MEDUP! Egypt

MEDUP! Fund for social enterprises in Egypt

Are you an existing social enterprise based in Egypt? Are you providing goods and services to your community in an entrepreneurial and innovative way? Are you using profits primarily to achieve social objectives?  are you in need of financing to grow and scale-up your social enterprise? If your answer is yes to all of the above,  MedUp! fund could be for you.

MEDUP! fund is a project aiming to provide financial support to scale-ups of SEs in Egypt. The main project objective is to increase economic inclusiveness and employment

The total budget for MedUp! Egypt is 130,000 Euro.

MedUp! Egypt will select approximately 13 winners who will receive grants of 5,000 to 50,000 Euro to implement their plans, in addition to the coaching and mentoring.

ELIGIBILITY CRITERIA

  1. The applicant is a registered Enterprise under any legal entity forms but with a business model/revenue streams.
  2. The proposed project is implemented in the country and relevant to the business in the national context
  3. The proposed project focuses on growing the business.
  4. The applicant is not in any way involved in activities such as arms, tobacco, alcohol and gambling industries, registered in so-called tax-havens, or involved in; environmental or human rights abuses or corruption
  5. The applicant contributes at least 35% into the financing of the proposed activity
  6. The proposed project will be implemented within 12 months after the date of the first disbursement.

Download the full description of the selection criteria and process:

MedUp! Fund Selection Criteria & Process


COMPETITION TIMELINE

WHAT DATE
Full Proposal Submission Deadline September 6, 2019
Interviews August 18- September 6, 2019
Second Shortlisting September 8, 2019
Announcement of the results September 16, 2019
Funding & Follow-up up to 1 year

The deadline for submitting the full proposal along with the required supporting documents is August 30.

Please download the budget breakdown (Excel Sheet) form from the button below, kindly send it along with the application supporting documents to medup-egypt@sekem.org.

Should you have any inquiries please send an email to medup-egypt@sekem.org.

Download the Detailed Budget Template here

Details

September 19
April 1 - 9:00 AM - May 15, 2019 - 6:00 PM
MedUP! Fund
Cairo, محافظة القاهرة, Egypt
Egypt
Agribusiness, Business services, Clean technology and energy, Construction and manufacturing, Creative, media and entertainment, Education, Healthcare, ICT, Leisure and travel, Retail and wholesale, Transport and logistics, Water, sanitation and hygiene

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