The Entrepreneurs’ Organization in Cairo (EO Cairo) and Redcon Properties have announced a strategic partnership to launch the EO Accelerator program in Egypt. This global program is designed to support startups and SMEs, with a specific focus on helping entrepreneurs who are leading companies with annual revenues between $300,000 and $1 million.
Key Highlights
This new initiative provides a structured growth path for scaling businesses in Egypt:
- New Program: The launch of the EO Accelerator program in Egypt.
- Strategic Partnership: A collaboration between EO Cairo and Redcon Properties.
- Target Audience: Entrepreneurs leading companies with annual revenues between $300,000 and $1 million.
- Methodology: The program is based on Verne Harnish’s renowned “Scaling Up” methodology.
A Proven Methodology for Scaling Up
The EO Accelerator program is founded on the “Scaling Up” methodology, which is based on four main pillars: Strategy, People (HR Management), Execution (Operations Management), and Cash (Cash Management). The launch event, titled “Scaling Up with EO Cairo – Powered by Redcon Properties,” featured interactive sessions and case studies that provided a practical overview of the program’s mechanisms for fast-growing SMEs and other business leaders.
A Strategic Partnership to Empower Entrepreneurs
The partnership represents a significant commitment to supporting Egypt’s entrepreneurial community. Ahmed Samy, President of EO Cairo, stated that the program’s launch is a step to “support the entrepreneurship community in Egypt by providing the right tools and support network for entrepreneurs in the growth phase.”
Eng. Tarek El-Gammal, Chairman of Redcon Properties, explained that the partnership is part of the company’s commitment to support entrepreneurs, as the private sector’s role “extends beyond real estate development to contributing to the creation of a diverse and sustainable economic environment.”
Investing in the Future of Egypt’s Economy
The collaboration aims to deliver a distinguished version of the program that enables entrepreneurs to grow locally and regionally. Ahmed Tony, CEO of Redcon Properties, emphasized that “investing in young minds and promising projects is a direct investment in the future of the economy.” Moataz Kotb, a board member of the EO Cairo Accelerator, added that supporting SMEs is a national priority and that the program provides a platform and resources that contribute to strengthening the Egyptian economy.
Source: Al-Mal News
