Cairo Angels, an investment network just partnered with Egypt’s EGBank to launch MINT Incubator, an intensive three-month program that’s designed to accelerate the growth of startups.
The program is zero-equity and startups will not be in debt once the program is over. Participants will benefit from various tools and services that will help them scale up, this includes providing a startup with office space at EGBank’s co-working space in downtown Cairo.
Additionally, the MINT Incubator will facilitate a number of networking sessions with key ecosystem stakeholders and will conclude their program with a demo day where entrepreneurs will be pitching their startups to regional investors.
Aly El Shalakany, Chairman of Cairo Angels expressed his excitement partnering with EG Bank، saying: “We are very pleased to have partnered with EGBank to introduce this unique programme to the Egyptian ecosystem.
He furthermore stated that this program aims to help startups grow: “We have leveraged our know-how as active investors in startups to identify where startups need help and we have worked with EGBank to bring in best in class partners, mentors, and advisors to address these gaps head-on. The programme is designed to give selected startups the best opportunity to accelerate their business and attract future funding.”
Suzanne Wardani, head of youth banking at EGBank, commented on the partnership: “Combining our resources with Cairo Angels, the programme will provide technical knowledge, expertise, networking opportunities and an inspiring environment to push selected startups to the next level.”
What are you waiting for? Hurry up and apply to the MINT Incubator here! Applications are open until February 8.
For more information, read here.