Founders’ Support program concludes pilot cycle with ten tech-enabled startups in Egypt
by magnitt 2020-01-17
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source: magnitt

On Thursday, the 19th of December, enpact Egypt held the Demo Day for the very first cycle of their entrepreneurial support program, Founders’ Support, at Startup Haus Cairo. Ten early-stage Egyptian startups took the stage to pitch their businesses to an audience of investors, entrepreneurs, industry experts, potential partners and customers, and entrepreneurship enthusiasts.

Founders' support is an entrepreneurial program by enpact that provides financial support and mentoring for entrepreneurs in their first year of business with the goal of allowing the founders to dedicate their full time and energy on their business venture. Founders’ Support 2019 was powered and supported by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Egypt. The goal of the program was to provide the founders with the real support they need on the ground for their first year across all aspects, from financial needs to personal and business acumen development.

The participating startups were selected out of 300 initial applicants to take part in the Founders’ Support program. They operate in a wide range of diverse sectors, including design, furniture, sports, training, recruitment, telecommunications, sustainable production, e-commerce and healthcare.

The ten startups were Furnwish, Leadership Factory, CUP, Raseedi, Pas-sport, Esorus, TechieMatter, AlMatjar, Clinprime and ElCoach.