StartEgypt is an Egyptian startup initiative to inspire and support thousands of Egyptian entrepreneurs and social impact enterprises. StartEgypt is poised to support aspiring Egyptians entrepreneurs through a myriad of entrepreneurial services and activities and rich targeted content.
StartEgypt is funded by the UK government, supported by the IFC and powered by Flat6Labs to inspire, incubate and support Egyptian entrepreneurs and social impact enterprises.
StartEgypt entails a six-month incubation programme, and grants to empower entrepreneurs in Flat6Labs Cairo’s flagship acceleration programme, and entrepreneur-focused content and activities geared towards enabling young Egyptian entrepreneurs to grow and acquire the skills to start their ventures.
Benefits:
Kicking off with a training programme to turn ideas into market-ready businesses, as well as mentorship and coaching services that complement their stage of development, the initiative will conclude with an acceleration stage by Flat6Labs, with grants of up to $25,000 per company.
Application
access_time 03 MonthsThe invitation to apply for the “Egypt Start” initiative is announced through official channels of communication (website, social media, mobile shows, etc.) which indicates the eligibility of all applicants interested in applying for the incubator program for six months. To join “Egypt Begins”, interested applicants can submit via the website a form that details the basics of their idea or their companies.
Interviews access_time (4 weeks)
Once all applications have been submitted, the ‘StartEgypt’ team carefully reviews every application (using a predefined framework) and selects the best applicants to be called in for an interview. The team further explores the applicants– who they are, why they are building a company, how well they know their market and what problem they want to solve.
StartEgypt Incubation Program access_time (6 months)
Upon being admitted to the StartEgypt Incubator program, the 30 participating teams will be partake in multiple events and initiatives that help them to tackle specific impact sectors as well as receive mentorship, coaching, technical training, corporate access and more services that allows them to build market-ready business concepts.
StartEgypt Annual Forum access_time (1 day)
An annual showcase event and the culmination of the 6-month incubation program. The teams get an opportunity to present their businesses to investors, leading business professionals, coaches and mentors. The StartEgypt Annual Forum is an excellent opportunity for the teams to expand their business connections in order to take their idea or startup to an even more advanced stage.
Post Program Support and Growth
Upon successful completion of the incubator program the teams will automatically be listed as ‘Program Alumni’ and will receive post program support that includes investment and exposure opportunities.
For More Information:
Visit the Official Webpage of the StartEgypt startup initiative 2017
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