Innoventures’ Startup Reactor Sixth Cycle is Now Open

Venture capital firm Innoventures is now accepting applications for the 6th cycle of its incubation and acceleration program Startup Reactor. In this cycle, innoventures will be in Cairo, Alexandria and Suez. The deadline to apply is June 30.

Startup Reactor is a 6-month program aimed at supporting and accelerating startups in Egypt with high growth potential. Thirty startups will qualify for the one-month Ignition stage and will receive mentorship and training. The top startups will receive cash prizes and investment opportunities from Innoventures and startup funding platform VC4Africa.

In addition to cash prizes, the program offers support services, office space in a collaborative environment and access to Innoventures’ regional network among other resources.

Graduates of startup reactor previous cycles include prosthetic limbs company Bioniclimbs, presentation making platform Imaginators and charging solutions company Happiana.
Innoventures was founded in 2011, and it defines its role as technology venture management. The company takes a hands-on approach, adopting many of the projects during their earlier stages into its own organizational hierarchy, rather than providing the owners of the idea with funding and superficial administrative support.