As the entrepreneurial ecosystem continues to grow in Egypt, many initiatives and savvy solutions are emerging with hopes to empower want-to-be start-ups, and enable them to successfully penetrate the world of business and maintain steady growth therein. In an endeavor to form another stepping stone for blossoming start-ups, serial entrepreneur Riham Abu Elinin introduced BznsBuilder, a platform through which future entrepreneurs, mentors, experts and investors can exchange experiences online. In June 2015, BznsBuilder came in first place at the Global Innovation Competition held by the US Department of State out of 800 projects from 137 countries. Although still in its testing phase, the platform now hosts 120 trainees who have been selected for the initial activation based on proposed business plans. For six months, the selected platform users will be mentored on how to build a clear and documented path towards business success. The official launching of the platform is expected to take place in March 2016, making BznsBuilder available for the entire market. The new initiative depends on using the technology of cloud computing – the practice of using a network of remote servers hosted on the internet to store, manage and process data, rather than a local…
