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How Western Entrepreneurs Are Supporting Egypt’s Growing Startup Scene


spond123

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A group of young American and Danish entrepreneurs traveled to Egypt last week for the NexGen IT Entrepreneurs Boot Camp, an intensive mentorship program meant to teach Egyptian youth how to turn a simple idea into a viable business in the IT space.

The sort of “traveling startup accelerator” was organized by the U.S. State Department’s Global Entrepreneurship Program, USAID, the governments of Denmark and Egypt, and entrepreneurship organizations such as the Young Entrepreneur Council (YEC). The goal was to get young business people to teach a group of Egyptian youth how to turn a simple idea into a viable business in the IT space.

The mostly young delegates included Scott Gerber, founder of the YEC, Alexis Ohanian, cofounder of Reddit.com, and Ryan Allis, cofounder and CEO of iContact, an email marketing company that will also be hosting two of Egyptian teams for a three-week internship in the fall.

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