After four years of success for the Tatweer Misr Innovation Competition, we are excited to announce round 4. We have been hosting our competition to look for bright minds that can provide us with unique and innovative solutions for our challenges. Tatweer Misr has set 2 tracks for submission this year, Existing Startups & Ideation Stage Entrepreneurs.
In light of the current socio-economic situation, the call for applicants is open to innovators and entrepreneurs, individuals and teams, with innovative solutions that are adaptive, resilient, and transformative to the Real Estate sector. It is recommended that these solutions take into account the new normal circumstances as a result of COVID and the rising need for digital products and processes, socially-distanced practices, changing behaviors in spending patterns, and the increase health-consciousness of consumers.
Who are we looking for?
Creative individuals who can come up with innovative solutions that are agile, resilient and forward-looking in the face of current challenges. This year, you can apply as an existing startup or an idea at early stages. Applicants are invited to develop out-of-the-box solutions that address one of the following competition categories: ‘New Normal’ solutions, Business solutions, technological solutions.
Top applicants will get a chance to attend capacity building rounds, and pitch their ideas to Tatweer Misr and a panel of experts & investors for grand prizes.
Innovative New Normal Solutions which address the associated challenges and opportunities that were driven by the pandemic. This includes solutions that are health and safety-centric, capitalizing on the accelerated need for digital solutions and processes, touchless technologies that limit the spread of the virus and sanitary solutions, among many others.
Innovative Business Solutions which tackle both the way business is conducted in the real estate sector and the newly emerging needs of the market. Such solutions include facility management, payment solutions, and innovative business models that allow for diverse revenue streams, among many others.
Innovative Technology Solutions which utilize technological innovations to address issues such as construction challenges, resources consumption and management, waste management, infrastructure and architectural innovations, among many others.
If you are up to the challenge, apply before the 31st of March to one of our two tracks: Ideation Track or Startups Track.
Prizes will be two-dimensional; one-on-one mentorship with experts, in addition to monetary prizes totalling EGP 350,000. The competition will have three winners, two from the ideation track, and one from the startup track.
- Startups Track winner: Winner will receive 250,000 EGP
- Ideation Track winners: 1st place will receive 60,000 EGP, 2nd place will receive 40,000 EGP
- One-on-one mentorship from Innovety on action planning