Shell Egypt has announced the relaunch of the Shell Intilaaqah Egypt Programme, in collaboration with Flat6Labs Egypt.
This initiative is part of the flagship enterprise development global program Shell LiveWIRE, and aims to empower and support over 1,000 aspiring entrepreneurs in Egypt.
The program is dedicated to inspiring innovative solutions to address global challenges through fostering entrepreneurship.
For nearly two decades, the Shell Intilaaqah Egypt Programme has been a beacon of innovation and growth, nurturing over 10,000 youth across the nation and contributing to the establishment and scaling of approximately 200 startups.
The program has not only spread awareness about entrepreneurship, but has also supported many individuals in starting new businesses and expanding existing ones.
Dalia Elgabry, Vice President and Country Chair, Shell Egypt commented: “As a responsible investor, Shell Egypt has a long-standing history of supporting our local communities through impactful Social Investment (SI) programs. These initiatives are designed to create sustainable benefits for our stakeholders, addressing some of the most pressing challenges we face today. We are proud to support the community through pioneering capacity-building programs like Shell Intilaaqah. Together in collaboration with Flat6Labs, we are committed to creating significant opportunities for early-stage entrepreneurs, providing them with the necessary support to overcome challenges and succeed in their entrepreneurial journey.”
Shell LiveWIRE, operates in 20 countries to strengthen local economies through entrepreneurship, innovation, and meaningful employment.
The Shell Intilaaqah Egypt Programme will leverage this global experience to support and train more than 1,000 entrepreneurs per year through a series of matchmaking, ideation, bootcamps and incubators.
The most promising 240 teams or ideas from these sessions will be selected to participate in the Bright Ideas Bootcamp Training. From these, the top-performing 40 teams will be invited to join the 3-month Intilaaqah Incubation cycle, across two cycles per year.
“Flat6Labs is thrilled to collaborate with Shell Egypt and become their social investment delivery and innovation partner in the country. This collaboration in relaunching the Shell Intilaaqah Egypt Program will create significant opportunities for early-stage entrepreneurs, providing them with the necessary resources and mentorship to turn their innovative ideas into successful ventures,” Hany Al-Sonbaty, Co-founder and Chairmanof Flat6Labs.
The program will inspire Egyptian youth through hybrid ideation and matchmaking sessions, training them on how to ignite their startup journey via eight bootcamp cohorts, select the teams to participate in the 3-month Intilaaqah Incubation Cycle, and spotlight three winning projects during Intilaaqah Annual Award Ceremony.
Flat6Labs will implement the Shell Intilaaqah Egypt Program and help tailor it to support entrepreneurs in defining their mission, vision, and initial strategy, helping them build a pipeline and raise awareness about entrepreneurial opportunities.
Selected participants will attend workshops delivered by subject matter experts, providing them with access to globally tested and successful startup practices.
The program will focus on empowering the next generation of young people to become innovative entrepreneurs, equipping them with the skills to identify market needs and develop solutions to specific challenges facing the Egyptian economy.
Shell Egypt’s social investment programs contribute to the delivery of Egypt’s 2030 Strategy Goals and UN Sustainable Development Goals.
Shell Egypt delivers a portfolio of programs in collaboration with partners such as Ministry of Petroleum, Egyptian universities, The National Training Academy, and the World Food Program.
