Ten Egyptian startups have won prizes at the culmination of the joint Saudi-Egyptian VMS Bridge programme. The VMS Bridge programme aims to provide opportunities for growth and expansion locally, regionally, and internationally, bridging the gap between the entrepreneurial ecosystems in Egypt and Saudi Arabia. Ten Egyptian startups have been named winners of the first edition, with five companies winning a prize that includes a four-day visit to Saudi Arabia, where they will have the opportunity to meet investors and explore investment opportunities. Additionally, three companies focused on environmental preservation and community service won a prize from Arweqah, which includes free access to Arweqah’s training programme. These three winning companies were AgriCash, a digital platform specialized in financing small farmers; ReNile, which operates in the field of Internet of Things in agriculture; and ICareer, a platform specialised in education for employment.

Source: The North Africa Journal May 02, 2024 09:09 UTC