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Apply for Incubation

| Apply for Incubation

 

 

Nahdet El Mahrousa is launching its 21st round of incubation "Ebda3 Ma7ali", a two year-long incubation program focused on supporting social entrepreneurs and social enterprises/startups with the potential to create sustainable and measurable impact.

 

Eligibility criteria: Founders and Startups

 

Profile of the social enterprise/startup (it  needs to):

-Provide sustainable solutions to address local social challenges

-Be Sustainable and/or have a plan to become sustainable and generate revenue to be self-sufficient

-Be Scalable by having a potential for growth of the business, both financially and in terms of its social impact

-Be Innovative by tackling social challenges using a new or a different approach

-Your innovative social enterprise/startup should create sustainable and measurable impact that serves the community and focus on the following fields  (but not limited to them):

-Clean and Green: Renewable energy, sustainable agribusiness, food production and waste management

-Tech for Social Impact: Using technology to serve a social need in the community

-Social Services: Education, healthcare and transportation..etc

-Other impact areas: Inclusion, civic engagement and media.. etc

 

Profile of the team of founders:

-A team of founders (at least two members) with a diverse set of skills that complement each other and the needs of their social enterprise/startup

-The team of founders should be between 25-40 years of age and Egyptian nationals

-Should possess relevant education and technical knowledge as well as hands-on experience to their business

-Need to be dedicated and committed to the development and growth of the social enterprise/startup

Incubation Services

This is a comprehensive program. The winning social enterprises/startups will receive tailored support, trainings and workshops supporting the growth of their social enterprise/startup.

The incubator offers the following services:

Incubation services (has a value of EGP150,000)

-Account management; a dedicated project development service offered by NM Incubator team.

-Customized high-quality capacity building program based on needs assessment of each social enterprise.

-Access to mentors and consultants in a wide range of domains.

-Financial and legal consultations.

-Access to network (Impact Investors, Donors, Companies, Experts, Professional Mentors, Social Entrepreneurs, , etc.).

-Access to opportunities: local and international events and capacity building opportunities

-Be part of the social entrepreneurship community in Egypt

 

 

Seed Funding of EGP20,000.

Zero Equity .

Get your own space at Garage El Mahrousa (80 hours per month for free).

 

How to Apply?

-Fill in the application form (English or Arabic) and submit it by 11:59 PM on the 13th of February 2019 (priority will be given to early applications).

-Your application will go through the initial screening process and the shortlisted applications will be accepted for an interview, then the finalists will go through  to the Validation bootcamp.

-After completion of the validation bootcamp the social entrepreneurs will be required to pitch their startups in front of a panel who will select the winning startups (up to 7 social enterprises/ startups)

-Winning startups will be offered full incubation programe at Nahdet El Mahrousa for two years, based on periodical progress assessment every 6 months

 

Want to know more?

Stay tuned with our news and updates on facebook and be the first to learn more.

If you have any questions, contact us at apply@nahdetelmahrousa.org

The deadline for applications is 11:59 PM on 13th of February 2019