AUC Venture Lab
Fintech Spring’20 Cycle
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AUC Venture lab (V-Lab) is Egypt’s first university-based startup accelerator and a leading accelerator in the Middle East and Africa. We support innovation-driven and passionate entrepreneurs looking to turn their solutions and technologies into viable businesses. Since 2013, we have accelerated more than 200 startups covering multiple sectors. We believe in evidence-based entrepreneurship and with the support of our partners, we provide our entrepreneurs with the right business knowledge, industry expertise, tools, resources and networks to reach their full potential.
Our mission is twofold: to help Egyptian startups commercialize their innovative solutions into viable businesses and to provide an experiential learning and research platform for the AUC community to connect and engage with entrepreneurs.
AUC Venture Lab Spring'20 | 3 1
OUR IMPACT
210
560
Startups
Revenues
Graduate
1.6
Billion EGP in
Investments
AUC AUCVenture VentureLab LabSpring'20 Spring'20||2 4
Million EGP in
8000+ Jobs Created
AUC Venture Lab has been named the Middle East and North Africa Top Challenger for 2019 / 2020 by UBI Global, a Sweden-based research company specializing in mapping, highlighting and connecting the world of business incubation and acceleration. With three previous UBI recognitions, AUC Venture Lab is the only Egyptian accelerator recognized among 1580 programs assessed this year. The regional Top Challenger award is granted to incubators and accelerators that stand out due to impressive overall impact and performance achievements relative to respective regional peers. The AUC Venture Lab Fintech Accelerator has also been recognized as a highlight in Innovations That Inspire 2020 Challenge organized by AACSB International, the world’s largest business education network. The recognition is a testament to V-Lab’s work as a catalyst for innovation.
AUC Venture Lab Spring'20 | 5 3
A 16-week customized program for Financial Technology (Fintech) startups providing entrepreneurs with specialized business, finance and technology support. Fintech entrepreneurs get to understand the ins and outs of working within the evolving government regulations and gain valuable insights from some of the smartest minds in the startup and fintech worlds.
AUC Venture Lab Spring'20 | 6 4
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AUC Venture Lab Spring'20 | 7 5
OUR PROCESS Selection: Online applications Screening interviews Bootcamp Selection panel
Acceleration: Extensive business training Business model design Mentor matchmaking One-on-one business coaching Off-site retreat Networking opportunities Access to AUC community and facilities Investment opportunities Access to technology and regulatory sandbox Financial grant for validation Co-working space Demo day Investment: AUC Angels partnership Venture capital partnerships V-Lab alumni network AUC Venture Lab Spring'20 | 8 6
MEET THE FINTECH SPRING’20 CYCLE
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Industry Digital payments Model B2B and B2C Traction 20+ merchants
Founder Omar Khalil
www.eddypay.com hey@eddypay.com thestoryofeddy
EddyPay is a payment solution provider that offers a mobile based solution allowing subscription based merchants to bill their clients in a seamless manner. The mass billing solution allows users to pay and manage their subscriptions as well as pay recuring dues such as utility and telecom bills.
EddyPay's founder Omar is a proactive entrepreneur who is always on his feet. He is tenacious, agile and inquisitive which allows him to continuously iterate, preserve and pivot his business as needed. — Mostafa Hassanein, AUC Venture Lab.
Watch pitch AUC Venture Lab Spring'20 | 8
PASS|APP is a mobile access control solution provider that aims to replace keys, plastic and magnetic cards and all other physical means of identification, access and payment through their unified mobile application, hardware and software.
Industry Access control | Manufacturing | Payments Model B2B and B2C Traction 120K downloads Founder Hany Alboraie
With a disruptive idea and an A-class entrepreneur leading the company, PASS|APP is a very promising startup. Hany, the founder, is truly the heart and soul of the company. He has a vision and will spare nothing to bring forth a revolution in the fintech world. — Mostafa Hassanein, AUC Venture Lab.
www.passapp.com hany@passapp.com passapp.io
Watch pitch AUC Venture Lab Spring'20 | 9
Industry Courrier | Logistics | Transport Model B2B Traction 100 online sellers Founders Mostafa Eshra Saeid Abo Zeid Sherif El Masry
sherifelmasry@deliveryshop.co Deliveryshop.co
Delivery Shop is a delivery management platform that tackles the pains of the e-commerce sector by offering customized delivery solutions, flexible subscription models and warehousing services managed through a merchant wallet-based payment solution positioning them as the partner of choice for e-commerce businesses of all sizes.
