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EGBANK's MINT Incubator Program Opens Applications for Spring 2023 to New Startup Ventures

MINT Incubator by EGBANK launched the 11th cycle on March 19th, welcoming numerous startups for a three-month journey in spring '23. These startups, already product-ready, are selected for tailored assistance aimed at propelling their businesses forward. Participating startups were announced...

EGBANK's MINT Initiative Invites New Businesses for the 11th Round of its Spring '23 Incubator...
EGBANK's MINT Initiative Invites New Businesses for the 11th Round of its Spring '23 Incubator Program

EGBANK's MINT Incubator Program Opens Applications for Spring 2023 to New Startup Ventures

The MINT incubator program, a partnership between EGBANK and Acasia, recently held a Demo Day for its Spring 2023 cohort. The event, which took place during or around the Seamless Expo, a renowned fintech event in Egypt, showcased the progress and innovations of participating fintech and technology startups.

While the exact names and detailed profiles of the startups in the Spring ’23 batch were not explicitly listed in the available search results, the program focuses on fintech and technology startups, offering them resources, mentorship, and exposure opportunities.

One of the startups enrolled in the program is Bus 14, a tech-driven mass mobility platform specialized in school transportation services. Another participant is Mashy Live, a marketplace for Egypt's out-of-home (OOH) ad spaces. Mashy Live plans to implement a Buy Now Pay Later (BNPL) model and new technology for real-time digital OOH ads.

Pick & Play, the first online toy library in Egypt, is also part of the cohort. This startup aims to help parents save money while providing beneficial toys for their kids. Parents can rent toys for children aged six months to five years, offering a cost-effective and environmentally friendly alternative to buying new toys.

Seafood Factory, Egypt's first online platform for raw seafood supplies, is another startup in the program. The startup offers premium quality packed and sealed seafood products, providing a seamless and easy-to-use experience through its app.

Each startup in the program will be paired with a top-class mentor. The three-month program offers a series of workshops on topics such as finance, sales and marketing, growth hacking, accounting basics, legal and governance, talent retention, branding, and more.

The MINT incubator program aims to help startups secure investments, partnerships, and acquisitions. The Demo Day event provides a platform for startups to connect with investors, gain media visibility, and explore the regional market. With possible capital investment, mentorship, and industry networking, the program empowers financial technology startups among others, aligning with EGBANK’s strategic focus on fintech innovation and ecosystem development.

For full details on the startups in Spring ’23, such as their names, specific solutions, or funding updates, direct sources like MINT by EGBANK’s official communications or the incubator’s Demo Day materials at events would offer the clearest insights. For further updates beyond the Demo Day event, I recommend checking MINT by EGBANK’s official website, social media channels, or press releases from the Spring 2023 cohort’s Demo Day.

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