TIEC opens its new round of Start IT Incubation Program

TIEC - Technology Innovation and Entrepreneurship Center - announced the opening of the registration for the new round of the Start IT incubation program. It is a one year incubator program that provides the winners with up to 120k EGP of in-kind services, a working space with internet access, basic hardware and software tools during incubation time, and access to technical subject-matter advisory, business consulting and mentoring. Deadline for this round is on the 29th of January 2017.

TIEC had also announced that now all entrepreneurs who have a business plan and prototype can apply to any of the incubation programs anytime during the year as there will be an incubation round every three months. The accepted applicants will be interviewed, and then invited for pitching.

Applicants’ ideas must be ICT-based or ICT-related, supported by a working prototype, and they must also be original, new and adding a new solution or an advancement to any of the existing solutions in the marketplace. Ideas must be commercializable in nature and supported by a clear vision on how to penetrate the target market, while having the potential to scalability, and offering an economically compelling proposition for investors and incubators.

So, for all young entrepreneurs who have a business plan and prototype, don’t miss the chance and apply to TIEC Incubation program here.