Entrepreneurs receiving the E-Khorda incubation programme were invited to CEDARE premises on May 31st, 2017, where they met the project management unit of the Sustainable Recycling Industries (SRI) and the technical consultants as well.
As the pitching is in progress and the incubation phase is approaching its final phase, a friendly meeting was intended with the promising entrepreneurs to express CEDARE team’s full support to them in their upcoming career life and to urge them build on each and every experience gained from the incubation programme. CEDARE wished them all the best of luck and reassured their satisfactory performance, whether they succeed in their pitch or not. In the meantime, their opinion about different obstacles and the training as a whole was assessed; possible solutions, which would help in conducting a comprehensive needs analysis, were brainstormed.
Out of 11 startups benefiting from the incubation programme, 6 pitched, and only the top 3 e-waste recyclers will be able to win an additional 6 months of acceleration benefits of Startup Reactor Accelerator by Innoventures. The rewarding privileges will include an investment, office space, trainings, mentorship, HR, marketing benefits, legal registration and investment opportunities. They will also have a chance to pitch in the Global Entrepreneurship Week in November.
The SRI project is funded by the Swiss State Secretariat of Economic Affairs (SECO) and is implemented by the Egyptian Ministry of Communications and Information Technology (MCIT) in collaboration with CEDARE, the Swiss Federal Laboratories for Material Sciences and Technology (EMPA), Sofies, and the World Resource Forum. It aims at providing the know-how on non-hazardous management of secondary non-renewable material and establishes a formal and efficient WEEE recycling system. With the aid of the new business models, entrepreneurs and start-ups will become a major key to economic growth, job creation and competitiveness.