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    Flat6Labs Cairo accepting applications for 11th cycle

    The Cairo-based Flat6Labs is now accepting applications for the 11th cycle of its four-month accelerator programme, which offers selected startups access to training, mentorship and EGP300,000 ($17,000) in seed funding.
    Flat6Labs Cairo accepting applications for 11th cycle

    Flat6Labs, which has headquarters in Cairo, Jeddah, and Abu Dhabi, is a regional startup accelerator programme that has invested in more than 50 companies to date.

    The 11th edition of its Cairo-based programme will offer startups EGP300,000 ($17,000) in seed funding, while startups that meet predefined criteria by a designated committee are also eligible to receive grant funding of up to $25,000 each.

    Selected companies will receive coaching, training and mentorship, with the programme concluding with a demo day. Previous cohorts have included the likes of Instabug, MoneyFellows and Coterique.

    Last July, Flat6Labs announced the first close of its EGP100 million ($5.6 million) fund with commitments of EGP20 million ($1.12 million) from Egypt Ventures and the Egyptian-American Enterprise Fund (EAEF).

    Source: Disrupt Africa

    Disrupt Africa is a one-stop-shop for all news, information and commentary pertaining to the continent’s tech startup – and investment – ecosystem. With journalists roaming the continent to find, meet, and interview the most innovative and disruptive tech startups, Disrupt Africa is a true showcase of Africa’s most promising businesses and business ideas.

    Our readers can keep up-to-date with the quirky world of tech hubs and accelerator programmes; and our reporters provide live coverage of the all-important tech and entrepreneurship events across Africa.

    For our startup, entrepreneur, and investor friends alike, our mission is to provide practical information and advice from across Africa’s varied vibrant markets, and to promote engaged and thought-provoking discussion about the exciting ecosystem we belong to.

    Go to: http://disrupt-africa.com/
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