News

Nine Egyptian Projects Qualify for Semifinal Round of MIT Arab Startup Competition

Nine Egyptian Projects Qualify for Semifinal Round of MIT Arab Startup Competition

Photo: MIT Arab Competition
Photo: MIT Arab Competition

Nine Egyptian startups have qualified for the semifinal round of the 2014-2015 MIT Enterprise Forum Arab Startup Competition, one of the Arab region’s biggest entrepreneurship competitions.

The shortlisted Egyptian projects include Mumm, virtual reality game EpicVr, styling service Hendaam and Sun City Energy.

The winners of the competition will be announced in April, following a bootcamp that is scheduled to be held in Saudi Arabia, Egypt, Jordan, Tunisia, and the United Arab Emirates.

Over 1,500 entrepreneurs from 21 different countries in the region have submitted their projects to the competition. The top three teams will be awarded USD 50,000, USD 15,000 and USD 10,000, respectively. In addition to the prize money, all qualifying teams will have access to training, coaching, mentorship and opportunities to expand their connection networks.

At last year’s competition, Lebanese startup Colorbug won the startups track, while Egypt’s Kotobna was selected as the winning project of the ideas track. Tahrir Academy, the Egypt-based project aiming to provide the country’s youth with engaging learning experiences, was a runner-up in the competition’s social entrepreneurship category.

Bridge Collapse in Alexandria Leaves 3 Dead
Previously Detained Egyptian Journalist Hossam Bahgat Barred From Travel

Subscribe to our newsletter


News

More in News

Egyptian Man Stabbed to Death for Defending Woman From Harassment

Egyptian StreetsJanuary 23, 2019

Rami Malek Scores First Oscar Nomination

Mirna AbdulaalJanuary 23, 2019

Giza Governorate to Demolish Illegal Buildings in Nazlet El-Semman Near Giza Pyramids

Egyptian StreetsJanuary 22, 2019

Vacating Cairo: 50,000 Public Sector Employees to be Transferred to Egypt’s New Capital City by 2020

Egyptian StreetsJanuary 22, 2019

Egyptian Lawyer Files Lawsuit Against TV Presenter Over Gay Man Interview

Egyptian StreetsJanuary 21, 2019

Maadi Residents Angered by the Tree Massacre

Egyptian StreetsJanuary 20, 2019

In Photos: Massive Sandstorm Turns Cairo Orange

Egyptian StreetsJanuary 19, 2019

Mercedes-Benz Assembly Plant to “Improve Egypt’s Investment Climate”

Egyptian StreetsJanuary 19, 2019
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2017 Egyptian Streets. All Rights Reserved.