• Endeavor, an enabler based in Cairo has launched a growth scale-up program called XceleRise to encourage access to capital and enlarge the market size of all the local startups a legitimate partnership with GIZ Egypt.
  • This is a 15-month-long program to help entrepreneurs skill up with local industry knowledge, connections, and market insights to grow their international operations and raise capital.
  • Started operations in the year 2008, Endeavor Egypt is the major force in developing the global movement of entrepreneurship movement called “Endeavor”. It supports the local entrepreneurs to involve themselves more into the continual economic developments.

Endeavor Egypt and GIZ Egypt are the two unparalleled scale-up programs with succor access to capital and an expensed market for sustainable promotion through all startups.

This is a scale-up program for a duration of 15 months, specially designed to arm ambitious entrepreneurs with enough knowledge about the industry, marketing insights, and all important connections to marge their operation internationally and raise capital.

The XceleRise is a skill-up program by Endeavor Egypt that will give remarkable opportunities to gain access to Endeavor’s global network of mentors, top professional industrialists, and investors. Capitalizing on the guidance of key experts, expertise, and participants will increase key tools and strategic thoughts that will map the complex situations of international expansion and come up with more opportunities to elevate growth potential.

Highlighted Areas of The Program

  • Waste management
  • Green building
  • Sustainability in transportation
  • Water and Agricultural Management
  •  Renewable energy sources

Key Features Involved in the Program:

  • Introduction and Strategies to Raise Funding

Strategic introduction facilities involved in the program will let the participants learn and develop more knowledge about the peak measures for any successful fundraising round and gain the number of effective investors.

  • Visit and Guidelines for the Expanding Market

All the entrepreneurs will be guided through the comprehensive guidelines to learn about the expansion of the market, optimization of their entry into a new market, and empire them to make informed decisions. Additionally, all the involved participants will get the valuable opportunity to initiate a country visit to experience and explore the information about market opportunities from the core source.

  • Engagement in Networking and Stakeholders

The XceleRise program will strengthen networking possibilities by allowing entrepreneurs to connect directly to key industry leaders, stakeholders, and similar-minded peers who will give great matches by sharing the same thoughts and drive more passion toward growth and innovations.

The startups have to meet some criteria to be eligible for the program.

  • Generation of a minimum annual revenue of $250,000 (EGP 8M-10M).
  • A number of 10+ employees working in the startup company.
  • Motive to raise capital.
  • Should be seeking expansion opportunities internationally actively within the MENA region.
  • Drive the workforce within the green and green-tech division.

The XceleRise by Endeavor Egypt will plant powerful forces to support the companies that operate the debut of competitive job creators and ambitious enterprises, particularly falling into the ecologically relevant division. The Ecological sector includes ed-tech, health tech, and fintech, as well as the companies involved in the smart city sector, and logistics for facilitating a fair supply chain and transformation of sustainable international supply chains.