Amideast and Boeing announce the winners of the STEM for Sustainability start-up competition in Egypt

Amideast and Boeing teamed up to host the 2023 STEM for Sustainability competition in Cairo on May 12, 2023. The competition aimed to support Egypt's green transition by investing in the country's growing young population and empowering start-ups and young entrepreneurs.

 

The competition provided a platform for young Egyptian entrepreneurs to showcase their innovative business ideas aimed at addressing community and global environmental challenges. 36 entrepreneurs representing 12 startups entered the competition. The finalists were assessed by a panel of four volunteer mentors who are experts in entrepreneurship, sustainability, and science, technology, engineering and mathematics (STEM) disciplines. 

 

The finalists participated in a boot camp that covered topics including business modeling, business planning, and pitch deck development. The three winners - Al Asdekaa team (first place), Snack Fully (second place), and Future Mushroom (third place) - were awarded seed funding to launch their startups.

 

“I am really excited to be a part of this competition. We learned a lot and we are very happy to get the first place. Boeing and Amideast gave us a reason to continue our hard work,”- said Al Asdekaa, first place winner.

 

Amideast and Boeing's STEM for Sustainability competition in Egypt nurtures the country's next generation of leaders, driving innovation and protecting the environment. With 60% of Egypt's population being under 30 years old, this initiative is crucial in empowering the youth and fostering their potential for positive impact.

 

Since 2007, Boeing invested $2 million in community engagement in Egypt which benefitted more than 22,000 young people in the country.