Building Muslim Leaders Shaping the Future
Virtual Accelerator Program
- Duration: 8-weeks
- Sessions: Saturdays, 8:00–11:00 AM Pacific Time.
The framework is designed to take entrepreneurs from foundational concepts to investor readiness, ensuring they have the tools and knowledge to grow their businesses successfully. In addition to streamlining their businesses, these workshops will have the opportunity for participants to connect with fellow entrepreneurs, investors, and community leaders.
Curriculum Overview
Defining the ‘Why’
Objective: Help founders articulate the purpose behind their business.
Market Research and Validation
Objective: Validate the business idea and understand the target market.
Value Proposition and Product Market Fit
Objective: Ensure that the product or service meets the needs of the market.
Business Model and Revenue Streams
Objective: Develop a sustainable business model.
Branding and Positioning
Objective: Build a strong brand that resonates with the target audience.
Marketing and Sales Strategy
Objective: Create a go-to-market strategy to attract and retain customers.
Financial Planning and Management
Objective: Understand financial management and plan for growth.
Legal and Compliance
Objective: Ensure the business is legally compliant and protected.
Building a Strong Team and Culture
Objective: Develop a team and culture that supports business growth.
Growth and Scaling Strategies
Objective: Plan for scaling the business effectively.
Creating a Pitch Deck
Objective: Develop a compelling pitch deck for investors.
Pitch Practice and Feedback
Objective: Refine the pitch through practice and expert feedback.
- Faith-Based Foundation
- Your business should align with the values and principles of the Islamic faith.
- Revenue Criteria
- Annual Revenue: Businesses should be generating up to $1 million in annual revenue.
- Stable Revenue Stream: Preference for businesses with consistent or growing revenue streams over the past year.
- Market Potential
- Scalability: Businesses should have a clear path to scaling, whether through market expansion, product diversification, or other growth strategies.
- Target Market: Companies should target a sufficiently large and addressable market.
- Founders’ Commitment
- Full-Time Commitment: Founders should be fully dedicated to their business and able to commit the necessary time to the accelerator program.
- Coachability: Founders should be open to feedback, willing to learn, and adaptable.
- Team Composition
- Team Size: Ideally, companies should have at least a small team (e.g., 2-5 people) rather than a solo entrepreneur.
- Diverse Skill Sets: Teams should demonstrate a diversity of skills that cover the major functional areas of the business (e.g., product development, marketing, operations).
- Problem-Solution Fit
- Clear Value Proposition: Companies should have a clear understanding of the problem they are solving and how their product or service addresses it.
- Customer Validation: Preference for companies that have received positive feedback or initial traction from their target customers.
- Alignment with Program Goals
- Program Fit: Companies should be aligned with the goals of the accelerator, particularly in terms of growth and investment readiness.
- Strategic Alignment: Preference for companies whose business models or sectors align with the strategic interests of the accelerator (e.g., focus on technology, sustainability, etc.).
- Growth Ambition
- Growth Mindset: Founders should demonstrate a strong ambition for growth and a clear vision for scaling their business.
- Willingness to Pivot: Companies should be open to pivoting or making significant strategic changes if needed.
- Impact Potential
- Social or Environmental Impact: Consideration for companies that have a positive social or environmental impact, in addition to financial returns.
- Community Contribution: Preference for companies that are likely to contribute positively to the accelerator community through collaboration and shared learning.
- Financial Health
- Financial Stability: Companies should have enough financial runway to last through the duration of the accelerator program and beyond, ensuring they can implement what they learn.
- Funding Needs: Preference for companies that are seeking investment or are at a stage where investment would significantly accelerate their growth.
Ready to join the AMCOB Virtual Accelerator Program?
Follow these steps to apply:
- Complete the Online Application Form: Answer questions to assess your business idea, market potential, and your commitment to the program
- Submit Your Application:Our team will review your application based on the selection criteria
- Interview: Shortlisted candidates will be invited for an interview to discuss their application in more detail
1. What is the cost of the program?
– The program fee is $1,000 per participant.
2. Who can apply?
– The program is open to Muslim entrepreneurs at the pre-seed stage of their business journey.
3. What are the benefits of the program?
– The program offers expert guidance, comprehensive training, valuable networking opportunities, and a completion incentive to help you build a successful and impactful venture.
4. What is the deadline to apply?
– Please check the application form for the current application deadline.
Apply by January 11th!
Join Virtual Accelerator Program Today
* AMCOB Members: You’re Covered! Non-Members: A Fee Applies.
AMCOB Accelerator Program Agreement
Thank you for your interest in the AMCOB Virtual Accelerator Program. Please read the Accelerator Program Agreement below, accept the conditions, and go to the payment page to complete your registration.
Website and Social Media Release:
Cohort member hereby grants permission to AMCOB to use the Member’s name, photos, and contact information for email communications, our website, and our social media posts. Member hereby releases AMCOB employees, managers, members, officers, parent companies, subsidiaries, and directors from all claims and demands arising out of or in connection with any use of said items, including, without limitation, all claims for invasion of privacy, infringement of the right of publicity, defamation, and any other personal and/or property rights. Member acknowledges and agrees that no sums whatsoever will be due to Member as a result of the use and/or exploitation of the stated items or any rights therein.
If you prefer not to be mentioned anywhere in our public communications as our member, please do let us know and we will honor that.
Arbitration:
All disputes arising out of or related to this agreement or the Member’s participation in an AMCOB group shall be resolved by binding arbitration by the laws of the State of California. The arbitration shall be subject to the Laws of the American Arbitration Association.
Changes:
AMCOB is committed to the success of its cohort members. To provide the best services to our participants, AMCOB reserves the right to make changes in dues, events, and vertical costs, as well as, policies.
Governing Law:
This Agreement shall be governed by and construed by the laws of the State of California.
Entire Agreement:
This Agreement constitutes the entire agreement between the member and AMCOB and supersedes all prior agreements and understandings, whether written or oral.
Severability:
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
NonRefundable Payments:
All payments made under this agreement are final and nonrefundable. Once payment has been made, it shall not be returned under any circumstances, except as specifically provided in this agreement or as required by applicable law. However, participants who successfully complete the Accelerator Program will be eligible for a full refund of the program fee.
Effective Date:
These updated Terms and Conditions shall become effective as of October 1, 2023.
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