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Flat6Labs launches new startup programme in Egypt

Flat6Labs launches new startup programme in Egypt

An Egyptian accelerator has launched a new programme to provide more funding and support to a greater number of tech startups in the region.

The Flat6Labs accelerator was started in 2011 by Sawari Ventures in conjunction with the American University in Cairo and has since launched 36 startups.

The company said in a statement: “Flat6Labs has been consistently improving the accelerator model in order to take into account evolving market demands as well as the feedback of entrepreneurs.”

Changes to the programme include a longer cycle (five months), new mentorship and training programmes, more funding and more places (up to ten startups per cycle).

There will also be a five day bootcamp at the beginning of each cycle as part of the selection process.

“Through the past six cycles, Flat6Labs Cairo has incubated startups from various technology and industry sectors, and in the upcoming cycles, we are planning to extend our support to invest in many more passionate entrepreneurs with brilliant ideas and plans,” the company said.

Applications are currently open for the next cycle of the accelerator, beginning in October.

Startups to have come through the Flat6Labs accelerator include Instabug, which is a finalist in The Next Web’s Mobile Startup Rally.

Posted in: Startups

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