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

Egypt Parliament Expels MP Critical of Government

Egyptian StreetsMarch 1, 2017

Russia, China Veto Resolution Imposing Sanctions on Syrian Regime, Egypt Abstains

Egyptian StreetsFebruary 28, 2017

Cairo’s Population to Be the Fastest Growing across the World in 2017

Egyptian StreetsFebruary 28, 2017

Egypt Refuses Entry to Top Palestinian Leader, Deports Him to Jordan

Egyptian StreetsFebruary 28, 2017

Egypt’s Christians Live in Good Conditions, Freely Exercise Rituals: Angela Merkel

Egyptian StreetsFebruary 27, 2017

Egypt Parliament Rejects Calls to Abolish Death Penalty

Egyptian StreetsFebruary 27, 2017

Moonlight’s Mahershala Ali Becomes First Muslim Actor Ever to Win an Oscar

Aya NaderFebruary 27, 2017

Egyptian MP Files Motion to Extend Presidential Terms from 4 to 6 Years

Egyptian StreetsFebruary 26, 2017
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 ES Media UG. All Rights Reserved.