A programme run by Egyptian NGO, Misr El Kheir, GESR looks to bolster Egypt’s agricultural sector in a special incubator, supported by the European Union.
If the COVID era has taught governments and businesses anything, it’s the need for sustainability. As the world effectively ground to a halt, shortcomings in domestic production and efficiency became painfully clear as countries across the world suffered from the limited movement of people and goods. Looking to help ensure that Egypt’s agricultural sector remains self-sufficient, productive and ever-growing, Misr El Kheir’s innovation platform GESR has just opened the window of applications for its latest agribusiness incubator.
Designed for early stage startups innovating in the agriculture space with physical hardware, tools and machinery, GESR’s agribusiness incubator is in its sixth cycle. Successful applicants won’t only get financial support to help bring their innovations to market, but will also benefit from hands-on mentorship, training and technical and business support from leaders in the field over a 9 to 12-month incubation period. This includes access to Gesr Labs to build working prototypes, space at co-working offices and workshops, PR and marketing services, legal support and an introduction to a network of investors. In terms of financial support, the incubator offers non-repayable grants to the startups that make it through.
Every year, thousands of innovators and entrepreneurs have applied, but only a select 30 to 40 make it through to the next round. These semi-finalists are then invited to a two-week training bootcamp and then invited to make their final pitch. Twelve winners will then move on to the coveted incubation programme.
The window for applications is open now and will remain open until 31st January 2021. Those selected to move on to the bootcamp stage will be announced by 14th February.
Click here to find out more and apply.
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