Flat6Labs Cairo accepting applications for 11th cycle

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The Cairo-based Flat6Labs is now accepting applications for the 11th cycle of its four-month accelerator programme, which offers selected startups access to training, mentorship and EGP300,000 (US$17,000) in seed funding.

Flat6Labs, which has headquarters in Cairo, Jeddah and Abu Dhabi, is a regional startup accelerator programme that has invested in more than 50 companies to date.

The 11th edition of its Cairo-based programme will offer startups EGP300,000 (US$17,000) in seed funding, while startups that meet predefined criteria by a designated committee are also eligible to receive grant funding of up to US$25,000 each.

Selected companies will receive coaching, training and mentorship, with the programme concluding with a demo day. Previous cohorts have included the likes of Instabug, MoneyFellows and Coterique.

Last July, Flat6Labs announced the first close of its EGP100 million (US$5.6 million) fund with commitments of EGP20 million (US$1.12 million) from Egypt Ventures and the Egyptian-American Enterprise Fund (EAEF).

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Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

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