If you have a business plan for your startup and are looking for incubation, be sure to apply to the 13th round of TIEC's incubation program.

Every three months, a number of preliminary accepted teams will be invited to pitch for a chance to be incubated at one of TIEC's incubation centers for one year. Taking part in the incubation program offers you up to 120K EGP of in-kind services ranging from consultancy, software, hardware, and marketing services. Besides having a workspace for your team, you will also have access to on-site hardware and software tools that allow you to build your product as you are being guided through the process.

Startups with bigger commercialization potential have higher chances of being selected, so before applying, make sure to meet the following criteria:

• ICT-based or ICT-related: Idea must serve any of the broad ICT categories or related to any of its vast inclusions.

• Innovative: Idea must be original, new and provide solutions readily-available in the marketplace or industry.

• Readiness: Idea must be supported by a working prototype/ MVP (full conceptual ideas may not be considered).

• Entrepreneur-led: Idea must be created, conceptualized and led by young entrepreneurs or those who have entrepreneurial traits.

• Solving a real problem: Idea must offer a creative solution to a real market problem different from existing solutions, or solve a future problem or need.

• Commercialization Potential: Idea must be commercializable in nature and supported by a clear vision on how to penetrate the target market(s) and how it shall grow from there.

• Economic Viability: Idea offers an economically compelling proposition for investors, stakeholders or incubators.

• Scalability: Idea has the potential to grow among significant market sectors and within multiple verticals or layers.

The first round of incubation starts on January 1, 2017, so make sure to apply before the deadline which is on November 5, 2016.

For more information on the evaluation criteria and application process, click here.

Apply now.