Arcoten, the pan-arab focused entrepreneurship development and venture foundry has announced the launch of Arcoten Accelerate , the virtual venture acceleration program. The program was adapted and based on Steve Blank’s customer development based startup model. A model around founders – early on – getting out of the building to validate business models by engaging with customers before investing time and money to build their full product and service offering. Unlike what startups are used to in the investment scene in the region, Arcoten Accelerate reduces the risk by not asking founders to build a 50 page plan or seek investment before helping them discover a repeatable and scalable business model. Arcoten Accelerate is a 9 week Acceleration program aiming to turn an idea into a validated scalable and repeatable business model, with the option of enrolling in an extended 9 month version of the program, where completing the product and service offering and building the venture is all done during the program.
