Applications for Fall 2019 are now open!
Inching closer to its fourth cycle and its second year in the ever-growing entrepreneurial market, EGBANK is ready for fresh blood for its very own MINT Incubator. A select caliber of investors have watched the third batch of startups graduate at Cinema El Zamalek on June 17th, with a trendy knack for e-commerce that you can't miss.
MINT Incubator, a program created by EGBANK in partnership with The Cairo Angels, is mainly about designing a suitable working environment for pre-seed-stage startups scattered along the endless horizon of industries. Moreover, it also acts as a consultant to provide the needed support to startups. To enroll in MINT's next cycle starting next September, nothing is required other than commitment and passion; these are the only driving factors which take their business to the next level. MINT is currently accepting applications for its Fall ’19 cycle and the deadline is on August 3rd.
Here’s how this works: businesses that already have an MVP will go through a three to four month intensive program, which helps them in being more ready and prepared to enter the market and become a true investment opportunity for startup investors.
Startups will benefit from a series of workshops addressing key areas that will accelerate their business and enhance the team's know-how including finance, sales & marketing, growth hacking, accounting basics, legal & governance, attracting and retaining talent, branding, and much more. Each startup will also be paired with a top class mentor who will provide customised support and guidance throughout the program. Other benefits of the program include access to a co-working space and a diverse range of free & discounted services offered by MINT Incubator’s extensive network of partners throughout and after their incubation. The MINT incubation cycle ends with the demo day, where all participating startups showcase their businesses in the presence of the top startup angel and venture capital investors in the region, as well as other stakeholders from the ecosystem.
Some of the startups from the first two cycles have already raised investments ranging from EGP 1.5 to 10 million, and now Spring '19 startups are ready to follow in their footsteps
If you're considering applying to MINT's fourth cohort, the following startups were your predecessors from Spring ’19 cycle.
An e-commerce platform that delivers fresh fruits and vegetables at any time of the day to your doorstep through a network of carefully selected vendors.
A bike-sharing solution that puts an end to issues with traffic, parking spots, and environmental pollution, while also encouraging an alternative active lifestyle for the community.
An online platform that provides online and offline therapy for children with licensed psychologists and psychiatrists through schools and nurseries.
An online marketplace connecting construction industry stakeholders with contractors.
A cloud-based recruitment software that aims to minimise the time wasted on recruitment procedures using automations and scoring algorithms.
An interactive marketplace for women’s fashion. So far, they have launched their first product line called Koay Silver, which is their own brand of silver jewelry, but they’re looking to expand and become a social commerce platform that includes different brands.
An online platform that connects students seeking academic support with qualified tutors for instant, one-on-one, Q&A chat-based sessions.
A social-lending platform that allows users to donate to NGOs with a 0% interest rate. Social lending is similar to peer-to-peer lending, which is the practice of lending money to individuals or businesses through online services that match lenders with borrowers.
Collects shrimp-shell waste and uses it to produce fertilisers and other agricultural products, which are sold to farmers at an affordable price.
A cloud-based solution designed specifically for startups and SMEs to help them manage their businesses, through providing them with management tools such as sales management & invoicing, task management, revenue stream, and more.
"This cycle we are changing the workshop to be more entrepreneur-lead, while increasing the number of fireside chats to include diverse members of the ecosystem," Mariam Hatem, MINT Community Lead tells Startup Scene. "We’re aiming to connect our startups with mentors and speakers who have relevant experience in successfully launching and scaling their businesses."
Furthermore, the Fall’19 cycle will be a lot more focused on team building. "We will kick off the cycle with a boot camp where each startup gets to work together as a team to set their KPIs and plan for the next 3-4 months. During the bootcamp, our entrepreneurs also get the chance to share their diverse experiences & knowledge with each other," she concludes.
The content of this article is sponsored by EGBANK.
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