Tag: incubation

INJAZ Egypt Competition To Provide Seed Funding For Student Startups

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As part of the INJAZ Egypt Company Program in 2011, over 1000 university students from across Egypt have formed start-up companies. On Saturday, September 24th, the top 500 of those students, organized in 22 teams from 11 Egyptian universities, will be taking part in a trade fair and will be competing for 10 seed funds plus incubation from corporations such as Mobinil, Exxon Mobil and Abraaj at “Dare to Dream: Empowering Egypt’s Young Entrepreneurs 2011“.

The “Dare to Dream” competition is an annual one that is organized by INJAZ Egypt; This year’s edition is sponsored by Mobinil, and will be held at the American University of Cairo.

The 10 winning teams/companies will receive a share of the 285,000 LE (around $US47,000) contributed by the adopting companies. The startups will also be mentored by their adopting corporation to get legally registered and become financially sound, profitable and sustainable.

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Dubai Silicon Oasis Technology Incubator To Support Startups

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Dubai Silicon Oasis, the integrated free zone technology park, has launched a new big project in the UAE, the ‘DSO Technology Incubator’.

The incubator’s goal is to support new start-ups and encourage entrepreneurs in the field of technology by stimulating the development of successful companies, and chart a new avenue for investment in technology in the Arab region.

The incubator comes as part of DSO’s hi-tech ecosystem and the six technology sectors that remain the focus of the technology free zone.

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TechWadi Marks Launch Of Entrepreneurship Initiative In Egypt

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On October 25-26th, 2010; TechWadi, the Silicon Valley-based non-profit organization working to promote entrepreneurship in the Arab world, will be hosting two days of free events that are focused on developing the entrepreneurship and innovation ecosystem in Egypt and the MENA region.

On October 25th, at the Smart Village Convention Center in Cairo, Egypt; hundreds of entrepreneurs, executives and investors will join together at the Rising Tide Forum to build their networks, discover synergies, and learn from US and regional business leaders. [Agenda]

Panel leaders will address targeted topics of direct value to entrepreneurs and investors alike: venture capital and angel financing best practices; challenges and opportunities in Egypt; the role of mentors, incubators, and entrepreneurship education; mobile and Facebook applications; enterprise software; and a host of proven strategies ready to be transplanted into the MENA region.

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ITIDA And Vodafone Egypt Launch MobileAppsAcademy For Egyptian Mobile Developers

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MobileAppsAcademyEgypt’s Information Technology Industry Development Agency (ITIDA) is partnering up with Vodafone Egypt to launch MobileAppsAcademy, a contest and a program for sponsoring developers of mobile programs and applications in Egypt.

The initiative aims at preparing a generation of talented developers and helping them generate innovative ideas conforming to the needs of the Egyptian and Middle Eastern market.

Another purpose of this initiative is to highlight Egypt as a regional hub for projects and ideas and to encourage the creation of high-quality mobile applications. It aims to work on raising the local production through encouraging and sponsoring the skills of local developers, offering opportunities for talented Egyptians and turning their ideas into real projects that can contribute to the development of the ICT sector.

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Mohammed Bin Rashid Al Maktoum Foundation & PICTI Sign MoU

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Mohammed bin Rashid Al Maktoum Foundation
PICTI

Dubai’s Mohammed Bin Rashid Al Maktoum Foundation and the Palestine Information and Communications Technology Incubator (PICTI) have signed a memorandum of understanding to work together on projects and opportunities for economic development.

Under the MoU, the two organizations will be co-operating on initiatives aiming to encourage young entrepreneurs in the region and across the Arab world and identifying promising technology projects for incubation.

PICTI will also support the Foundation’s aims of establishing an Arab Incubators’ Network, which will provide an online resource and collaboration for new businesses and other interested organizations; as well as establishing integrated resources for promoting entrepreneurial activity across the Arab world.

The Palestine Information and Communications Technology Incubator (PICTI), is an independent Palestinian organization that has been created through the initiative and support of the Palestinian Information Technology Community. PICTI and its partner organizations have as their mission the revitalization and the sustainable growth of the Information Communication Technology (ICT) sector in Palestine, through an incubation model that will offer professional business services to Palestinian entrepreneurs who have mature concepts for unique and innovative ICT products assessed to have strong market potential.

# More: ITP