egyptian startups ecosystem

7/23/2019 Egyptian Startups Ecosystem

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THE EGYPTIAN STARTUP

ECOSYSTEMMar 2014



Content

The Rise of Entrepreneurship in Egypt

An Overview of the Ecosystem Players

s it wor!ing"

nteractions with E#ternal Ecosystems

The Role of $omen

$hat%s &e#t"



THE RISE OFENTREPRENEURSHIP

IN EGYPT



A skyrocketing Interest in“Entrepreneurship

Interest over Time“Entrepreneur”

Source!



Triggered in 2011 by a strong adoption of internetsage! digita" too"s! and a be"ief in t#e po$er of



& 'ri(ers

&"tra"

• A gro)ing senseo*In"epen"ence+n" “C+n "o it+ttitu"e

• Utopic 'esire tosupport $oc+$

econo%y• Return o*E,perience"Egypti+n -Cs

Te'#no"ogi'a"

• Huge incre+sein InternetPenetr+tion

• M+ss +"optiono* soci+$net)orks +n""igit+$ ser(ices

E'ono(i'

• S$o)ingEcono%y A*terthe re(o$ution

• .+ck o* ne)pro/ects0in(est%ents toe%p$oy

e"uc+te" youth



)N O*ER*IE+ OF THE

E&OSYSTE, P-)YERS



Eco1Syste% P$+yers

'enture

(apitalists

Entrepreneurs

Accelerators )

ncu*ators

+niversities

,overnment

&,Os an-Events



Entrepreneurs

Selected Stories



NGOs +n" E(ents



Acce$er+tors +n" Incu2+tors

2014 supporter LocalDigital Media Company

2011 by Sawari Ventures 6 Rounds 40 Companies

!o"ernment #ac$ed %0 Companies

*.-ab

201% by &'C 6 Companies in Round 1



-enture C+pit+$ists

3454 6 In(est%ents

3455 33

In(est%ents

3455 & In(est%ents

3455 7 In(est%ents

Seed and Series &&ngels

3453

&in(est%ents

Indi%ida" )nge"s 8IAnge$

NO Gro$t#Fo'sedFnds/



Go(ern%ent 9 Uni(ersities

In'bators and E%ents

Reg"ations

Entreprener ,ind.set

T#e ,issing -in



IS IT +ORING


http://slidepdf.com/reader/full/egyptian-startups-ecosystem 15/31Rep"i'ations %s3 Inno%ation



&o(petition *S3 &ooperation



Raising &apita" *S3 4ootstrapping



Hype *S3 no$.Ho$



INTER)&TIONS +ITHE5TERN)-

E&OSYSTE,S



E,tern+$ Ecosyste% Inter+ctions

A c$ose$y tie" MENA Ecosyste%o:in+ncing

oCooper+tion

oPro"uct M+rkets

o

S+%e kno)1ho)

E,tern+$ Tieso The Si$icon -+$$ey ;uestion

oG$o2+$ P$+yers *ocusing on MENA



THE RO-E OF +O,EN



Ho) +re )o%en contri2uting<

$omen Entrepreneurs

$omen nvestors



+H)T6S NE5T



The Secon" =+(e o* Entrepreneurship inEgypt< Gro)ing >eyon" the Hype

:i$tering out the cro)"s

The Rise o* Seri+$ Entrepreneurs

Cre+ting the nee" *or gro)th in(estors



Sh+re your thoughts. Email/ ananyoussefgmailcom

. Twitter/ hsyousef

mailto:[email protected]

mailto:[email protected]



E5TR) S-I7ES



In(est%ents Roun"up ? 34530345&()200M

Sou*+com )40M

,umia- )61M

.ams/i )1%M

Mar$aV )10M asy 3ai )5M

Diwanee )%+M

$oo )%+0M

Careem )1+5M7im8atee )1+6M!lambo )1+4M

Cedar #oo$s )1M

3igital

Pu*lishing ) A-vertising)6+M

,roun-Transportation)9+5M

Ecommerce )1%0M

:eme$sepeti )44M

7ello;ood )9M

5oo- Or-ering)2M

* Across Egypt, Nigeria and Morocco

** Swipe<tap= S/a/iya= pecerie= ,amalon=Mydeal+ma

>t/er com+-- )2+6M

Other &ng/ami ?)0+5M

!ate2lay ?)0+5M

@iel Studios ?)0+5M



Not+2$e :un"s

. 6T( ventures7 manage- *y ris (apital 890M

. :uil-ing :loc! E;uity 5un- manage- *y ME'P 819M

. &aspers <6outh Africa= -e-icating investments of 8>?4M

into 3eveloping Mar!ets. Millicom <842>M over ? years for 90@ of Roc!etnternet%s

Batin American an- African ol-ings=

. umming :ir- 'entures 8240 overall with 840M for ME&A

. Early :ir- 'entures 8??CM glo*ally

. -ea'elopers 890M



Acce$er+tors +n" Incu2+tors

. 5lat>Ba*s. (airo > cycles with ?> companies gra-uates

. Esta*lishe- a D6A *ase- program

. &ota*le companies inclu-e insta*ug7 ntegreight7 &afham

. Oasis 900

. 5irst startup accelerator in ME&A <or-an=

. ,lo*al partnerships with 9006tartups an- others

. More than 9> gra-uates

. &ew a--itions in ME&A.

uiceBa*s <Egypt=. PTME <6ilicon 'alley *ase-7 focusing on ME&A startups=

. 'Ba* <A+(=



Not+2$e St+rtups

. nsta*ug/ $ins 5irst Place at >th MT Ara* 6tartup (ompetition <April

201?= App Testing

. nsta*eat/ 2014 :est of nnovations 3esign an- Engineering $eara*le

heart rate monitor for athletes

. ntegreight/ (lose- Dic!starter fun-ing goal in > hoursF

. Mu*ser/ $ins G-ea To Pro-uct 2P 201?H ,lo*al (ompetition in 6ao

Paulo

. Darm 6olar/ The first company to install a highcapacity offgri- solar

water pumping station in the Mi--le East an- &orth Africa in April 201?

. eraan an- 3a!wa! receive fun-ing from 9006tartups 3a!wa! moves to

6'



Not+2$e E,its

. (o*onecom/ I840M *uyout *y Tiger ,lo*al Managemen

. Dammelna/ 810M *y Pea! ,ames <6au-i car-s game=

. Jawya/ 840M *y Thompson Reuters

. 3u*iKKle/ 90@ :uyout *y &aspers <un-isclose- 8=

egyptian startups ecosystem

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