Have you ever thought of an innovative business idea that might one day change the world? An idea of a startup that you just never implemented?Think about it now, because you are one step closer!
Entrepreneurs’ Society’s Business Plan Competition Recruitment has now begun. It’s your chance to act on this idea, move it, and create success! Sign up here
Entrepreneurs’ Society (ES) is here to help you develop and launch your startup while being part of the entrepreneurship ecosystem throughout the Business Plan Competition (BPC)! Through 5 exciting and informative sessions, you will be able to launch your startup and compete for a 50,000 LE seed fund to scale it!
We had an interview with Jenny El Boushy, Vice President for Community Development, and Nadine Abd ElAal, External Community Development Manager, discussing ES and its upcoming competition.
What is Entrepreneurs’ Society?
In brief, Entrepreneurs’ Society is a student-led organisation that has been highly active in the entrepreneurial ecosystem for 14 years. We aim to tackle youth’s hesitation to start their own businesses and promote entrepreneurship through empowering, fostering and developing the youth. We also aim to bridge the gap between existing stakeholders in the entrepreneurial hub, in order to have a stronger impact on the community.
How does the Business Plan Competition work?
Aside from the 5 sessions necessary to develop a thorough Business Model and the 50,000 grand prize for the winner, participants get to be mentored by experienced entrepreneurs, meet with investors and potential partners and secure resources giving them the chance to turn their dreams into reality through proper exposure.
Each participating team will have a chance to experience the roller coaster life of an entrepreneur! You will get a chance to participate with their prototype in theES Jamboree, which is a one-day entrepreneurial carnival for startups to showcase their products to the AUC community. They then pitch their Business Model to a panel of esteemed entrepreneurs, investors and key ecosystem players, which is reviewed by venture capitalists and judges from the best institutions around the country.
All other participants are monitored and assisted to carry out their business ideas whether they make it to the final round or not! Some BPC Alumni that carried on with their idea after completing the competition are: Tyro by Mokhtar Osman, Upfuse by Rania Rafie & Yara Yassin, as well as Cairositters by Hossam Taher. These are just to name a few!
Where and When are these sessions taking place?
All the sessions take place at the American University in Cairo, fifth settlement branch. They start as follows:
March 9th – Business 101 (5 – 8:30 PM)
March 13th – Lean Startup/Business Model Canvas (5:30 – 8:30 PM)
March 20th – Pitching (5:30 – 8:30 PM)
March 23rd: TOP 10 SCREENING
April 3rd – Traction (5:30 – 8:30 PM)
April 22nd – Pitch Deck (5:30 – 8:30 PM)
April 28th: PITCH DECK PRESENTATIONS
What comes after the finale?
Winners! They are to be announced at theGala Nighton the29th of April. TheGala night is an invite-only networking event that bridges the gap between entrepreneurial stakeholders around Egypt!
You can sign up now before the ninth of March here
This event is open to ALL university undergraduate students in Egypt.
Anyone can also contact ES through:
Event Details: Entrepreneurs’ Society Business Plan Competition 2017
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