Arab Finance: valU partners with Enactus Egypt and Exits to award prizes to winning startups at the ElevateLab Demo Day, providing FLIP credit worth EGP 150,000 to the second-place startup and EGP 50,000 to the third-place team, as per an emailed press release.
The collaboration identifies valU as the exclusive financial partner of the event, supporting startups founded by Enactus Egypt graduates.
The contribution reflects valU’s focus on offering early-stage founders access to flexible financing tools that can support business growth.
The company views the partnership as part of its ongoing effort to assist emerging Egyptian entrepreneurs with practical financial solutions.
ElevateLab targets idea-stage and early-stage startups and small and medium-sized enterprises.
It combines a hands-on bootcamp, investment-readiness training, and a Demo Day that connects founders with industry partners.
The program operates under the auspices of the Ministry of Youth and Sports and the General Authority for Investment and Free Zones (GAFI), and is powered by Drosos Foundation, Enactus Egypt and Exits MENA, in partnership with MINT by EGBank.