FasterCapital – Virtual Incubator Open For Entrepreneurs announces the second round of investments

 

FasterCapital (a virtual incubator based in Dubai, UAE) has launched its second round of funding for 2016 which has begun on 15th of March, 2016 and ends on 16th of Apr, 2016. The first round of funding (which ended on 19th of Feb, 2016) has attracted more than 800 entrepreneurs from more than 80 countries.  50 startups were accepted into the acceleration program.

faster capital logo

FasterCapital will release the names of the accepted startups on its website an the incubator hopes that the message will reach a wider audience of dedicated and enthusiastic entrepreneurs who seek both capital and incubation.

Each startup goes through three level of assessment: Business, Financial andTechnical.

The study will be communicated back to the entrepreneurs so that they can take such study in the development of their startup. Entrepreneurs will get (for free!) an extra professional opinion about their startup, potential obstacles and ideas for improvement! All accelerated companies will receive services such as mentorship, marketing study, feasibility study, technical consultation, new sales channels and financing.

FasterCapital offers two programs: “Acceleration Program” and“Incubation Program”. In the “Acceleration program”, FasterCapital will provide mentorship, access to capital and extra consulting services (legal, technological and marketing) to Entrepreneurs. What distinguishesFasterCapital is its “Incubation Program” which might appeal to non- technical entrepreneurs. FasterCapital will become a co-founder (technical cofounder) and co-funder (as one of the first investors) and will provide technical development per equity (up to $500k for each startup).

The “Incubation Program” might also appeal to tech entrepreneur who seek some help in covering some of the early investment in the startup. FasterCapital has more than 100 internal developers with different skillsets who are already working on multiple projects.

Startups can apply to join our Virtual Incubator at:http://www.fastercapital.com/entrepreneurs.html

FasterCapital is a virtual incubator based in Dubai Internet City, UAE.FasterCapital has more than 18 startups that have graduated already and22 pending incubation.

Contact info

Name: Mr. Faisal Khamees

VP of Operations at FasterCapital

Phone: +971 5558 55663

Name: Mr. Terry Crospy

Mentor & Investor at FasterCapital

Phone: (512) 400-0256

Name: Mr. Adrian Niculescu

Regional Director Uk & Romania

Phone: (Uk)  00447908045387     (Ro) 0040 725 388 605

E-mail: adrian.niculescu(at)fastercapital.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s