Fostering the next generation of social entrepreneurs
in the Middle East in partnership with
Sharjah Entrepreneurship Center
The center enables a new generation of entrepreneurs, whilst making Sharjah an entrepreneurship hub for the region. Crescent Enterprises has partnered with Sheraa to launch its social entrepreneurship track.Sheraa has 5 programmes through which it provides its support:
An 8-week programme that helps founders build a unique and validated business model by identifying and working with their target customers to get first-hand insight on how to create and deliver value to them. To date, 163 ideas have been validated.
This programme is meticulously designed to guarantee founders achieve product-market fit and early traction in 18 weeks. By marrying market research and product development functions, founders get a first-hand experience on how to develop a minimum viable product. 46 Viable Products have been developed to date.
This intensive 6-week programme focuses on getting start-ups ready for seed investment. The start-up’s marketing and sales growth is hacked to achieve the desired hockey-stick like growth. This is attained by optimising the channels necessary for customer acquisition and pirate metrics. 52 experiments ran by 5 start-ups since programme’s inception.
This programme focuses on business growth drivers: strategy, cash, processes and people, expanding impact, and becoming ready for Series A investment. It helps Series A teams to connect and work closely with government organisations and private companies. 174 connections made for Series A start-ups.
Sharjah Entrepreneurship Festival (SEF) 2018 was attended by more than 3,000 people with a 50% growth rate from SEF 2017, making the festival the fastest growing entrepreneurship event in the region. More than 75 exhibiting start-ups participated in the festival.
Sheraa was able to obtain an 80% reduction in licensing costs for start-ups from Sharjah Media City (Shams).