Startup MENA seeks to bridge the gaps between Egyptian startups and European VCs

Startup MENA, the initiative funded in part by the Danish government, will hold a pitch event for Egyptian startups on May 14^th, as part of its ongoing efforts to help grow the country’s startup ecosystem. The event will provide an opportunity for growth-stage startups to pitch in front of Egyptian and European VCs, who will provide feedback in the form of professional guidance, coaching, and business model assistance – and possibly even Series A funding for a lucky and well-prepared few.

The event, branded Investor Lounge, is the brainchild of Startup MENA and VentureScout founder Jakob Kistorp, whose extensive interviews with Egyptian entrepreneurs, investors, and other key players on the startup scene alerted him and his team to a lack of connectivity between the well-established, yet insular, Egyptian entrepreneurial ecosystem and European investor networks.

“There’s a wish on the part of local entrepreneurs,” he said, “to get on the radar of European and U.S. based VCs.” Investor Lounge, which will host London-based VCs Abraaj Capital and Hoxton Ventures, is a direct attempt to bridge this gap.

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Startup MENA seeks to bridge the gaps between Egyptian startups and European VCs