Flat6Labs in cooperation with Barclays Bank Egypt recently launched 1864 Accelerator Programme in a move to to qualify a new generation of entrepreneurs in Egypt through the adoption of creative ideas that can open up new opportunities in financial technology.
Soha El Turky, Business Development Director at Barclays Bank Egypt, stated at the launch that, “Our decision to collaborate with Flat6Labs in this programme, was a result of what we recently witnessed in terms of creative capabilities inherent within a wide range of innovators, startups and entrepreneurs in the financial technology field in Egypt. Through this unique opportunity, we seek to introduce a new concept for the future of financial services in Egypt; we even aspire to reach the global banking market through exceptional ideas and innovative visions.”
Qualified teams submitted their applications through the official website www.1864accelerator.com, and those that were selected are attending the programme that lasts for 14 weeks, through which they will receive financial and technical support to turn their ideas into successful and sustainable projects.
Ramez Mohamed, CEO of Flat6Labs, stated, “The programme aims to support entrepreneurs in transforming their ideas into successful businesses by providing all the necessary mentorship and training as per the latest international standards. Those who excel during the selection process qualify for seed funding from Flat6Labs to establish a strong foundation for their projects and will be mentored by a team of experts to ensure the success and sustainability of their startup companies.”