Entrepreneurship Week achieved 13 teams winning over 100,000 MAD from 11 AUI business angels. The purpose of Entrepreneurship Week is for students' startups to connect with the marketplace mentors and business angels who invest so students can reach the next step in their startups: move from idea to prototype, from prototype to to minimum viable product or begin scaling in the marketplace, selling to multiple customers.
This 4th Edition was AUI's largest edition with three rounds. The first round hosted 124 student teams in intense Rapid Ideation Sessions for 8 days with 3 entrepreneurial Coaches. During these Rapid Ideation sessions, students from social sciences, business and engineering received expert coaching and practiced how to explain their ideas. After completing Rapid Ideation, the coaches passed 46 teams to the second round: Speed Mentoring round. During Speed Mentoring, students spent 2 days with 25 mentors in-residence receiving invaluable advice about customers, markets, pricing, and competitors. The Mentors-in-residence then selected 11 teams to continue to the 3rd and Final Round: The Angel Round. During the Angel Round, 11 teams had to explain what they needed to progress their startup to the next level: finances, customers, suppliers.
The business angels came from France, USA, and Morocco. They were all impressed with the startups' prototypes and enthusiasm of the groups. Christophe Marret, the newest Business Angel who awarded 4 teams 40,000, said "I am from France, so I can't give more mentoring than this week. But I believe these startup ideas should go forward so I want to fund them to get to the next step of their ventures."
The startup winning the most angel funding was DyslexAI by Adam Dokmak. The Angels were impressed with the social impact, the innovation and awarded him 20,000 to continue prototyping, branding and prepare to enter the UK and Moroccan markets.
Other Startup Teams winning funding and/or mentoring and connections to customers were: