The Information Technology Industry Development Agency (ITIDA) and venture capital company 500 Global have launched a new boot camp centered on upskilling accelerators and incubators in Egypt
The Information Technology Industry Development Agency (ITIDA) and venture capital company 500 Global have launched a new boot camp centered on upskilling accelerators and incubators in Egypt.
The Bootcamp for Accelerator Managers: Egypt (BAM Egypt), held on October 15-19 at the Creativa Innovation Hub – Giza, will include features curated lessons and best practices from accelerators, including attracting quality deal flow, how to find experienced mentors, and designing valuable curricula.
According to a statement by the MCIT, the program builds on ITIDA's expertise and 500 Global’s track record of running 85+ accelerator programs around the world. It is tailored to train accelerators and incubators and help them learn from the challenges faced, it wrote.
The program is within ITIDA’s framework of developing Egypt’s ICT industry to improve its global competitiveness, helping stimulate economic growth and create more job opportunities. The agency works to strengthen Egypt’s competitiveness within the global ICT sphere by developing the BPO/ITO industry, increasing digital exports, and attracting FDIs.
Egypt was recently awarded the Prince Talal International Prize for Human Development, bestowed by the Arab Gulf Programme for Development (AGFUND). The award recognizes the MCIT's efforts and success in its Digital Transformation for Sustainable Development in Egypt (DT4SDE) project for its "decent work and economic growth."