Springfield, Virginia and Cairo, Egypt – On Wednesday, October 28th, 2023, the Agora Naguib O. Sawiris School of Business (ASB) and the Egyptian Business Angels Network (EGYBAN) announced a groundbreaking partnership. This exciting collaboration has led to the creation of the Egyptian Entrepreneurial Community Fund (EECF), a $1 million aggregate initiative dedicated to supporting and empowering emerging entrepreneurs in our MBA program. This fund will have a significant impact on our entrepreneurial community and beyond.
Aligned with our commitment to offering a well-rounded and market-focused MBA program, this $1 million fund prioritizes funding for entrepreneurs. Our MBA program immerses students in a real-world business journey where students bridge the gap between theory and practice by crafting a comprehensive business plan and pitching it at our renowned Investor Lab. This exemplifies our “cradle-to-investment” model, where they gain access to mentorship and potential investment opportunities. The exciting addition of EECF further fuels this model, providing additional financial support to turn qualified business ideas into reality.
EECF offers a diverse range of funding opportunities to our MBA graduates:
- Two Annual Funding Prizes: Awarded to top-performing entrepreneurial projects.
- Two Microgrants: Supporting high-potential ventures in their early stages.
- Two Women-Led Project Grants: Promoting gender diversity in the entrepreneurial landscape.
- Venture Capital Fund: Dedicated to providing resources for established businesses seeking to scale.
- Angel Pre-Seed Fund: Providing initial support for promising ideas in early development.
For more details, you can learn more about our MBA program, Investor Lab, and this exciting partnership. Discover how you can contribute or refer aspiring entrepreneurs ready to bring their startup dreams to life. Together, let’s pave the way for a brighter and more innovative future for young Egyptian entrepreneurs!
About ASB: Established in 2020 as a non-profit subsidiary of Agora Educational Group, Agora School of Business (ASB) merges academic rigor with real-world experience in business innovation and entrepreneurship. Our accelerated online MBA program, developed by world-class professors and entrepreneurs, equips students with the comprehensive tools needed to succeed, featuring nine modular courses and a hands-on Capstone project, all designed to be completed in one year.
About EGYBAN: Malaikah-EGYBAN represents members from angel networks, individual investors, early-stage VCs, and equity crowdfunding platforms. Acting as the voice of the angel investment community, it connects and supports investors by raising awareness and advocating for a conducive fiscal and technical environment.
For Media Contacts: entrepreneurs@asb.ac