GIST Startup Training Alexandria
Alexandria, Egypt | November 4-7, 2018
APPLICATIONS ARE NO LONGER BEING ACCEPTED FOR THIS STARTUP TRAINING.
The U.S. Department of State's Global Innovation through Science and Technology (GIST) Initiative is pleased to announce a Startup Training program for science and technology entrepreneurs from Egypt. This program, presented with implementation partner VentureWell and in-country partner Icealex, is designed to empower these young innovators through on-the-ground training and mentoring to build and grow their startups.
Participants will spend four days honing their business ideas, perfecting their pitches, and showcasing their innovations during a Demo Day in front of business leaders, investors, and policymakers. These entrepreneurs will come away from the program with the skills and tools to develop their business models and grow their ventures.
For this in-country GIST Startup Training, there will be a specific focus on teams that meet the following requirements:
- Only teams from Egypt are eligible to apply;
- Only two members are allowed for each team;
- Both team members must be between the ages of 18 – 40;
- The startup or idea must have a focus on science and technology.
You will also need the following information and documents to apply:
- Basic information about our startup – including customer base and goals;
- Basic information about your startup’s funding;
- Your past program participation, whether it was with GIST or another organization;
- Passport information for you and your team members.
If you have specific questions about your eligibility, or about your application submission, please contact us via email at [email protected]
Amazon Web Services (AWS) has generally provided prizes for participants and winners at the Demo Day of the GIST Startup Training in Alexandria. GIST will also be awarding two cash prizes to the first and second place winners of the Demo Day. The prize breakdown is as follows:
- First Place: $20,000 in AWS Credits and $2,000 USD in Cash
- Second Place: $10,000 USD in AWS Credits and $1,000 in Cash
- Everyone Participation: $1,500 in AWS Credits
AWS Credits can be used by entrepreneurs for tech training and cloud computing capabilities – critical resources for startups using technology such as artificial intelligence, the Internet of Things or large data analysis.
A GIST Investor Mobilization Training Program (GIST Investors) will take place simultaneously with the Startup Training on November 7. A select group of angel investors in Egypt will receive training in the areas of due diligence, negotiations and exit planning to further support their ability to invest in Egyptian startups. Participants will also attend the final Demo Day to observe and network with the entrepreneurs that participated in the GIST Startup Training. Click here to register for the GIST Investors training.
Icealex is a community driven technology innovation space with a strong social and environmental commitment. The main approach for ice activities in Alexandria is to provide an enabling ecosystem for action-oriented minds co-creating sustainable solutions for local challenges. Icealex’s vision is to support a socially-responsible, open & independent community of innovative persons & entrepreneurs in Alexandria.
VentureWell is a nonprofit organization that supports the creation of new ventures from an emerging generation of science and technology founders. VentureWell does this by supporting the innovation and entrepreneurship ecosystems that are critical to the success of these founders.