ACCELERATING THE FUTURE
WHAT TO KNOW BEFORE APPLYING
InvestIT aims to support 12 startups to be investment-ready and well-connected to local and international investors. These startups should be leveraging any of the broad fields of Information and Communication Technology (ICT) to create, deliver, or enhance their products or services.
Key Benefits of Joining InvestIT
Once you are selected to join InvestIT, you’ll gain access to personalized mentorship and coaching tailored to your startup’s unique needs. Participants will attend workshops focusing on various aspects of fundraising strategies, understanding the investment landscape, and refining their business models. Additionally, the program offers networking opportunities with potential investors, as well as a multitude of perks and services.
Selection Criteria
- Stage of Development: Your ICT-enabled startup should be at seed or pre-Series A stages to apply, indicating that you have a launched product or service.
- Legal Registration: Your startup must be a legally registered entity in Egypt, providing the necessary legal framework to operate and engage with investors.
- Operational History: Your startup must be operational in Egypt for at least 2 years before the program’s starting date, demonstrating stability and the ability to execute its business plan.
- Founding Team: The founding team should consist of two or more members, ensuring a collaborative approach to problem-solving and innovation.
- Commitment to Participation: Your team must be committed to attending all activities, sessions, and events within the program’s duration, as active participation is crucial for maximizing the benefits of the program.
SUPPORT & OFFERINGS
Fundraising-Focused Workshops
One-on-one Coaching
Access to Our Network of Investors
World-class Mentorship
Data Room Guidance
Perks and Discounts
Follow-up Meetings
Program Events & Activities
Pitch Practice & Pitch Nights
Program Process
OPEN APPLICATIONS
Applications are open for interested startups to apply to join the program through the online application. During this phase, we host 2 optional Info Sessions to answer all questions regarding the program’s timeline, offerings, selection process, and more.
FILTRATION AND INTERVIEWS
Applications are filtered and the program’s team from Flat6Labs and TIEC sets one-on-one interviews with the top applicants to take a closer look at their solution, progress to date, team, and potential to scale. After that, 25-30 startups from the interviews will be shortlisted to take investment readiness reviews.
PREPARATION PHASE
Once 12 startups are selected to join the program, they will join a 6-week intensive program, receiving individualized coaching on how to effectively pitch their startup to investors and tailored support in developing investment-related documents.
INVESTOR ENGAGEMENT
Upon completion of the preparation phase, the startups will get the opportunity to be connected with potential investors, with continuous support and guidance from our team through the due diligence process.
place Apply Now
InvestIT
Program Starts: 26 Nov 2024 Program Ends: 26 Jul 2025InvestIT is an investment-readiness support program for ICT-enabled startups in Egypt, launched by ITIDA, TIEC, and Flat6Labs.
Apply Now Deadline: 12 Nov 2024