What We Offer
For each startup we select and pass the needed KPIs, we invest 50,000 SAR in seed funding in exchange for minor equity in the company. This seed funding is to help startups cover their early expenses during the program and to help attempt define their product, develop their core application, and commercialize their enterprise. Our seed funding serves as a critical catalyst to specific milestone achievement, whether it is follow-on funding, first customers, or another significant breakthrough in the company’s growth.
We provide 4-6 months of top-notch mentorship, strategically linking each team with established mentors in their field. Mentorship includes help with logistics, technical issues, attracting a customer base, hiring employees, and presenting yourself well to investors. When faced with a critical decision, every entrepreneur needs a little help and guidance. We understand that making mistakes is natural and part of the learning curve, but we also firmly believe in the benefits of learning from other peoples mistakes. That is why we believe in the power of focused mentorship, and sharing knowledge and experience openly, bluntly, and honestly.
We provide our entrepreneurs with up-to-date focused training sessions from industry experts, corporate leaders, and academic partners in order to transfer some of the best practices, tools, and resources available out there for our startups to develop and scale in such a competitive global market.
Getting good legal advice can be costly and time-consuming for any startup. Thats why we have a team of lawyers specialized in dealing with startups, to provide our entrepreneurs with legal consultation, support, and services. This legal support comes in the form of company establishment, legal contracts, agreements, and IP.
We provide our startups with a state-of-the-art office space, and a chance to work side by side with other entrepreneurs at a similar stage. Our offices use the best practices from co-working hubs across the globe, and is an open, flexible space designed to facilitate interaction and productivity. Asides form the physical space, working at our office our includes access to an ever-growing network of entrepreneurs, investors, business and technology services, partners, and more.
It’s hard to build a successful business, and it’s even harder if you’re not plugged into a community of people who can become mentors, partners, investors, developers, customers and friends.
Our ever-expanding network is the backbone to our entire program. Our relationship with various local and international industry experts, companies, CEO’s, managing directors, academic institutions, innovators, media, service providers, governmental entities, NGO’s, etc., has led to a vast web of support and expertise that we tap our entrepreneurs directly into. Nomow puts a brand name behind your startup, helping you get the exposure you need to grow and develop.
Nomow Seed investment program has invested in many innovative entrepreneurial startups and incubated a lot of potential disruptive entrepreneurs. Our environment is characterized by an atmosphere of pleasure and enthusiasm during the various activities maintaining excitement, despite all the difficulties, challenges, and pressures. We believe that a productive, fun, collaborative environment is a key for any success, simply a healthy productive environment is all what startups need.