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Impact Investment in MENA Discussed at the RiseUp Summit

The old campus at The American University of Cairo hosted local and global entrepreneurs, investors, and ecosystem stakeholders, to network and discuss gaps and opportunities, in December 1-3 in Cairo. SwitchMed attended the event to contribute in making the switch to a green, circular and social economy in the Mediterranean a reality.
Published on Dec 20, 2017

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Impact Investment in MENA Discussed at the RiseUp Summit

@RiseUp

RiseUp Summit is the MENA region's largest 3-day innovation and entrepreneurship event, taking place in the heart of downtown Cairo at the Greek Campus. It gathers bright minds, inspiring entrepreneurs, investors and media from more than 120 countries to connect and share their ideas. The summit includes workshops, inspiring talks, panel discussions, startup stations, pitch competitions, and networking platforms with industry experts.

 

Daniel Hires with Switcher Rania Seddik, Founder of GebRaa

 

Daniel Hires, Manager of the Switchers plateform participated in the summit to meet green entrepreneurs in Egypt, connect with the local ecosystem to identify opportunities for the community, and to discuss collaboration possibilities with other entrepreneurship support and funding organizations:

“RiseUp is a fantastic networking opportunity since you meet everyone relevant to the Egyptian startup scene and many from the region. As an advocate of impact startups, it was particularly great to see impact investment on the program, and the panel discussion was a great opportunity to meet others looking to build up this sector.”

This trend ties into SwitchMed’s recently launched impact financing initiative, The Switchers Fund. Its goal is to make the switch to a green, circular and social economy in the Mediterranean a reality by supporting eco and social innovators through a mix of grants, loans and equity participations. For further information, visit www.theswitchersfund.eu.

Among the numerous announcements of new investments, fund, and collaborations this year, RiseUp launched Connect, a platform for a continuous experience and to help startups grow and access global resources all year round. Resources include funding, talent, exposure, tools & services, knowhow and marketplace, and it is freely available at riseupconnect.com.