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 Military Officers May Receive Immunity Over 2013 Muslim Brotherhood Crackdown

Sabah KhodirJuly 17, 2018

Foreign Residents To Be Granted Egyptian Nationality For a Deposit of 7 Million LE

Mirna AbdulaalJuly 16, 2018

Case Of Three Slaughtered Children Found in Plastic Bags in Egypt Solved

Sabah KhodirJuly 16, 2018

New Administrative Capital Will be Egypt’s First Smart City

Mirna AbdulaalJuly 15, 2018

Six Egyptians Selected Among Young Africans for Obama Leadership Program

Egyptian StreetsJuly 15, 2018

Egypt’s Two Female Weightlifters Win Gold Medals at IWF Junior World Championships

Mirna AbdulaalJuly 14, 2018

Qatar 2022 World Cup Date Moved to November-December

Egyptian StreetsJuly 14, 2018

New Draft Law Proposed by Parliament Member to Execute Child Kidnappers

Mirna AbdulaalJuly 13, 2018
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.