News

Egyptian Startups Win Top Three Spots, EGP 320,000 in Grants in Entrepreneurial Competition

Egyptian Startups Win Top Three Spots, EGP 320,000 in Grants in Entrepreneurial Competition

Photo: Nayrouz Talaat
Photo: Nayrouz Talaat

Three Egyptian startups cinched the top three spots in the “Startupper of the Year 2016 by Total” competition last week, landing a total of EGP 320,000 in financial grants.

The winners of the competition were rewarded for their innovative ideas to solve critical issues in the health and agricultural sectors, as well as the social life of persons with disabilities, making the winning pool of projects highly diverse.

Ahmed Abbas, whose Sun City Energy Project landed the top spot in the competition, developed efficient solar-powered water pumps to meet the needs of five million Egyptian farmers.

Meanwhile, the second winner Ahmed El Keiey, said that his project, Tech for Cause, is based on the idea of connecting patients to healthcare resources in order to facilitate access to healthcare.

Amena El Saie and Ramez Maher, the third-place winners, said that their project, Entaleq, is a website and application designed to allow persons with disabilities to identify the places that are easily accessible and suitable for their needs.

The competition, which is part of a responsibility taken on by international oil company Total to support socioeconomic development in Egypt, awarded grants of EGP 160,000, EGP 90,000 and EGP 70,000 to the first, second and third place winners, respectively.

The entrepreneurial scene is currently growing in Egypt in parallel with a number of supporting initiatives from both the private and governmental sectors to accelerate the growth of innovative and entrepreneurial ideas.

“Egypt’s startup industry is one of the fastest growing in the region, if not the world. There is great potential for Egyptian entrepreneurs provided they have access to finance and technical support,” said Ian Lepetit, Managing Director of Total Egypt.

The winning projects beat 120 competitors from 34 African countries, including Algeria, Angola, Burkina Faso, Ethiopia, Gabon, Madagascar, Namibia and South Africa, among others.

Australia Warns 'Terrorists May Seek to Target Cairo' During Sham El-Nessim
UAE Pledges $4 Billion to Support Egypt's Economy, Central Bank

Subscribe to our newsletter


News

Nayrouz Talaat is an Egyptian journalist and a reporter for many years. She is currently an editor at The Egyptian Gazette newspaper, an ex-contributor to Aswat Masriya English section and Reuters alumni. Nayrouz also loves reading, walking, watching movies and capturing people's stories.

More in News

ISIS Attempts to Erupt Sectarian Violence Between Egypt’s Muslims and Christians: Al-Sisi

Egyptian StreetsMay 26, 2017

Egypt Bombs Terrorists in Libya Following Massacre of 28 Coptic Christians in Minya

Egyptian StreetsMay 26, 2017

Egypt Identifies a 2-Year-Old as the Youngest Victim of the Minya Bus Attack

Egyptian StreetsMay 26, 2017

Daily News Egypt Confirms Technical Issue with the Website

Egyptian StreetsMay 26, 2017

28 Killed, Including Children, in Attack on Bus Carrying Coptic Christians in Egypt’s Minya

Egyptian StreetsMay 26, 2017

Head of Supreme Council for Media Approves the Ban Decision of the 21 News Websites

Egyptian StreetsMay 25, 2017

Mada Masr Publishes Content on Social Media Temporarily in Face of News Websites Ban

Egyptian StreetsMay 25, 2017

Egypt Pours €360 Million into Renewing Alexandria’s Tram Network

Egyptian StreetsMay 25, 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 Egyptian Streets. All Rights Reserved.