The second annual Orange StartUp Cup kicked-off with the Extreme-Build-A-Business Weekend in Cairo, Egypt. The program aims to develop a platform to support young entrepreneurs with new ideas to start their own business. Orange StartUp Cup focuses on various ICT-related areas including gaming and virtual reality, financial technology, mobile agriculture, urban development, digital education, and application development.
One hundred and seventy-eight teams of young ambitious Egyptian innovators in various fields of ICT sector participated in the event. Twenty-five has been selected to undergo intensive training courses for the next three months. A jury consisted of local experts and businessmen, will select 5 teams based on their ideas and projects. The nominated teams will be supported by Orange Egypt in the finals.
Orange presents valuable awards for the top 5 teams; the first team gets EGP 100,00, the second gets EGP 70,000 while the third gets EGP 70,000 and the fourth teams get EGP 40,000 and the Fifth gets EGP 20,000.
Orange Egypt’s CEO, Eng. Yasser Shaker, expressed, “Orange Egypt is extremely proud of the achievements recorded in sponsoring emerging businesses in collaboration with major global and local entities such as the GriffinWorx which motivates the young people to innovate and create. Orange Startup Cup is a significant platform for anyone who has a dream and a future vision for a better society.”