Education has long been very underdeveloped. The education market is huge, but scattered. Our Egyptian market is growing massively in terms of entrepreneurship and entrepreneurial ideas. However, education startups and entrepreneurs, all around the MENA region, are still out of the scene.
In the past 150 years or maybe more, most of the educational methodologies and models have barely changed. However, in the past 10 years more or less, technology has started to invade classrooms and schools. Universities are becoming almost dependant on computers and accessibility to the internet. A massive change in the learning methodologies is happening worldwide but, the MENA region is still not up to it.
Except for UAE and Qatar, most of the Arab countries are still using old models of education. The whole digitizing revolution that’s happening in the entrepreneurship scene has not tapped into the education field yet! Zooming in on Egypt, the number of edtech startups since the entrepreneurship boom in 2011 has been too low, compared to any other tech field! The number of Egyptian edtech startups surviving is too low to count on your 2 hands!
On another note, it’s very well-known that no country will rise without proper and advanced education that copes with the era. We also know that catalysis is very important to the process of producing companies. Growth feeds on money and resources and ideas are endless but so many lack the proper support and direction.
From this point, Ed.Ventures is coming to the light with the best and most relevant support to edtech startups in Egypt and the MENA. Ed.Ventures is fully backed by Nahdet Misr Publishing Group. The group, founded in 1938, has been on top of the Educational market in the MENA since its early days. Starting with a publishing house and launching the first Educational Venture Capital in the MENA 79 years later.
With over 150 international partners and vendors in Education and Edutainment including Disney, National Geographic, Pearson, DK, etc, etc. and a huge firm that operates in 3 different locations with over 1500 employees in different areas of expertise, besides a huge network of relations all around the region, Nahdet Misr is willing to transfer all this market knowledge to young entrepreneurs who are dedicated to solve educational problems through innovative technologies.
We believe in everyone’s ability to create, innovate, and take responsibility for the community’s development and we’re here to give all the support. If you believe you have a great idea that can solve real educational problems, don’t hesitate and apply now to the first cycle of acceleration at Ed.Ventures.