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Thursday, June 30, 2022

With a chance to win EGP 250 thousand, Orange Egypt launches a New Startup Platform, in collaboration with Entrepreneur Mohamed Nagati and Victory Link

Orange Egypt has announced the launch of its integrated digital platform that supports and guides promising,innovative and creative ideas with the aim of encouraging young talents in Egypt to go through the experience ofestablishing startups and gaining the knowledge needed to turn their ideas into real projects.

This launch came in partnership with Victory Link along with the special collaboration with the prominentEntrepreneur Mohamed Nagati; where the platform provides valuable content and tips based on practical experiences onhow to establish successful startups, as well as providing tips by Mohamed Nagati to help them gain the intellectualand Moreover, the platform offers an exceptional opportunity for its visitors to obtain funding of EGP250,000 aswell as helping them convert their ideas into real projects. This is to be done by submitting their presentations tothe platform, where a jury led by Mohamed Nagati will screen and sort out the good ideas and choose one of them toobtain the funding.personal skills that any successful investor may need to acquire.

Moreover, the platform offers an exceptional opportunity for its visitors to obtain funding of EGP250,000 as well ashelping them convert their ideas into real projects. This is to be done by submitting their presentations to theplatform, where a jury led by Mohamed Nagati will screen and sort out the good ideas and choose one of them toobtain the funding.

Ahmed El-Abd Chief Commercial Officer at Orange Egypt said “We are pleased to launch the new platform, which is astrong addition to the initiatives launched by Orange out of its keenness to support Egyptian talents in the fieldof trade, investment and technology, and support them to transform into entrepreneurs while transforming their ideasto best benefit the society and the Egyptian economy as a whole.

"Over the past years, Orange Egypt has launched several initiatives that specifically aimed at supporting Egypt'secosystem, and has presented a series of training events and competitions on local and regional levels; where someof them included venture funding and prizes and the latest one was the Fintech Startup Seed Challenge 2022 where apromising startup has won a seed fund of $200,000." He added.For his part, Mr. Nasser Mahrous, Chairman of Victory Link, commented, "Victory Link gives great attention insupporting the Egyptian community in various fields, especially in fintech. The cooperation with Orange to launchthe new digital platform comes within the framework of Egypt’s 2030 vision for sustainable development in supportingentrepreneurship to help young people set up their own projects.”

Mr. Mohamed Nagati commented on this event said, “The idea of partnering with a giant telecom operator as Orangealong with the contribution of Victory Link as a key driver in launching an integrated digital platform thatsupports youth was a dream, through which we will be able to reach the largest possible number of young aspiringentrepreneurs and Small and medium-sized enterprises who want to start their projects. I also dream of reaching allAfrican countries, and we are working with Orange and Victory Link to reach out to all the young entrepreneurs inour continent to help build their dreams to achieve their goals through the advice and instructions that will beprovided through this service which will be of great value in their journey and will also help in improving theeconomy in the long run."



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About Orange

Orange is one of the world’s leading telecommunications operators with revenues of 43.5 billion euros in 2022 and 136,000 employees worldwide at 31 March 2023, including 74,000 employees in France. The Group has a total customer base of 288 million customers worldwide at 31 March 2023, including 243 million mobile customers and 24 million fixed broadband customers. The Group is present in 26 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business. In February 2023, the Group presented its strategic plan "Lead the Future", built on a new business model and guided by responsibility and efficiency. "Lead the Future" capitalizes on network excellence to reinforce Orange's leadership in service quality.

Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.

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