GE signs a five-year $100,000 sponsorship agreement with AUC V-Lab

AUC announced a new five year partnership agreement with General Electric (NYSE:GE) - the world’s Digital Industrial Company- today. Under the agreement, GE will sponsor two acceleration cycles per year. It will include trainings, workshops and competitions between startups and bootcamps.

Each acceleration cycle incubates from 8 to 10 startups for four months to assure the continuity of their business models after the program. Throughout this partnership, GE and AUC will play a role in transforming Egypt’s entrepreneurial ecosystem and boost the economy through empowering youth.  

Photo Credit: genewsroom.com