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Shell partners with Flat6Labs to relaunch Intilaaqah program in Egypt

Daba Finance/Shell partners with Flat6Labs to relaunch Intilaaqah program in Egypt
STARTUP VENTURE CAPITALJuly 26, 2024 at 4:08 PM UTC

TLDR

  • Shell Egypt relaunches Intilaaqah Egypt Program in partnership with Flat6Labs to support 1,000 aspiring entrepreneurs, focusing on fostering entrepreneurship and addressing global challenges.
  • The initiative aims to build on past success, having already supported 10,000 youth and facilitated 200 startups, offering resources, mentorship, and support to new entrepreneurs.
  • Intilaaqah Egypt Program, part of Shell LiveWIRE, continues its impactful legacy by empowering entrepreneurs through comprehensive support initiatives.

Shell Egypt has announced the relaunch of its Intilaaqah Egypt Program in collaboration with Flat6Labs.

This initiative, part of the global Shell LiveWIRE, aims to support over 1,000 aspiring entrepreneurs in the country, focusing on fostering entrepreneurship and addressing global challenges.

Building on the success of its predecessor, which has supported over 10,000 young people and facilitated the creation of around 200 startups over the past two decades, the relaunched initiative seeks to continue its impactful legacy by providing resources, mentorship, and support to new entrepreneurs.

Key Takeaways

Egypt has become a significant player in the global startup ecosystem, solidifying its position as a dynamic hub for innovation and entrepreneurship. Several factors contribute to Egypt's appeal in the startup landscape. A sizable and youthful population, government initiatives to encourage entrepreneurship, and a growing pool of creative individuals all contribute to the vibrancy of Egypt's startup environment. The supportive ecosystem for startups in Egypt is further enhanced by the availability of financing options, as well as the presence of incubators and accelerators. These elements play a crucial role in providing essential support and resources to startups, helping them navigate the challenges of the business landscape and fostering their growth.

Startups
Egypt
Flat6Labs
LiveWIRE
Shell
Intilaaqah Egypt
Venture Capital

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