Berlin meets Cairo
Cairo | RiseUp Summit | December 2016
The startup scene in Egypt is filled with energy, passion and potential. The local scene started with some individuals who had a vision and saw an opportunity in investing in early-stage Egyptian entrepreneurs and startups. They formed institutions like Cairo Angels, Flat6Labs, Injaz, 138 Pyramids, and Egypreneur whose role it was to provide every kind of support to those people trying to make it on their own. Then, other organizations and people became interested in being part of the movement – MC Egypt, Startup Weekend, Google, Microsoft etc.
The key ecosystem stakeholders started working together and the first RiseUp Summit came to life, as the first and largest crowdsourced entrepreneurship event in Egypt. Finally, the momentum was there! International key-players – such as enpact – and investors started looking at Egypt as an entrepreneurship hub in the region, with enormous potential. The robust and collaborative ecosystem acts as an accelerator for startups, and increases their chance for survival and growth. When people with the same interests and vision but different applications come together, they form partnerships, make investments, create business opportunities, exchange experiences, and thus, the entrepreneurial culture will flourish.
This is exactly what RiseUp is trying to do: grasping that momentum to glue the ecosystem together and create a just and productive society, while being inclusive, neutral and transparent. (Source: Wamda Research Lab, Enhancing Access, October 2014)
Delegation Trip Kick-off
enpact booth at RiseUp 2016
Emergency Mentoring at RiseUp 2016
Meeting with an investor