and Turkey (MENAT) region, C3 is bringing out the fourth edition of the “C3 Impact Accelerator Program” with the support of the British multinational investment bank, HSBC.
The accelerator program targets impact-driven entrepreneurs that are contributing to at least one of the UN Sustainable Development Goals. The program addresses key milestones in the journey of impact-driven entrepreneurs and focuses primarily on supporting them to maximize their impact on society and the environment, achieve business growth, secure funding from investors and, ultimately, solve major societal challenges at scale.
“Four years later, it is inspiring to witness the new heights that C3 impact-driven entrepreneurs have reached. We are extremely excited to be launching the new edition of the C3 Impact Accelerator – powered by HSBC – and to welcome a new cohort of entrepreneurs who are working on amazing solutions to make the world a better place.”
For the fourth edition, C3 and HSBC will be selecting a total of 40 semi-finalists from the UAE, Saudi Arabia, Kuwait, Oman, Bahrain, Qatar, Egypt, Algeria and Turkey. The shortlisted participants will get the chance to attend online workshops on foundational business topics and impact deep dives with experts in the field.
In the next stage, the program will pick 20 finalists who will participate in board meeting simulations with regional and global investors and connect with experts from relevant sectors. At the end of the program, the selected finalists will gather in Dubai to pitch to investors and participate in the closing ceremony where the winners will be announced.
The winners will benefit from equity-free cash prizes and pro-bono support from blue-chip partners, such as Bain & Co and Al Tamimi & Company, as well as Amazon Web Services (AWS) promotional credits as part of the AWS Activate program. Discovery, the Media for Good Partner, will be documenting the entrepreneurs’ journey, providing them with a platform to raise awareness about their impactful missions and helping them identify new growth opportunities.
“This program is a showcase for social entrepreneurs who are innovating in fields such as environmental protection, healthcare, education and poverty alleviation, among many others, and driving the evolution of the ESG agenda across the Middle East, North Africa and Turkey,” Mr. Sabrin Rahman, Managing Director, Head of Sustainability Europe and the Middle East at HSBC stated.