Google MENA has just announced its latest initiative named,Ebda’, which literally meansBeginin Arabic. The initiative, launched in partnership with Egyptian businesses,InnoventuresandScience Age Society, will give one Egyptian entrepreneur the chance to get their startup off the ground, with the help of a $200,000 seed investment from Google. In addition to financial support, Google, Innoventures and Science Age Society will be travelling all over the country, looking for Egypt’s talent, and will mentor and coach the young entrepreneurs throughout the process, until they select one winner.
The Next Webhad the chance to speak with Ari Kesisoglu, the Managing Director of Google for the Middle East and North Africa about Google’s involvement in the initiative:
Wael Fakharany, Google’s Regional Manager for Egypt and North Africa gave us some insight into the process that applicants will go through:
The entrepreneurial and startup scene in the country has seen a huge boost in the past couple of years, with new startup accelerators, incubators and venture capital funds emerging to offer both financial and advisory support, but Google’s initiative is certainly the largest yet, offering over $200,000 in seed capital (which translates to over 1 million Egyptian Pounds).
Calling all Scaleup founders! Join the Soonicorn Summit on November 28 in Amsterdam.
Meet with the leaders of Picnic, Miro, Carbon Equity and more during this exclusive event dedicated to Scaleup Founders!
If you’re interested in participating in Ebda’, you can find all the detailshere.
Story byNancy Messieh
Lesotho-born and raised, Nancy Messieh, The Next Web’s Middle East Editor, is an Egyptian writer and photographer based in Cairo, Egypt. Fol(show all)Lesotho-born and raised, Nancy Messieh, The Next Web’s Middle East Editor, is an Egyptian writer and photographer based in Cairo, Egypt. Follow her onTwitter,her siteorGoogle+or get in touch at nancy@thenextweb.com
Get the TNW newsletter
Get the most important tech news in your inbox each week.
