With our 1st cycle coming to an end, there is no better time to reflect on the full journey that startups go through once they join NP Academy!
What does NP Academy Offer?
NP Academy is a fully-funded grant by NilePreneurs, sponsored by HSBC Bank. As an accelerator, it provides startup founders with a 6-month intensive program opportunity to work closely with technical experts and define the pain points in their businesses in a way that develops their capabilities and skills.
The Benefits Gained Along The Journey
Investment
Exposure
No Equity
Training
Meetups
Growth
Cycle 1 in Numbers
260 Applications Recieved
70 Applications Qualified
25 Applications Shortlisted
12 Startups Graduated
Where Our Startups Are Right Now!
Out of 25 accelerated Startups, we have witnessed the tremendous growth of 12 startups that reached new milestones! The rest are yet to deal with further steps that include finding investors and growing their founding team!
Meet Our Graduates
What Our Startups Have In Common
Our Selection Process in NP Academy depends on 3 areas:
The Startup itself: Each company is registered and is operating for 2 or more years with a proven record of generating revenues. The company also has a clear business model with synergistic values and has a team of 20+ members working on SaaS Platforms or Mobile Apps.
The Founder Persona: The founders of each startup are Egyptian and form a committed and passionate top management team of at least 2 founders including a full- time CTO. They are looking to develop a dominating strategy, to exponentially grow their businesses.
The Business Type: We empower diversity, and accordingly, our selected startups serve in various industries including sustainability, eCommerce, Emerge-Tech, FinTech, Retail and Fashion, AgriTech, Travel and Tourism, Product and Manufacturing, and MedTech.
How We Assessed Our Startups’ Needs
Once the startups were selected, an evaluation survey served as the entry checkpoint to measure the impact of the development and training program provided by the academy.
Based on the assessment, developed by NP Academy to better understand the strengths and weaknesses of each startup, we found several aspects that need improvement including:
Internal Team Capabilities
Business and Technical General knowledge
Marketing Capabilities
Business and Sales Capabilities
Financial Management Capabilities
Future plans and targets
Monitoring business performance and health
How We Met Those Needs
We offered different types of support to meet our startups’ needs, including:
Business Foundation Workshops
Training & Development
Mentorship & Consultation
Business Foundation Workshops
Training & Development
Growth Strategy: Startups learn how to define their growth and long-term strategy and the right time to scale their business by Design Thinking techniques.
Organization Development: Startups learn how to define their strategic objectives and OKRs, define their organization’s values & principles then analyzing their team’s capabilities and defining gaps for development.
Financial Management: Startups learn the fundamentals of financial concepts to manage their expenses and capital and how they benefit from the digital treasury and electronics financial banking systems.
Digital Marketing: Startups learn the best practices for growth hacking Strategies to expand their sales and revenue streams.
Internationalization: Startups get to know the fundamentals to expand their business globally.
Growth Management: Startups learn the high-level knowledge of growth management and acquire a growth mindset.
Startup Legalities: Startups learn the fundamentals and needed knowledge for Startups Legalities.
Mentorship & Consultation
Meet The Trainers Behind Our Sessions
Joining NP Academy means getting your potential unlocked and learning from the best in your industry. You get connected with professionals who allow you to take your startup to the next level.
Cycle #2 of NP Academy is about to start! Stay tuned to become the first to join!