Frequently Asked Questions
Application
You start your application process online via our website when applications are open.
Please follow and check our Facebook Page to find out as soon as we announce the opening of our upcoming cycle. In case you would like to receive a notification once applications are opened or relevant opportunities are available, send us an email at [email protected] and specify in the body of the email the industry your startup is in.
No. However, you will be asked about your market size, your target market and value proposition.
No, we do not sign an NDA. Your business idea will be shared within your peers and mentors for the sole purpose of improving your business model. We expect our community to respect the intellectual property of our entrepreneurs.
Please go to “What Do We Look For” section to find out about the profile of businesses and entrepreneurs we look for.
Yes, you can submit two applications but you will need to work full time on the idea that gets accepted. Please also consider that we look for early-stage startups who are about to launch their products/ services, and not those with just an idea.
We don’t accept startups that tackle the same problem in an identical way. We always make sure the problem is tackled from a different angle.
No, we welcome entrepreneurs from all over Egypt. We don’t have any restrictions on educational backgrounds, nationality, age or gender or the sector of your business.
Teams of 2-4 are usually optimal. We do consider single founders if they prove they can take on the job.
At most times, we open a late application round, however the selection process in that round becomes more rigorous.
Definitely, we encourage promising startups to work on our feedback and reapply the upcoming cycle.
Programs
Due to the covid pandemic, we have switched into a hybrid model that allows you to work remotely while still benefiting from our services. While the majority of our services take place online, we still host some in-person events to encourage networking and impactful relationship building.
AUC Venture Lab connects you with potential investors and venture capital firms throughout the program and on Demo Day. After graduation, you can also apply to AUC Angels, our angel investor network partner.
Yes, but it depends on our availability and time of the consultation. And you can always contact us through our social media platforms.