Endeavor Egypt and GIZ Egypt are introducing a one-of-a-kind 15-month Scale-up program, XceleRise to equip ambitious entrepreneurs with the industry knowledge, market insights, and invaluable connections necessary to scale their operations internationally and raise capital successfully.
The XceleRise provides a unique opportunity for entrepreneurs to tap into Endeavor’s global network of mentors, investors, and top industry professionals. By leveraging the expertise and guidance of these key experts, participants will gain the necessary tools and strategies to navigate the complexities of international expansion and maximise their growth potential.
The key features of the program include:
- Fundraising Strategies and Introductions: Participants will learn best practices for effective fundraising and gain access to potential investors through strategic introductions facilitated by the program.
- Market Expansion Guidelines and Visit: Entrepreneurs will receive comprehensive guidelines on market expansion, enabling them to make informed decisions and optimize their entry into new markets. Additionally, selected participants will have the opportunity to embark on a country visit to explore market opportunities firsthand.
- Networking and Stakeholder Engagement: The program fosters networking opportunities, allowing entrepreneurs to connect with key stakeholders, industry leaders, and like-minded peers who share a passion for innovation and growth.
The key sectors of the economy that are included in the program are:
- Green Buildings
- Waste Management
- Renewable Energy
- Sustainable Transport
- Agriculture and Water Management
XceleRise also places a strong emphasis on supporting companies that drive the emergence of competitive enterprises and job creation, particularly in ecologically relevant sectors. These sectors include fintech, ed-tech, and health-tech, as well as companies in logistics and smart-city sectors that promote fair supply chains and sustainable transformation of global supply chains.
To be eligible for the program, startups should meet the following criteria:
- Generate a minimum of $250,000 (EGP 8M-10M) in revenues annually.
- Have a minimum of 10+ employees.
- Be actively seeking international expansion opportunities within the MEA region.
- Be looking to raise capital.
- Operate within the green and green-tech sectors.
