Banque Misr celebrates the entrepreneurs who participated in the first cycle of TEQDAR Accelerator Program

Banque Misr celebrated the entrepreneurs who participated in the first cycle of TEQDAR Accelerator Program. The Demo Day was held to showcase the growth and co-creation efforts of the first cycle of the program. 

The program was launched under the premises to accelerate the growth of start-ups. The remarkable event showcased the achievements of the participating start-ups, which marked a significant milestone in fostering innovation, collaboration, and technological advancement within the banking industry. In attendance, were several investors and Banque Misr corporate partners who were eager to explore avenues of collaboration with the accelerator’s startups, alongside listening to their captivating pitches.

The evening commenced with insightful words from the esteemed Vice Chairman of Banque Misr, Mr. Akef Elmaghraby. The Vice Chairman emphasized the importance of nurturing entrepreneurship and supporting emerging companies. He asserted that Banque Misr will continue providing the required support for the advancement of entrepreneurs and emerging companies and help them overcome all the obstacles that they may face.

Mr. Mohamed El-Sabban, Chief Innovation and Strategic Ventures Officer at Banque Misr, expressed his admiration for the tenacity and creativity exhibited by the startups throughout the program. He reaffirmed Banque Misr’s commitment to driving innovation and exploring groundbreaking solutions to meet the evolving needs of the market and its customers.

The highlight of the evening was the riveting pitches delivered by each startup, accompanied by their respective C-level sponsors from Banque Misr. The startups captivated the audience with their ingenuity, presenting cutting-edge products, services, and technologies designed to revolutionize the FinTech landscape. From FinTech solutions to embedded FinTech, the diverse range of ideas reflected the broad scope of innovation fostered by the TEQDAR Accelerator.

The success of the Demo Day represents a significant milestone for the TEQDAR Accelerator Program. Throughout the duration of the program, participating start-ups benefited from mentorship, resources, and access to the extensive network of Banque Misr, which positioned them for success in the market. The program’s commitment to fostering innovation and supporting entrepreneurship was evident in the outstanding pitches delivered by each start-up. The participating emerging companies benefited from a financial investment package and technical support from the various stakeholders present at Banque Misr to aid in the accelerated growth of start-ups.

Banque Misr is proud to have played a pivotal role in shaping the future of the banking industry through the Accelerator Program. The bank remains committed to continuing its support for startups and cultivating a culture of innovation that drives sustainable growth.