too many competitions and grant call for proposals this time of the
year!
this is for you Egyptians in this list, Yahoo! is seeking to foster
social entrepreneurship in the country through this programme

http://eg.socialinnovation.yahoo.net/


Yahoo!'s Egypt entrepreneur contest to start
Jun 24, 2010 at 11:13

Yahoo! to launch online competition on June 28 with help of non-profit
to foster social entrepreneurship.

DUBAI - Yahoo! will launch an online competition on June 28 with the
help of an Egyptain non-profit to foster social entrepreneurship among
young Egyptians.

Yahoo!, keen to expand in the Arab world with its recent acquisition
of Maktoob.com, said on Thursday it would invite individuals from
across Egypt to be the next social entrepreneurs of the year by
developing new ideas that have a positive impact on the lives of
Egyptians in the categories of education, health, environment and a
wildcard category.

Yahoo! had announced in April that it planned to spend $500,000 on the
online initiative in collaboration with Nahdet El Mahrousa
(Renaissance of Egypt).

Egypt has the Arab World’s largest internet population with 16.5
million users.

The competition is open to entrepreneurs aged 21 to 35, Yahoo! said,
adding that about $250,000 will be awarded as grants to the winners.

"Yahoo!’s announcement to acquire Maktoob last year shined the
spotlight on tech entrepreneurs in the Arab world and the incredible
potential and talent in the region that is largely untapped,” Ahmed
Nassef, managing director of Yahoo! Middle East, said in a statement.

“This partnership with Nahdet El Mahrousa continues our commitment to
invigorate and grow the Internet market in the Middle East as a whole
and will enable the next wave of tech entrepreneurs from Egypt to
realize their dreams. We can’t wait to see their innovative ideas.”

For mroe details on the competition, visit http://eg.socialinnovation.yahoo.com.

Nahdet El Mahrousa is an Egyptian youth-led non-governmental
organisation, established in November 2003 and acts a vehicle for
social innovation.

Global media business leaders in February urged Arab leaders to foster
creativity and entrepreneurship in their media sectors.

At the Abu Dhabi Media Summit, they said less than one percent of
Internet content is in Arabic and that needs to change to allow the
region’s internet penetration to grow.

Business.Maktoob.com 2010

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