Eight Egyptian startups win the French-Egyptian Startup Competition, under the auspices of Schneider Electric among other 14 French institutions operating in Egypt, out of more than 150 finalists, Invest-Gate reports.
Two startups win in each of the competition categories. In the Health category, 3elagi wins first place, and Bypa-ss wins the second. In Fintech, ElGameya receives the first prize, and Ocra the second. In Sustainable Cities, Transport and Hood take home the first and second prices, respectively.
Two other startups get a special award for promoting innovative work capitalizing on technology. The Coup de Coeur Award, presented by the French Chamber of Commerce in Egypt, goes to NanoEbers, while the Community Award, presented by Orange Egypt, goes to Tink. These two startups receive the most votes on EgyptInnovate platform.
The award ceremony is the first round of the French-Egyptian Startup Competition, in the presence of Amr Talaat, Minister of Communications and Information Technology; Stefan Romate, Ambassador of France in Cairo; and Walid Sheta, Regional President of “Schneider Electric” in Egypt, North Africa and the Levant.
The competition is a fruit of the Egyptian-French cooperation that aims to support the Egyptian community of entrepreneurs and innovators in digital technology.
Launched in January 2019, the competition aims to promote entrepreneurship and boost the growth of the startups specializing in digital services. The French-Egyptian Competition for Startups started under the auspices of Schneider Electric and 14 French institutions operating in Egypt.