Supporting young entrepreneurs in Egypt to turn their ideas into impact-driven businesses
Application Deadline: 24th June 2023.
Eligible Countries: Egypt
About the Award: doroob provides idea-stage entrepreneurs with tailored training, dedicated mentoring, network development opportunities, and access to workspaces and technical resources. That’s in addition to direct financial support of 600 Euros/month for each incubator team member so that they are able to dedicate their time, energy, and resources to turning their ideas into viable solutions.
The first edition of the program will support idea-stage entrepreneurs in creative industries.
OBJECTIVES
Enabling entrepreneurs and youth who have innovative ideas to establish social impact enterprises in four of Egypt’s most important economic sectors: creative industries, agribusiness, healthcare, and tourism.
We’re looking for 24 innovative ideas across four challenges
- Furniture designing — how can we revamp furniture manufacturing and design in Egypt in order for local products to compete in global markets? Your ideas can tackle innovative approaches to reduce waste, reuse byproducts, or recycle second-hand materials.
- Interior designing — how can we make sourcing eco-friendly raw materials and prototyping ideas for interior design more accessible and affordable? Your idea can tackle cost-effective solutions for sourcing sustainable raw materials and creating digital prototypes.
- Handicrafts — how can we promote growth in Egypt’s handicraft industry? Your idea can tackle innovative solutions to support small-scale handicraft businesses in acquiring high-quality, locally-manufactured machinery, sourcing sustainable raw materials, or accessing more markets.
- Performing arts — how can we support artists in building sustainable business models and finding facilities to raise awareness about local life issues through their artworks? Your idea can tackle innovative solutions that support performing artists in monetizing and sustaining their work while highlighting local causes through their artworks.
Type: Entrepreneurship
Eligibility: You can apply today for doroob program if you are:
- A university student or a recent graduate who is over 18 years old
- Egyptian, or have a valid Egyptian residency
- Your innovative idea has the potential for scalability and can benefit from early-stage startup support
- Your innovative idea tackles one of the following challenges directly or indirectly:
Number of Awards: 24
Value of Award: Each edition of the program will focus on one of the following sectors: Creative industries, agri-business, tourism, and healthcare. For each edition, 24 – 40 teams will be selected to pitch their ideas in an on-ground idea competition, through which 8 teams will be selected to join a three-month pre-incubator to validate their solutions and create the proof of concept (PoC). Up to four teams will then be selected through a pitch competition to advance to a six-month incubator, the final stage of the program.
The program provides tailored training, dedicated mentoring, network development opportunities, access to workspaces, access to external expertise and technical resources, and direct financial support of 600 Euros/month for each member of the incubator teams so that they are able to dedicate their time, energy and resources to turning their ideas into viable solutions.
- Business & technical training: Throughout the entire program, all teams receive training sessions on related business and technical topics, such as prototyping fundamentals, sustainable development, leadership, digital marketing, communications, etc.
- Financial support: Each member of the team that advances to the incubation phase will receive direct financial support of 600 EUR/month for six months to support them in turning their ideas into viable solutions.
- Mentoring and coaching: Experts from enpact’s and DROSOS FOUNDATION’s global networks will support the participating teams with dedicated coaching sessions and mentoring from the onset of the pre-incubation phase.
- Workspaces: Teams will receive access to workstations and makerspaces throughout the program from the onset of the pre-incubation phase.
- Regional landing pad: Teams will get the opportunity to connect with international experts and potential partners by exploring the European market through a landing pad program in Berlin after completing the incubation phase.
- Networking opportunities: Teams will also get the opportunity to take part in key industry events and pitch their solutions to international ecosystem players and investors.
The first edition of the program will focus on creative industries.
How to Apply: Complete the application form; please note that this is the only way for us to be able to consider your application, as we don’t accept submissions by e-mail or other formats. If you need support with filling in the form, please feel free to reach out to shc@enpact.org
- It is important to go through all application requirements on
the Programme Webpage (see link below) before applying
- GOODLUCK!
Visit Award Webpage for Details
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This post was last modified on June 12, 2023 3:22 pm