Changelabs provides funds for 13 promising Egyptian start-ups

Changelabs provides funds for 13 promising Egyptian start-ups

Startup accelerator Changelabs is set to hold its second cohort demo day on 30 September, providing an opportunity for innovative start-ups to secure funds for their businesses.

Changelabs said in a statement that startups that are poised to create significant economic value and deliver jobs have joined the Changelabs accelerator program in partnership with several leading sponsors, including Green for Growth Fund, Amazon Web Services, and the Dutch entrepreneurial development bank FMO.

Thirteen start-ups have joined the program, including Delta Oil (an Egyptian green energy startup focused on oil recycling), Dizaria (the first electric vehicle charging service provider in Egypt), Hand Over (a company specialised in delivering environment-friendly building solutions, Seavo (Egypt's first designer and manufacturer of environmentally friendly watercrafts), Vesstoss (offers an energy-efficient, public transport solution for