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’s Public Prosecution Issues Call for Video Evidence of Fairmont Gang Rape Case

Egyptian StreetsFebruary 24, 2021

Egyptian Aged 40 or Older? You Can Register for COVID-19 Vaccination This Month

Egyptian StreetsFebruary 24, 2021

Egyptian Ministry Establishes ‘Equal Opportunity Unit’ to Promote Gender Equality and Counter Discrimination

Egyptian StreetsFebruary 22, 2021

Tamer Amin Show Suspended For Offensive Commentary on Upper Egyptians

Egyptian StreetsFebruary 20, 2021

Egypt’s Dar Al-Iftaa Launches ‘Birth Control is Permissible’ Hashtag to Counter Overpopulation

Egyptian StreetsFebruary 18, 2021

Biden Administration Announces $197 Million Arms Deal with Egypt

Egyptian StreetsFebruary 17, 2021

KSA Issues Shock Decision With Potential Business Impact on Egypt and the Region

Amina ZaineldineFebruary 17, 2021

Egypt’s COVID-19 Deaths Pass 10,000 Mark

Egyptian StreetsFebruary 16, 2021