TIEC’S TECHNOLOGY ENT​​REP​RENEURSHIP ACCELERATOR, TEA

TEA provides a set of well-formulated topics covering the aspects of turning ideas into strong business plans; going through legalities, financials, marketing, operations management, branding and writing business plans.​​
TIEC’s Technology Entrepreneurship Accelerator, TEA
 

Overview

“The value of an idea lies in the using of it.” Thomas Edison

 
Accelerators support young firms through their early and frail stages of growth, saving money and time as well as increasing survival rates. Startup accelerators are a more recent phenomenon than tech incubators. They have some significant differences around their business model, source of funding, and services delivered. ​​
 ​
In the fast moving world of tech startups, many enterprises do not have the resources to decipher the codes of their innovative ideas into viable businesses. Seed accelerators, another naming of start-up accelerators, support startups in a form of mentoring, low-cost office spaces and some starting capital.
 
At the Technology Innovation and Entrepreneurship Center, we make every effort to devise the recipe for a successful business. Does your company need a boost? Our accelerators can be a great option to get off the ground.​​
 
The Center has accelerated the businesses/startups of over 500 teams and 1457 entrepreneurs. TEA, now in its fourteenth round, has become a blockbuster phenomenon in the entrepreneurial sphere since it started in 2013.​​
Processes
 

The program of technology entrepreneurship accelerator, TEA, opens twice a year. Every round goes for 3 months. A set of workshops and mentorship sessions takes place for 18 working days. In the interim, enrolled teams implement what they have learned to uplift their startups.


Development phases

The one round is broken down into three main modules: “3-day boot camp,” “7-day core,” and “2-day final.

Every team of entrepreneurs attends 12 hands-on workshops on a range of development areas. There are also dedicated sessions of mentorship.​

Eligibility
 

You are qualified to join the ETA program if you have a tech/ICT-related idea or a prototype you want to evolve into a startup. Be sure you meet the following before applying:

 
Teams of entrepreneurs are only fit to be enlisted
 ​
Egyptian nationals
 
Tech competency is required
 
Good command of English
Objectives
 
 
Unlock research potential in local universities and tech institutes
 ​
Develop research capabilities in research centers within companies
 
Create innovative, yet competitive products for both society and marketplace
 
Connect scientific research institutes with industry entities
 
Boost the national income
Benefits
 

ETA beneficiaries receive the following after finishing the program:

 
Efficient business plan
 ​
Business development milestones
 
Technology development milestones
 
Pitch to potential investors or support entities
Apply
 

Apply for the ETA program in English (Google doc)​

Apply for the ETA program in Arabic (Google doc)​

Please note that the language of application has no weight in evaluating your application. ​

Resources
 

Books

The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship
William Miller, Marguerite Hancock, Henry Rowen, Chong-Moon Lee

Business Model Generation: A Handbook for Visionaries, Game Changers, and
Alexander Osterwalder and Yves Pigneur

The Innovator’s Dilemma: The Revolutionary Book That Will Change the Way You Do Business
Clayton M. Christensen

The Startup Owner's Manual: The Step-By-Step Guide for Building a Great Company
Steve Blank and Bob Dorf​