STARTUP REACTOR IS SEEKING OUT STARTUPS!
Startup Reactor is a 5-month program aimed at supporting and accelerating startups in Egypt with a high potential for accelerated growth. 40 startups will qualify for Ignition (Bootcamp stage) and will receive mentorship and training, with up to 15 startups proceeding to Plasma stage and receiving full program benefits. The top 3 startups will be awarded 15,000 Euros in cash prizes, with further investment opportunities from Innoventures and VC4A investor network.
Main Track:Open to Startups from any industry
Digital Media Track:Powered by The Planet, covers analytics, advertising, content platform, content creation automation, e-commerce, talent management, and influencer management.
Design Track:Powered by Studio 49, covers smart objects, lighting and lighting fixtures, design tools, consumer electronics, and smart furniture design.
Computing Track: Powered by IBM, covers cloud-based networks, software, IoT, chat-bots and AI technology.
What do you get from the program?
- 5 months intensive training on business and operational skills.
- Access to office space and facilities.
- Exclusive access and mentorship from some of Egypt’s leading business personalities.
- Company registration and legal advice.
- Support services such as accounting, HR and branding/marketing.
- Demo day in front of local and international investors.
- Features in local and international media.
- Equity funding up to 300,000 EGP.
- Top 3 startups will receive cash prizes worth 15,000 Euros.
What’s the process?
Step 1: Application
Fill in the full application form. Qualifying startups may be asked to attend an interview. Be one of the 40 selected startups by the committee to advance to the next step.
Step 2: Ignition
40 STARTUPS enroll in one month bootcamp consisting of 5 coaching sessions. Be one of the 10-15 selected startups by the committee to advance to the next step.
Step 3: Plasma
10-15 STARTUPS will receive full accelerator package benefits at Innoventures HQ in Cairo. This includes mentorship, facilities, company registration and more.
Step 4: Nova
STARTUPS will get to pitch in front of potential investors, industry professionals and partners, and a chance to receive funding opportunities from other investors attending. 3 STARTUPS will be chosen by the committee to receive cash prizes for a total of 15,000 Euros!
PLUS A NEW BONUS PRIZE THROUGH AN AUDIENCE VOTE: WIN 1,000 EUROS (wow the people!)
Are you eligible?
- At least one of team members less than 35 years old.
- Based in Egypt, and willing to join the program in Cairo.
- Startup is less than 3 years in operations.
- Startup hasn’t received more than 100,000 EGP funding.
Submit your application today! Applications close 20th of January, 2018 at 11:59 PM.
Innoventures LLC was launched in 2011 as an innovation platform to bring the wealth of original Egyptian ideas to market by providing a platform catering to today’s entrepreneurs in the region. The company caught the attention of the entrepreneurial industry and community when it partnered with Google to design and execute a first of its kind program for Internet startups in Egypt. The program created widespread impact, and provided exposure to a vast network of mentors, investors and entrepreneurs.
VC4A is a platform for startup funding, dedicated to building game changing companies on the African continent and supporting the growth of Africa’s startup ecosystem. Together with Innoventures LLC, VC4A believes Startup Reactor will be a milepost in building the continent’s entrepreneurship community, expanding its international network.
|Application deadline||January 20, 2018|
|Program dates||February 1 - July 31, 2018|
|Location||Heliopolis, Cairo Governorate, Egypt|
|Sectors||Retail and wholesale, Agribusiness, Automotive, Banking, Clean technology, Computer hardware, Computer software, Construction, Creative, media and entertainment, Diversified services, E-commerce, Education, Electronics, Financial services, Food and beverage, Healthcare, Insurance, Internet, Leisure and travel, Manufacturing, Mobile, Real estate, Renewable energy, Telecom, Transport and logistics, Utilities, Waste management and recycling, Water, sanitation and hygiene|