Ten Egyptian Startups Win VMS Bridge Programme Awards
Exits company has pledged support to all participating startups, extending a 50% discount on its investment readiness program.
The VMS Bridge program, a joint Saudi-Egyptian initiative that supports businesses in both countries, has awarded prizes to ten Egyptian startups.[1]
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The program aims to bridge the gap between the entrepreneurial landscapes of the two nations, equipping fledgling businesses with the tools and insights needed for success on both local and global scales.
Among the winners, five companies secured prizes, including a four-day trip to Saudi Arabia, offering them opportunities to network with investors and explore avenues for growth and investment. Notable among these winners are Amanleek, an online insurance platform, Farhy, a celebration management hub, and Sprints, a digital education platform focusing on tech-oriented employment programs.
Moreover, two enterprises nurtured by the Rally Entrepreneurship Accelerator, an initiative under the Entrepreneurship Centre at the Arab Academy for Science, Technology, and Maritime Transport, garnered accolades entailing free licensing in the Saudi market. Notchnco, facilitating streamlined communication between customers and businesses, and Neqabty, a union-member connectivity app.
Three startups dedicated to sustainability initiatives received recognition from Arweqah, entitling them to free access to the organization's training regimen. The startups are AgriCash, a platform fostering organic agriculture financing, ReNile, specializing in IoT solutions for agriculture management, and ICareer, offering employment-focused education and training services.
Additionally, Exits has pledged support to all participating startups, extending a 50% discount on its investment readiness program.