Funded by the European Union in collaboration with SPARK and Flow Accelerator; UpScale aims to elevate the innovation ecosystem in Palestine by boosting the competitiveness, internationalization, and financial resilience of start-ups. Through UpScale, Palestinian entrepreneurs will be equipped with the use of business development funding, resources, global outreach, and investment matchmaking to reach worldwide expansion and build lasting professional relationships with regional and international peers and investors.
The UpScale Program works towards boosting the competitiveness of Palestinian startups through two tracks; the Validation track and the Scaling track. Each track is designed for a different startups’ persona, but the journey with the wide range of opportunities is the same for startups in both.
The Validation Track is coaching-based and will help entrepreneurs in product development, core team strengthening, team and product validation, and customer development. Startups within this track are expected to develop a Minimum Viable Product (MVP) which will help create innovative and appealing products to launch their ventures.
As for the Scaling Track, it relies on coaching on additional resources, understanding growth KPIs, developing processes for scaling various business operations, improving financials, and assisting with international expansion. By the end of this track the startups will be ready to scale up, become institutionalized and market validated that can attract successive rounds of investment.