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Apply now for BOOST Program to Receive Funding up to 500,000 EGP

3 months 2 days ago

In partnership with Hivos, Nahdet El Mahrousa (NM) launched BOOST Growth Stage, a program that works on enabling social startups in their growth stage to scale up and expand their enterprises.

The program focuses on a range of sectors including startups operating in job training and placement services, shared economy, tech-based, waste management sectors and artisanal related industries with potential to export.

BOOST is an 8-month program that will work with a cohort of 8 promising startups to help tackle their challenges in areas such as market expansion, cash flow management, and talent acquisition and retention.

Through business coaching sessions, tailored workshops, and needs-based technical support, the program will equip startups with the necessary skills and opportunities to grow their businesses. Social startups will also have access to milestone and asset tied funding up to 500,000 Egyptian pounds with 0% equity.

NM has successfully incubated over a 100 enterprises in various fields including education and employment, arts and culture, civic engagement and citizenship, energy and environment, science and innovation, handicrafts & creative industries, sustainable agriculture, and technology.

HIVOS is a Humanist Organization for Social Change working since 1968 for a free, fair and sustainable world. BOOST’s regional program is supporting 60+ social startups from Egypt, Algeria and Tunisia who have clear potential for creating inclusive job opportunities for youth.

To know more details click here, and to apply, click here.

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