Entering the highly competitive logistics industry needs a discerning eye and a unique mindset and this founder has both. Sherif has extensive knowledge and experience in the industry and knows its ins and outs by heart. His exponential growth during the program is a testament to the great things he will do. — Mostafa Hassanein, AUC Venture Lab.
Watch pitch AUC Venture Lab Spring'20 | 10 12
Pianat.ai enables organizations to transform into data and AI-driven decision makers by offering an easy and fast transformation management practice, a seamless and affordable subscription to a one stop shop along with reliable access to data, solutions and relevant resources.
With an elite suite of founders and an unparalleled understanding of the market, Pianat.ai is ahead of the curve when it comes to vision, technology and services and is well-equipped to lead the digital transformation journey in the MENA region. — Mostafa Hassanein, AUC Venture Lab.
Industry AI | Data mangement | Digital transformation Model B2B Traction Piloting Founders Ahmed Halawany Aly Hamdy Sherif Shaalan www.pianat.ai sherif@pianat.ai company/pianat-ai
Watch pitch AUC Venture Lab Spring'20 | 11
Industry Banking | Finance Model B2B and B2C Traction Facilated loans worth EGP 10M Founders Amira Kilany Hatem Fathy Mohamed Mahmoud
www.mawelny.com info@mawelny.com Mawelny
Mawelny is an online platform digitizing the lending process. The online platform enables customers to inquire, compare, apply for and secure credit finance deals from partners and financial institutions in an easy and convenient manner.
Mawelny’s model offers a seamless digital credit approval process that circumvents the traditional restrictive process and democratizes access to credit. The startup's team is very hardworking, constantly willing to iterate and always listening to feedback with an open mind. — Mostafa Hassanein, AUC Venture Lab.
Watch pitch AUC Venture Lab Spring'20 | 12
Goldady is a platform specialized in bullion gold trading. Goldady allows users to buy and sell bullion gold completely online transforming the hitherto over-the-counter dealership business in the Middle East.
Goldady and its army of veteran founders are here to disrupt the Middle Eastern savings market with innovative technologies backed by years of experience in the gold trading business. If anyone can do this, rest assured it is this team! — Mostafa Hassanein, AUC Venture Lab.
Industry Savings | Gold Investment Model B2C Traction Legal setup and creating investment platform Founders A.J. Mekky Antonio Monteiro Chris Ioannou Rafy Kourouian www.goldady.com rafy@goldady.com company/goldady
Watch pitch AUC Venture Lab Spring'20 | 13
OUR MENTORS Abdelrahman Tahoun
Ahmed Abdel Meguid
Ahmed Abou El Haz
Ahmed Al Falasi
Ahmed El Gaby
Ahmed Ellaithy
Ahmed ElSherif
Ahmed Emad
Ahmed Galal
Ahmed Hassanein
Ahmed Mazhar
Ahmed Mourady
Ahmed Nader
Ahmed Tolba
Akram Farag
Akram Salama
Alaa Arafah
Alaa Hashem
Ali Awni
Aliaa Bassiouny
Amir Beshai
Amr Fawzi
Amr Hareedy
Amr Rakha
Ashraf Nashed
Ashraf Shenouda
Ayman Zaaqoq
Bahaaeldin Abdellatif
Choucri Asmar
Dalia Alatrash
Dina Bassiouni
Dina El-Mofty
Dina Gobran
OUR MENTORS Dina Hamdalla
Ehab Attia
El Faisal Badr
Emad Fouad
Fady ChehadeĚ
Hamed Shamma
Hamza Tag
Haneen Abu Shanab
Fady Morcos
Fady Ramzy
Fikry Boutros
Hakim Meshreki
Hani Naguib
Hany Moussa
Hany Soliman
Hassan Ali
Hassan El Sokkary
Hassan El-Keiy
Hatem Abdo
Haytham Badr
Haytham Wagih
Hussein Wahdan
Ihab Naguib
Irini Raafat
Islam Shawky
Islam Zekry
Jacqueline Kameel
Kamel El Khouly
Karim Abdel Kader
Karim Ahmed
Karim Beshara
Karim El Hossary
Karim Gad
OUR MENTORS Karim Hussein
Kevin O'Connell
Khaled Bichara
Khaled Ismail
Khaled Raslan
Loay El-Shawarby
Maha Mourad
Mahdi Al Olabi
Mahmoud Gamal
Mahmoud Samir Fouda
Maie ElZeiny
Manal Negmeldin
Marwa Samy Attia
Marwan Hamad
May Imam
Menna Sabry
Michael Messiha
Moataz Kotb
Mohab Moubashir
Mohamed Abdelmottaleb
Mohamed El Sabban
Mohamed Farag
Mohamed Farag
Mohamed Gamal
Mohamed Hafez
Mohamed Hossam
Mohamed Jebriel
