Yes, you heard that right. Right after a fiery debut on AUC New Cairo, next year's edition of RiseUp Summit will be held at the Pyramids.
One of Egypt and arguably the region's biggest gathering of entrepreneurs, the RiseUp Summit 2019 comes to an end, with the incredible news announcing that RiseUp Summit 2020 will be held at the iconic Great Pyramids of Giza. The RiseUp Summit started out in The Greek Campus in 2013, made it's way to the American University of Cairo to celebrate the establishment's 100-year anniversary, and is now set to continue its journey to growth as it brings the entrepreneurship and event scene to unprecedented heights.
The deal was inked as part of the Pitch by the Pyramids competition, where 15 emerging MENA startups pitch their business ideas in front of an esteemed panel of regional investors and firms, and the fascinating backdrop of the Ancient Egyptian world wonder behind them. The agreement is between RiseUp Summit and Gemini Entreprises Africa, with support from the Egyptian Minister of Investment and International Cooperation, Her Excellency Miss Sahar Nasr, as part of her mission to make Egypt the right ecosystem for startups to grow and to flourish.
“I am proud of RiseUp’s selection of the location. We are standing next to the Pyramids which are the symbol of innovation and civilization. This is an excellent platform where we have seen a lot of young people, international institutions, the private sector and investment banks gathered. It is the platform to put together the right ecosystem to ensure our young entrepreneurs get the right enabling environment and the right support for them to grow, because they are the future, and they will remain the main contributor to our sustainable growth,” says Minister of Investment and International Cooperation H.E. Dr. Sahar Nasr.
The partnership also affirms that RiseUp and Gemini Enterprises Africa shall co-develop innovation hubs on the premises and other Orascom-owned holdings, while the former gains exclusivity for any entrepreneurial events in the area.
Engineer Naguib Sawiris, Executive Chairman of Orascom Investment Holding, declared: “I’m pleased to announce the strategic partnership between Gemini Enterprises Africa and RiseUp to migrate the summit and all its activities to the Pyramids Plateau. We will work together to position the Pyramids venue as the Hub where history meets the future and the place that culture merges with technology and entrepreneurship. We are sure that this partnership will create a generation that will leave a legacy like our pharaonic ancestors did.”
Abdelhameed Sharara, Cofounder and CEO of RiseUp said: “This partnership truly brings us closer to our vision, as we build bridges to connect entrepreneurs to the most relevant resources in Egypt and the region as a whole. It is a great pleasure to be standing here today and have the support of such an esteemed organization.”
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