The Crowdfunding Academy in Egypt
Join the Crowdfunding TOT & Academy and boost your supported startups to get the financial support needed
TIEC, UNDP Egypt and AltFinLab are partnering together to introduce crowdfunding as an effective impact-investment tool to finance startups in Egypt, and would like to invite you to walk the journey with us by attending the 5-days Crowdfunding ToT & Academy starting on Monday the 4th of Feb. till Friday the 8th of Feb. 2019.
The Crowdfunding project’s activities include:
The Crowdfunding ToT: A 2-days workshop (from Monday the 4th to Tuesday the 5th of Feb. 2019) for the Egyptian supporting entities working closely with startups to empower them with the needed knowledge on how to help their startups get the needed finances using Crowdfunding campaigns.
The Crowdfunding Academy (CFA): A 3-days workshop (From Wed. the 6th to Friday the 8th of Feb. 2019) targeting the Egyptian startups covering all topics needed to launch and develop a crowdfunding campaign: from developing a concept and drafting a business plan, to designing and implementing the resource mobilization campaign.
The CFA participants will need to meet the following criteria:
- Registered startup
- Has an innovative idea
- Has a story they can tell
- At the seed Stage
The participants of the ToT will be required to attend the crowdfunding Academy.
Why Crowdfunding?
By looking to the Crowdfunding definition “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet.” In addition, by observing that in recent years, crowdfunding has often been heralded as a potential silver bullet and a promising source of resources in parts of the world where markets are not efficient and where capital is very scarce. For innovations in the developing world, crowdfunding eliminates the middleman and allows individuals to make contributions and investments directly to projects they are passionate about. Some have suggested that crowdfunding may even allow developing countries to leapfrog developed countries in the financial infrastructure required for innovation. Therefore, it should come with no surprise that a program must be implemented to introduce this way of funding
How to apply?
For the interested startups who want to attend the crowdfunding academy, you are encouraged to fill up this application form before Saturday the 26th of January 2019. A confirmation email will be sent by January 30th 2019 to the selected startups
