Flat6labs & ESLSCA Partner to Launch an Incubator for Innovation and Entrepreneurship

Flat6 Labs, in partnership with ESLSCA University, launched a new innovation and entrepreneurship incubator aimed at enabling undergraduates to build viable and sustainable business models after graduating from university.

The partnership agreement was signed in October of this year, marking the launch of the program for business students enrolled during the current semester. The program was designed to help build the capacity of business students and provide them with basic knowledge and tools, enabling them to build and develop competitive products and companies.

"In addition to promoting entrepreneurship learning, the University Acceleration Program will be an important resource not only for ESLSCA, but for society as a whole in terms of innovation, entrepreneurship, technology-based business and regional technological and economic development,” Ramez El Serafy, Flat6Labs CEO, commenting on the partnership.

The business incubator program spans 8 months in two phases. During the first phase, 100 students will be selected, divided from 25 to 30 teams representing different startups, giving them a general idea of entrepreneurship and the fundamentals of design thinking, leading to marketing and client acquiring, as well as offering them several additional services and privileges, such as expert training, mentoring lectures, and workshops.

This phase is followed by the distribution of start-up teams on two main tracks. Track 1 TopX will consist of 10 startups with intensive entrepreneurship training to accelerate their growth over the next three months, along with Track 2 Frontier, which will allow the remaining startups teams (from 15 to 20) to develop their entrepreneurial skills. The program will effectively feature startups presenting their ideas and business models before a panel of ESLSCA and Flat6 Labs officials.

ESLSCA enrolled its first batch of undergraduate students in Egypt in 2019 and has since offered accelerated, robust and innovative programs that allow students to move towards a successful career.

“We are Very excited to launch this program with a partner like Flat6Labs with extensive experience and track record in the business sector, at the local and regional levels. We at ESLSCA pride ourselves on preparing students to break into the modern business world based on innovation and excellence. Through this program, we look forward to becoming a platform for future generations of successful entrepreneurs,” Mohamed El Essawy, BBA Program Director at ESLSCA University.