What is the CZ Accelerator ‘X Scale’ & Why Should You Be Part of It?
Wednesday August 19, 2020
We believe that entrepreneurs are the primary catalysts for bringing in positive socio-economic change in a country. That is why, at Creative Zone, we started an entrepreneur incubator initiative called the CZ Accelerator Program to help innovative start-ups become successful business ventures by covering every aspect of their business requirements.
X Scale for Start-ups and SMEs
Every year, we help four of the UAE’s outstanding start-ups by investing in them and extending, 360-degree support to help accelerate their growth. If you are an SME or a start-up and have an innovative business idea, then you should consider enrolling your company into X Scale. Pitch your idea to our panel of experts and get shortlisted for our program today!
Who Can Apply for X Scale?
The application process of X Scale is open to anyone, with an existing business or an original business plan in the concept phase.
Why Enroll in X Scale?
Here are 15 Key Benefits of X Scale:
- Recognition: The subsequent recognition that will come with being chosen for the accelerator, will add tremendous value while launching the businessin
- Equity Funding: Access to capital, investors, and partners
- Fund-Raising: Support in preparing your company for fundraising
- Business Setup: One year of free company setup advice and support provided by Creative Zone
- Trade License: One year of free trade license
- Office Space: One year of free office space and meeting facilities at My Office/Creative Zone
- Banking: Free banking advice and support provided by CZ Concierge Services
- Mentorship: Access to the UAE’s best business minds. One year of free assistance and unbiased mentorship from industry experts with educational workshops, seminars, and dedicated coach provided by CZ Academy
- Hands–on Learning: Opportunities for hands-on learning with successful entrepreneurs
- Accounting & Taxation: One year of free tax and accounting support provided by Creative Zone Tax & Accounting
- Legal: One year of free legal advice
- Marketing: One year of free digital marketing and social media set up advice
- Human Resources: One year of HR Support and Recruitment by People Partners (CZ HR partners)
- Business Growth: Advice for growing your business and taking it to the next level
- Networking: Ample networking opportunities with the start-up community and all stakeholders within the ecosystem
How It Works:
The Accelerator Program has five phases as mentioned below.
Phase 1: Pre-Selection Process
- Application submission
- Selection of promising start-ups
Phase 2: Selection Pitch
- Every quarter, 20 Start-ups will be selected to pitch their business idea to the start-up X board.
- Only two start-ups will be selected every quarter to move forward.
Phase 3: Tailored Workshop & Preparation for Launch
- Training to the two selected start-ups per quarter
- Workshops on Marketing & Business Growth
- Accounting, Tax, and Legal Support
- Investor Deck and Pitch Preparation
- Access to integrated partners network
- Exposure to partnerships within the industry
- Mentorship and one-on-one coaching support
Phase 4: Demo Day & Fund Raising
- Preparation for the demo meeting based on investor interests
Phase 5: Launch
- Sponsorship of your trade license
- Business Set up and other support
If you are an SME or a start-up looking for funding, support in setting up your company, and mentorship opportunities, then don’t miss out in enrol for the CZ Accelerator X Scale. Contact Creative Zone or call us on +971 4 567 7333 or send an email to [email protected] to apply for the accelerator today!