Rinchi
TechInAfrica – The Information Technology Industry Development Agency (ITIDA) has partnered with RiseUp to launch Africa’s first pitch competition of the African App Launchpad Cup. It is inviting startups in the gaming and application development from 19 African countries to take part in the contest with the opportunity to win grants totaling $60,000.
The African App Launchpad Cup aims at setting a global stage for early-stage startups to demonstrate their ideas in front of hundreds of regional and international investors and Venture Capitalists.
Interested candidates can apply their applications at http://techleaders.eg/aal/competition. The applications are opened until November 18th, 2019. The pitching competition will start on December 7th while the winners will be announced in line with RiseUp Summit—the largest annual entrepreneurship event in the MENA region—which will be held at the American University of the new campus, Cairo.
“We are excited to launch the African App Launchpad Cup, which will allow us to educate young African calibers and spur their innovation on the latest app and games technology, in addition, to support the creation of job opportunities for African youth,” said Hala El Gohary, CEO of ITIDA.
“It is such a pleasure to be able to host the first African pitch competition in the region during RiseUp Summit. This is a step towards achieving our vision of creating more opportunities in the entrepreneurship ecosystem through connecting more stakeholders to the community in Africa. We would like to thank ITIDA for launching and sponsoring the competition and becoming the supporting arm behind the growth of Africa’s entrepreneurship ecosystem,” said Abdelhameed Sharara, Founder and CEO of RiseUp, speaking on their part.
The African App Launchpad Cup not only gives participating startups the opportunity to take part in a pitching competition but also join an accelerator program and exhibition spaces during RiseUp Summit. Furthermore, they will have to pitch not only to a wide audience but also to local and regional VCs and investors, given wide exposure for them.
Source: egypttoday.com
