- Three Egyptian startups have been awarded EGP 140,000 ($7,600) each in funding, after being named winners of the third edition of the Startupper of the Year Challenge organised by TotalEnergies Cairo.
- The three winners are EGAAD, an agritech startup specialised in producing liquid fertilisers through bioconversion of organic waste; Recyty, a startup that works to increase adoption of e-receipts in local stores, and Blutruve, a deeptech startup that manufactures materials and molecular biology reagents for research purposes.
- The three startups will be provided with business development support as well as one-on-one coaching sessions by Ashoka Arab World.
Following the selection of the Startupper of the Year Challenge winners by a local jury comprised of experts, the winners of this 2022 edition were awarded during an official award ceremony organized on 10th of May 2022 at TotalEnergies Marketing Egypt Academy in Cairo.
The three winners of the Startupper of the Year Challenge in Egypt are:
Alshaimaa Omar for the Award of Best Startup under 3 years old with EGAAD: an Agribusiness start-up specialized in producing high quality liquid organic fertilizer through recycling the organic waste via bioprocess, their product is customized for various soils.
Sherif Zikry for the Award of Best Business Creation Idea with Recyty: a platform that facilitates the delivery of e-receipts from the stores to the customers, Recyty strives to reach a receipt-less future, to ensure a safe and a healthier environment.
Ghada Hassan for the Award of Best Female Entrepreneur with Blutruve: An Egyptian startup for manufacturing Biotechnology materials and Molecular Biology reagents for research purposes.
These young entrepreneurs will receive financial support amounting to 140,000 Egyptian pounds. They will also benefit from personalised coaching for the development of their project from Ashoka Arab World as well as media visibility for their projects.
In Egypt, 360 applications were submitted, of which 82 were complete, and 11 out of 15 finalists were able to pitch their project in front of the local jury.
Each winner of this edition will have their project presented in front of a "Grand Jury" in charge of choosing, in mid-May, the three "Grand Winners" of the African continent amongst the 32 countries.