Last week, Cairo StartUp Cup held their second annual Extreme Build-A-Business Weekend, organized by Innoventures, MCSABE, GAFI and Nile University with support from USAID, ECP, GEP and a team from StartUp Cup Global.
This year’s Cairo StartUp Cup is a prime example of high impact, sustainable entrepreneurial development, with the entire program being produced exclusively by local Egyptian organizations. In addition, all formal presentations and mentoring are being conducted by local entrepreneurs and entrepreneurial champions trained by StartUp Cup leadership.
From the over 264 business model submissions, 58 teams were invited to the Cairo StartUp Cup Extreme Build-A-Business Weekend where the Top 25 startup teams were chosen to advance in the competition by the Cairo StartUp Cup Judges.
Over 200 entrepreneurs participated from the 58 teams, as well as over 20 mentors, trained by StartUp Cup, volunteering their time to support the Cairo region with it’s goal to grow sustainable new businesses.
William Patterson, USAID Economic Growth Director, Egypt, and a speaker at the Extreme Build-A-Business Weekend kick-off event, called the Cairo StartUp Cup, “The most successful entrepreneurship program in Egypt over the last 20 years.”
All of us at StartUp Cup are extremely honored to be able to play a role in supporting the growth and advancement of Egypt’s entrepreneurial ecosystem through the StartUp Cup business model competition, mentor training, and our latest experiential program, StartUp Academy.
Our traveling StartUp Cup team is made up of our founder, Sean Griffin and Vice President of Strategic Relationships, Kristen Bergman. They are now off to Alexandria to support their StartUp Cups Extreme Build-A-Business Weekend. Stay tuned for more details from the global entrepreneurial ecosystem tour.