Zain Jordan Launches a Startup Incubator for University Students: Ibda3
Zain Jordan a branch of one of the largest mobile operators in the world has announced launching Ibda3 program; Ibda3 an incubator program for youth between 18 to 25 years old.
Zain’s website says that the program provides “highly combined business development processes, tools & specialists, teamed up to nurture and support the early stages of new and small innovative telecom related ideas and transform them into successful business models. ”
The Selection process goes into stages:?”Stage 1: Reviewing the application and selecting the candidates upon the criteria ?Stage 2: The candidates will be presenting their innovative ideas to the committee ?Stage 3: Selecting the most innovative ideas ?Stage 4: (Pre-incubation): Preparation stage; this stage will provide the selected ideas with the proper business guidelines, training, research and analysis. ?Stage 5 (Incubation): Project development phase ?Stage 6: Establish a company and launch to market.”
The program application deadline is May 11, 2010 with more info on Zain’s website. Though the website does not reveal any specifics if the program will provide funding, space, or just labs and mentorship.
I tried to call Zain just now, but it seems working hours has ended, however I emailed Zain’s CEO Dr. Abdul Malik Jaber requesting more info.