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Startups that are selected to join Flat6Labs Cairo‘s latest accelerator programme can expect to receive seed funding of between 500 000 and 750 000 Egyptian Pound ($31 000 and $47 000).
Applications for Flat6Labs Cairo’s 14th cycle close on 10 December.
In addition, startups selected for the four-month programme stand to benefit from strategic mentorship, office space, entrepreneurship-focused business training and hands-on market and business model deep dives.
Applications for Flat6Labs Cairo latest cohort will close on 10 December
In return, the accelerator will take 10% equity in each startup. Applications for the cohort will close on 10 December. Flat6Labs accepts between eight to 10 teams into its programme in each cycle.
The accelerator will also provide programme participants with subject matter one-to-one sessions, access to its network of partners as well as a perks and services valued at over $300 000.
The Cairo accelerator was launched in 2011 by Egyptian venture capital firm Sawari Ventures.
*Correction: An earlier version of the article erroneously stated the application deadline of Flat6Labs Cairo’s 14th cycle as 14 December. The actual date is 10 December. Ventureburn regrets the error.
Featured image: Past Flat6Labs Cairo alumni at the accelerator’s Spring 2019 demo day in July (Flat6Labs Cairo via Facebook)