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Fintech Accelerator - Fall'20

Sep 1 - Dec 15 | Cairo, Egypt

http://business.aucegypt.edu/centers/vlab
Helping Egyptian startups commercialize their innovative technologies

About this Program

AUC Venture Lab is Egypt’s first university-based incubator and accelerator at The American University in Cairo. We enable entrepreneurs to capitalize on AUC’s intellectual capital, world-class facilities and research capacities and connect innovative startups with AUC’s network that includes alumni, faculty, mentors and investors. Our work fosters a thriving ecosystem of innovation, education and responsible business.

The mission of the AUC Venture Lab is twofold: to help Egyptian startups commercialize their innovative technologies and business models into viable ventures that contribute to economic growth, competitiveness and job creation; and to provide a learning and research platform for the AUC community to connect with entrepreneurs.

AUC Venture Lab Fintech Accelerator targets financial technology startups that are high-growth and innovation-driven. These are selected through a rigorous process based on the novelty of the idea, scalability and commercial potential as well as the team’s track record, cohesion, tenacity and commitment to success. Selected startups play an active role in the AUC community, sharing their entrepreneurial experience with students and staff. They also contribute to Egypt's growth and competitiveness.

The AUC Venture Lab acceleration program runs in two cycles per year where each cycle includes around ten startups. We provide these startups with an intensive free acceleration experience for three months.

Funding Information

  • Funds up to £20k per team

Industries

Business Products, Business Services, Financial Services, Fintech, Other