Egyptian accelerator steps flat on the gas

American University in Cairo-linked accelerator Flat6Labs has launched a new initiative to provide more funding and support to tech startups in the region.

Since founding in 2011, the Sawari Ventures-owned accelerator has launched 36 startups. It now plans to provide greater support, including a longer incubation cycle, additional mentorship and training programmes, more places for startups per cycle, and a greater amount of funding available.

The accelerator will also provide a five-day bootcamp to successful applicants at the beginning of each cycle.

In a statement, Flat6Labs said: “Through the past six cycles, Flat6Labs Cairo has incubated startups from various technology and industry sectors, and in the upcoming cycles, we are planning to extend our support to invest in many more passionate entrepreneurs with brilliant ideas and plans.”