Startups

To support the development of new startups with innovative products/services addressing energy, water and/or resource efficiency in Egyptian Industries, financial as well as non-financial support will be provided to 10 startups selected through this open call.

The selection process will depend on: a) Current online submission (including business plan assessment and budget), and b) Business presentation/pitching.

Selected startups will go through an incubation phase for about 12 months where seed funds (up to 15,000 Euros) will be offered to cover for activities such as product/service development, marketing, staff cost, testing & validation, etc. The total amount of financial support will be defined according to the startup Business Plan, Business Model (including costs, revenues & risks), value proposition and marketability, and business implementation activities.

 

In addition to financial support, incubated startups will also benefit from the other services/facilities that would enable them to develop their business in an entrepreneurship conducive environment, including;

  • Designated co-working space
  • Business mentorship and coaching
  • Networking and access to selected events to showcase their products/services
  • Training in business-related topics

The selection process is transparent, impartial and apply equal opportunity measures. Females and minorities are encouraged to apply.

Sorry!!!  The Competition has ended

Please keep your eye on the website for any further competitions

The short-listing committee will meet to discuss the applications that were received.