Wednesday December 11th, 2024
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Startup Grind Cairo Will Dissect The Automotive Industry At Falak Startups On December 29th

This is the second sector-specific event Startup Going launches; the first one explored the opportunities Egyptian startups had in the football industry.

Staff Writer

The Egyptian automotive industry has received EGP-30-billion-worth of investments in 2018 alone. Sponsored by Google For Startups, Startup Grind, will be hosting its second sector-specific crash-course event, about the automotive industry this time, at Falak Startups on December 29th.

Egyptian startups involved in this sector have been on the rise, and have witnessed a large demand in the market due to heavy car ownership across the country. Startup Grind has always been a strong believer that the best startup ideas come from big opportunities in the market. But they also believe that there is little chance those ideas will come true without a solid understanding of the nature of the targeted market.

“This will be our main approach for our series of monthly events where we’ll discuss a different market and industry, inviting experts and entrepreneurs of this market,” they state on their Facebook events page. The last event discussed the dynamics of football, inviting the young-yet-thriving batch of sports startups in the ecosystem.

In this event, manufacturers, importers, maintenance services, and spare parts vendors will be part of the conversation dissecting the automotive industry. Speakers at this event include Ahmed Samir, project manager of Dubai and Amman-based Evera, a startup that encourages the automotive market to use clean energy, as well as Tarek Hayman, the business developer at the industry’s tycoon El Tarek Automotive, Mohamed Nagaty, Co-founder of Halan, Ahmed Omar, founder of Odiggo, and last but not least Mohamed Hussien, Editor at ContactCars. Automotive startups will explore the opportunities they have in this market, while they discuss how tech can create an added value along with ideas for monetisation.

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