RISE UP – HSEVEN

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RISE-UP START

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RISE-UP IDEA

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EMPOWER MOROCCAN ENTREPRENEURS TO CONVERT IDEAS INTO HIGH IMPACT STARTUPS

HSEVEN RISE-UP

is an intensive, results-oriented 6-month incubation program designed for high-potential entrepreneurs.

During the program, serial-entrepreneurs and experienced mentors will help you validate your proof of concept, design your growth model, ignite your business and team, set up your processes and KPIs, market your offer, sign your first contracts, and raise your first seed fund.

YOU....

YOU ARE 2+ ENTREPRENEURS¹
YOU ARE INNOVATIVE
YOU ARE RESOURCEFUL
YOU ARE FEARLESS

YOU HAVE AN IDEA
YOU HAVE WHAT IT TAKES TO BE FOUNDERS

HSEVEN WANTS YOU

PROGRAM FEATURES

01

RISE-UP IDEA

200.000 Dhs GRANT²
7 DESIGN SPRINTS
UP TO 12 CUSTOM-MADE MENTORING SESSIONS
12 WEEKLY ROADMAP
EXECUTION MEETINGS
$ 8.680 AMAZON – AWS³
3 MONTHS CO-WORKING⁴

02

RISE UP RE-START

500.000 Dhs HONOR LOAN⁵
12 WORKSHOPS
UP TO 12 CUSTOM-MADE MENTORING SESSIONS
12 WEEKLY ROADMAP EXECUTION MEETINGS
$ 15.680 AMAZON – AWS⁷
3 MONTHS CO-WORKING⁴

KEY RESULTS

01

RISE-UP IDEA (3 months)

VALIDATE PROOF-OF-CONCEPT
BUILD PROTOTYPE
TEST WITH USERS
DESIGN BUSINESS MODEL

02

RISE UP RE-START (3 months)

BUILD TEAM
LAUNCH STARTUP
SIGN FIRST CUSTOMERS
RAISE SEED FUNDS

PARTNERS

One of the key strenghts of our program is our Partners: Fabernovel, a global innovation firm in 9 offices over 3 continents committed to empowering companies to create the future; PricewaterhouseCoopers (PWC), one of the world’s most influential professional services firm; and L’Ecole Centrale, one of the top engineering schools in the world. Our partners will provide our startups with access to expertise, networks, markets, and investment

Be our partner

Banque Populaire

Fabernovel

Strategy&

Upline Alternative Investments

Triple Jump

Ecole Centrale Casablanca

Pricewaterhouse-Coopers

Dutch Good Growth Fund

Afric'innov

AfriLabs

Tamwilcom

MORE DETAILS...

1 At least two co-founders or more and a Morocco-based startup.

2 The co-founders can apply for a 200 000 MAD grant (Subject to fulfilling the eligibility conditions of la CCG). No equity is required.

3 The founders will have access to Amazon Web Services solutions:

$3,000 for the “AWS Promotional Credit” solution (valid for 2 years)
1 year subscription to “AWS Business Support” (up to $5,000)
Access to AWS Technical and Business Essentials training platform worth $600 per course
80 credits for the “Self-Paced Labs” offer valued at $80.

4 The 2 founders will be hosted at HSEVEN MARINA campus for 3 months.

5 The founders can apply to a 500 000 honor loan. No equity is required. No interest rate is applied. The honor loan convert on an interest free loan, and a 2 years deferred reimbursement, if the startup is successful. ( Subject to fulfilling the eligibility conditions of la CCG. )

6 The founders will have access to Amazon Web Services solutions:

$ 10,000 for the “AWS Promotional Credit” solution (valid for 2 years)
1 year subscription to “AWS Business Support” (up to $5,000)
Access to AWS Technical and Business Essentials training platform worth $600 per course
80 credits for the “Self-Paced Labs” offer valued at $80.

7 The RISE-UP Idea program is valued at 100 000 MAD.

8 The RISE-UP Start program is valued at 240 000 MAD including taxes. Startups can benefit from a Maroc PME financing of 135 000 MAD.

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ELIGIBILITY

Do I need an idea ?

Yes, you need to have an innovative idea.

Can I apply if I don't have a team ?

We believe that startups with 2 founders and more have more chances to succeed. RISE-UP is built for projects carried by two or more entrepreneurs. If you are solo founder, we strongly suggest to find a co-founder.

How and when do I apply ?

You can apply online at any time until June, 30th 2020.

I don't have any experience in a startup can I still apply ?

Yes sure. If you have an innovative idea, you are ambitous and fearless, you can do it!

Will we get feedback if we are not selected ?

Yes, you will get feeedback from our Selection Committee.

I am a full time student. Can I apply to the program ?

Unfortunately! We don’t select full-time students.

Can I apply to the program if I am not moroccan ?

Yes if the startup is legally under Moroccan law.

PROGRAM

How do you select startups/projects for the program?

We have an International Selection Team composed of Serial Entrepreneurs, Experts, Mentors, and Executives that will evaluate each Idea based on the following criterias: Team, Innovation, Impact, Scalability, etc.

When does the program start and how long does it take?

RISE-UP IDEA will start on September, 1st 2020.

RISE-UP START will start on July, 15th 2020.

Each program lasts 12 weeks.

What are the conditions to benefit from the 200.000 Dirhams grant?

A 200.00 Dirhams grant per startup for 2 or more founders, subject to the following conditions:

The project leader is of Moroccan nationality or the startup is under Moroccan law,
The project must be qualified as innovative,
The project has potential for creating economic value and jobs,
The partners / shareholders must be natural persons,
Partners / shareholders must hold significant shares in the company:

- For the case of an LLC, at least 2 partners must each hold a share strictly greater than 25%,
- In the case of an SA, at least 2 shareholders must each hold voting rights in excess of 33.34% of all voting shares of the share capital.

What are the conditions to benefit from the 500.000 Dirhams honor loan?

An honor loan of 500.000 Dirhams per startup for 2 or more founders, subject to the following conditions:

The project leader is of Moroccan nationality or the startup is under Moroccan law,
The project must be qualified as innovative,
The project has potential for creating economic value and jobs,
The partners / shareholders must be natural persons,
Partners / shareholders must hold significant shares in the company:
- For the case of an LLC, at least 2 partners must each hold a share strictly greater than 25%
- In the case of an SA, at least 2 shareholders must each hold voting rights in excess of 33.34% of all voting shares of the share capital.