According to enpact’s Startup Friendliness Index, Cairo’s entrepreneurial ecosystem is facing many challenges, including a lack of accessible expertise, finance, and support services to help founders take their business ideas to the next level. Tourism growth is evident with figures showing that nearly 9 million tourists visited Egypt in 2018, up from 5.4 million in 2016. Emerging technologies such as Blockchain, Artificial Intelligence, and Virtual Reality open up new market opportunities in the sector.
Travel Tech 4 Good Accelerator
The acceleration programme provides up to six selected startups and their team of founders with professional training, office space, mentoring, and financial services to grow their businesses. Knowledgeable national and international mentors deliver training and strengthen the network of the startups among other entrepreneurs, investors, and business partners. The acceleration programme takes place in enpact’s workplace hub, Startup Haus, in Cairo from September through the end of November, 2019, and will culminate in a demonstration day and competition in early December of this year. The winner will receive a financial reward, and access to a wider network of international investors and potential clients.
01.07.2019 - 31.12.2019