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Egypt Proptech Challenge

Wednesday, 25 September 2024

Egypt International Exhibition Center (EIEC, New Cairo, Egypt)

Egypt Proptech Challenge - Are you ready to pitch off?

Launching in 2024 at Cityscape, the proptech challenge will be Egypt’s first startup competition designed to showcase innovative solutions in the real estate sector. This competition will provide an exclusive platform for startups to pitch their ideas to an audience of potential investors, industry experts, and fellow entrepreneurs. 

Cityscape Egypt

Cityscape is the largest and most important real estate exhibition in the MENA region. Supported by public and private sectors connecting investors, and developers to unique opportunities throughout the country. Cityscape is shaping the future of the real estate sector and the technologies that drive the industry. 

PROPTEX

PROPTEX is a Proptech Acceleration Program aimed at supporting startups in the proptech industry across the MENA region. The program focuses on creating sustainable and smart cities, as well as developing workplaces and communities. PROPTEX offers startups essential resources, mentorship, and business development support to become investment-ready, along with providing investment opportunities.

The competition aims to:

Showcase Innovation: Highlight groundbreaking proptech solutions that have the potential to transform the real estate industry.

Feedback and Mentorship: Provide startups with real-time feedback and mentorship from experienced judges and investors.

Networking Opportunities: Facilitate networking and relationship-building among entrepreneurs, startups, and investors.

Eligibility

The competition is open to all Proptech startups. To participate in the Proptech startup competition, startups must meet the following criteria:

Innovative Solutions

The startup must offer innovative solutions in one or more of the following areas:

a.     Smart Buildings and Cities

b.    Smart & Green Construction Technology

c.     Commercial Real Estate Solutions

d.    Sustainable PropTech Solutions

e.     Property Management Solutions

Geographical Scope

Startups should be focusing on solutions impacting the real estate market in Egypt and the MENA region.

Technology Integration

The solution must integrate technology to deliver its core functionalities effectively.

Minimum Viable Product (MVP)

The startup should have developed a working and validated Minimum Viable Product (MVP).

Founding Team

The startup must be led by a team of at least two founders with complementary skills.

Customer Traction And Revenue

The startup should have built initial customer traction and generated monthly recurring revenue (MRR).

Deadlines

- Submission Deadline: August 31, 2024

- Announcement of Finalists: Wednesday, 25 September 2024

- Competition Date: During Cityscape Talks, exact date to be confirmed. 

Judging Criteria

- Innovation: Originality and innovativeness of the solution.

- Market Potential: Scalability and market opportunity.

- Business Model: Viability and clarity of the business model.

- Impact: Potential impact on the real estate market and sustainability.

- Presentation: Quality of the pitch and presentation skills.

Competition Format

- Pitch Presentation: Each startup will have 5 minutes to pitch their idea, followed by a 5-minute Q&A session with the judges.

- Judging Panel: A panel of experienced investors, industry experts, and mentors will evaluate the pitches.

- Feedback Session: Judges will provide feedback and mentorship advice to each startup on spot.

APPLY NOW: https://form.jotform.com/241433579803561

We look forward to your participation and to discovering the next big innovations in proptech!