Mohamed Naga
Mohamed Shehab
Mohamed Tigani
Mohga Badran
Mustafa Eid
Nabil Mohamed
OUR MENTORS Nada Sameh
Nadine Moussa
Nagla Samir
Nashwa Saleh
Nellie El Enany
Neveen El Tahri
Nizar Bencheikh
Noha Shaker
Norhan El Sakkout
Omar Soudodi
Rafeh Saleh
Ram Akers
Randa Victor
Rawiah Abdallah
Reem Bannis
Saeed Talaat
Sahar El Sallab
Sally Asaad
Sally ElGemezy
Seba Salem
Sherif Ahmed El Ballat
Sherif El-Sherbini
Sherif Kamel
Sherif Shabana
Shima Barakat
Soraya S. Hashem
Tamer Azer
Tamer Saber
Tarek Abou Alam
Yaseen Abdel Ghafar
Yasmine Abou Stait
Youssef Wagih
Ziad Mokhtar
OUR PARTNERS
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MEET THE TEAM
Ayman Ismail Abdul Latif Jameel Endowed Chair of Entrepreneurship and AUC Venture Lab Director
Mohamed Hamza AUC Venture Lab Associate Director
Hadeel Elshabba Outreach and Engagement Manager
Lina Zalat Partnerships Manager
Mariam Kamel AUC Angels Manager
Nour Ibrahim Marketing and Communications Manager
Yasmine Nagaty Acceleration Manager
Mohamed Younis Senior Advisor
Lydia Kamiel Program Officer
Mohamed Yehia Account Officer
Mona Kamal Finance and Administration Officer
Noha Elkholy Outreach and Engagement Officer
Samy Medhat Account Officer
Mostafa Hassanein Senior Account Coordinator
Youssef Moemen AUC Angels Investment Analyst
Mostafa Ahmed Events Support
Verina Rizkallah Senior Account Coordinator
Mostafa Shaheen Account Coordinator
Mohamed Ihab AUC Angels Investment Analyst
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AUC Angels is the first university-based angel investor network in the MENA region, with a mission to create an angel investor community at AUC to invest in innovative Egyptian startups. In partnership with V-Lab, AUC Angels has access to vetted and scalable startups that have proved traction in the market and have a strong potential for positive returns. AUC Angels provides financial and legal training to new angel investors and helps startups develop attractive investment cases while matching them with angel investors. Get in touch at: aucangels@aucegypt.edu
50+
Angel Investors
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11 Startups
10 More than
Million EGP Investments to date
PARTNERS
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SCHOOL OF BUSINESS Boasting an unrivaled reputation as the top private business school in Egypt and one of the best in Africa and the Arab world, the AUC School of Business is dedicated to transforming the young eager minds of today to the responsible change agents of tomorrow, all while developing relevance and leadership in an evolving ecosystem. Situated within the top private university in Egypt and enjoying nearly seven decades’ worth of history, the School offers a wide range of programs that extend beyond the classroom to provide a holistic and engaging learning experience. The School’s foremost accomplishment is a seal of excellence achieved through the Triple Crown accreditation – placing the School among the top 1 percent of educational institutions worldwide to achieve the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA) and the European Quality Improvement System (EQUIS) accreditations. The School’s executive education programs are also recognized by the Accrediting Council for Continuing Education and Training (ACCET) accreditation.
THE AMERICAN UNIVERSITY IN CAIRO (AUC) The American University in Cairo (AUC) is a premier English language institution of higher learning. The university is committed to teaching and research of the highest caliber, and offers exceptional liberal arts and professional education in a crosscultural environment. AUC builds a culture of leadership, lifelong learning, continuing education and service among its graduates and is dedicated to making significant contributions to Egypt and the international community in diverse fields. AUC Venture Lab Spring'20 | 22
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@aucventurelab AUC Venture Lab vlab@aucegypt.edu business.aucegypt.edu/centers/vlab