500 Global and (ITIDA), announced the launch of 500 Global first batch of the Scale-Up program in Egypt. The Scale-Up program focused on providing strategies and experimentation methodologies to accelerate growth for Pre-Series A startups in Egypt.
Worth mentioned that 500 Global is one of the world’s most active multi-stage venture capital firms, while ITIDA refers to The Egyptian Information Technology Industry Development Agency.
The 500 Global Scale-Up Program in Egypt is a 7-week hybrid program designed to empower startups in Egypt at Pre-Series A or Series A stages. The curriculum and activities use proven strategies to amplify market presence and scale businesses through personalized mentorship, growth-focused customer-expansion frameworks, and ways to streamline operations. Access will also be provided to 500 Global’s exclusive network of partners, stakeholders, and other ecosystem participants.
Notably, in 2022, 500 Global teamed up with ITIDA to offer a range of programs to boost the country’s evolving startup ecosystem. These programs were designed to provide local startups and innovators with local and global opportunities through 500 Global’s programming like boot camps for companies at the early stage, the Scale-Up program for Pre-Series A startups and beyond, as well as boot camps for accelerator managers in addition to curated events and strategic partnerships.
Throughout the seven weeks of the Scale Up program, founders can gain knowledge through a structured curriculum, including intensive growth techniques and fundraising-focused materials. In addition, they may collaborate with dedicated mentors who aim to help them generate actionable tools and solutions to be applied immediately in addressing their business challenges. Batch companies also get one year of complimentary access to office space at Creativa Hub, Giza, for use during and after the program.
