Sponsored by Orange Egypt Honoring the winners of the first French-Egyptian competition for startups locally

Orange Egypt participated in announcing and honoring the eight winning teams in the first French-Egyptian competition for locally emerging companies, which was officially launched by France and Egypt on November 6, 2019, under the auspices of Orange and 14 other French companies, and under the supervision of the Ministry of Communications and Information Technology, the Central Bank of Egypt and the French Embassy in Cairo.

The prizes were distributed to the eight winners during a ceremony held at the headquarters of the French Embassy, ​​in the presence of the Minister of Communications and Information Technology, Dr. Amr Talaat, and Mr. Stefan Romate, Ambassador of France in Cairo.

Orange’s contribution to sponsoring the competition, which was held for the first time, is a joint initiative between the French and Egyptian governments, as part of its keenness to empower Egyptian youth and emerging companies, as this cooperation contributes to achieving Orange’s goal of promoting society’s transformation from consumption to production to support the Egyptian economy.

The “French-Egyptian Startup Competition” was launched with the aim of identifying Egyptian startups that have high potential for growth and have sufficient ambition to be among the leading entities in the digital transformation process in Egypt in three sectors that carry the priority of cooperation between France and Egypt, namely health, financial technology and sustainable cities, as well as the Coup Prize. de Coeur and the Community Award presented by Orange to honor entrepreneurs for their resilience in the challenging 2020 year.

The competition has achieved a wide spread in Egypt, where more than 157 Egyptian entrepreneurs submitted to compete, including 62 start-ups in the sustainable cities category, 54 companies in the health category and 41 companies in the financial technology category.

The contestants went through a number of stages in the qualifiers, and 10 startups reached the final round in each category, and two winners were selected for each category at the end, in addition to one winner in the Coup de Coeur Prize and another winner in the Community Prize presented by Orange.

In the financial technology category, the “association” application won first place, which is a smart phone application of the Rotating Savings and Credit Association (ROSCA) that can manage online money cycles through in-app payment facilities. The second place was taken by the Ocra (Ojra) mobile wallet for small payments that aims to digitize all funds from small cash denominations in Egypt by 2030.

In the field of health, 3elagi (Therapy) won the first place, which is an integrated startup that facilitates research, evaluation and acquisition of health and beauty products and services through a single platform connected to pharmacies. In second place came Bypa-ss, which specializes in digitizing the exchange of healthcare information for better quality of healthcare in Egypt through its HealthTag network and platform.

In the sustainable cities category, the Transport for Cairo platform, which provides data, tools and research to improve urban mobility in emerging cities in Africa, won the first place. In second place is the Hood platform, which provides insurance data on driver behavior and response to external factors such as road type and speed limits.

The Coup de Coeur Prize went to NanoEbers, a device that detects toxic metals in water based on photochemical sensors.

Finally, Tink won the community award after it developed a participatory transportation service that relies on a chatbot (a chatbot) that connects people who live in similar communities and want to go to the same destination, which means saving money and effort, preserving the environment and supporting digital transformation as the service Do not adopt any cash transactions.

The Community Prize is presented by Orange Egypt and was added near the end of the competition in the framework of demonstrating the continued commitment to support entrepreneurship and innovation in Egypt, especially in the year 2020, which was full of challenges for entrepreneurs in Egypt.

The winners will also benefit from many advantages to support business acceleration and exclusive privileges that the best French companies and sponsors will offer to the contestants, as well as distinct opportunities to contact international markets, get a strong push to penetrate the local market and receive training and consulting.

On this occasion, Ms. Hala Abdel-Wadood, Director of Public Relations and Community Responsibility, expressed her sincere wishes for more successes to the winners of this pioneering competition, which is held for the first time in Egypt and gives a great impetus to its participants.

She added, “Orange’s sponsorship of the competition comes within the framework of its constant keenness to support the creative ideas of young people financially and morally to turn them into real projects, and in light of the company’s endeavor to support Egyptian start-ups as an essential part of the social responsibility strategy to achieve the aspirations and dreams of youth.”

Abdel-Wadoud concluded, “Orange has supported by many competitions to empower Egyptian youth, support their projects and push them to compete strongly in the Egyptian market, and it will continue to work in this context as it is one of the best mechanisms for discovering innovators and innovators in Egypt and pushing them to achieve their aspirations in the end for the benefit of Egypt’s economy and the development of its society.”
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