Flat6labs, a seed and early-stage venture capital firm, in collaboration with SANAD Entrepreneurship Academy, launched an AgriTech accelerator program. The accelerator will assist 10 to 12 startups in each cycle to improve their business models, product development, customer relationships, marketing plans, and financial management.
The AgriTech program will give startups access to capital, to grow faster encouraging the development of technologies that make the agriculture industry sustainable, safe, and environmentally friendly. These technologies optimize service quality in the agriculture industry, by facilitating data collection and analysis to quantify performances while limiting overprice of products/services.
‘’With digital transformation progressing rapidly across industries, and the agriculture industry being a core pillar of the Egyptian economy, the need to digitize the agriculture industry has increased dramatically. We are glad to launch this AgriTech accelerator program in collaboration with the SANAD Entrepreneurship Academy, as it will serve this need by supporting the startups that provide innovative technologies in the agriculture sector and will contribute to the sustainable growth of the Egyptian economy,” stated Hassan Mansi, Flat6Labs Head of Ecosystem Development Programs.
This collaboration is in line with Flat6Labs’ mission to support emerging businesses in the agri-food, food security, and rural development sectors while highlighting the value of the AgriTech industry in Egypt.
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