SHOROOQ PARTNERS VENTURE CAPITAL CASE COMPETITION

Name: SHOROOQ PARTNERS VENTURE CAPITAL CASE COMPETITION — LEEP for Collaborative Impact
Start: 2024-02-06T12:00:00+0200
End: 2024-02-06T23:59:00+0200

Tuesday, February 6, 2024
12:00 PM 11:59 PM 12:00 23:59

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Description

In 2023, The American University in Cairo (AUC) School of Business Center for Entrepreneurship and Innovation (CEI) teamed up with Shorooq Partners to launch Egypt’s first-ever venture capital case competition, called the "Shorooq Partners Venture Capital Case Competition." It's a one-month competition where university students can act as venture capitalists in a simulation. They'll invest $100,000 in a real startup using actual data, assess the startup, do thorough research, evaluate investment possibilities, and create investment plans. The plans will be presented to a panel of judges from Shorooq Partners, other industry experts, and AUC professors.

If you're a junior or senior undergraduate student, you can apply with your team for the Shorooq Partners Venture Capital Case competition. The top teams have a chance to win a total of $4,000.

** The competition will be conducted in a hybrid format, which means that students can attend the sessions either physically on AUC New Cairo Campus or virtually via zoom.

Why Join The Competition?

The ultimate goal of this competition is to set a new generation of undergraduate students that are a good fit and to share the needed know-how to excel and jumpstart their career in the venture capital and entrepreneurship scene.

This will be done through focusing on the following pillars:

Career Development:
In this competition, students gain hands-on experience in the venture capital industry through a real-life simulation case. The workshops given by Shorooq Partners experts will provide essential knowledge on industry dynamics and resource management (time, money, people).
Community development:
This competition aims to raise awareness among youth about the role of VCs and their economic impact. It's a national competition providing opportunities for students of diverse backgrounds to practice data management by identifying gaps, formulating questions, gathering insights, and making informed decisions.
Mentorship & Networking:
Students will enhance technical, critical, and personal skills and network with industry experts, faculty, and fellow students during the competition.

Founding Partners

Shorooq Partners
Founded in 2017, Shorooq Partners is the leading seed-stage venture capital firm investing in the most innovative startups across the Middle East, North Africa, and Pakistan (MENAP region). The firm built deep sectoral expertise in Fintech, Platforms, Software and Web3.0. Shorooq Partners has backed market leading disruptors, some of which include Pure Harvest Smart Farms, Sarwa, Lean Technologies, TruKKer, Retailo, Mozn and Penny. Since its inception, Shorooq Partners was built on the principle of being founders’ partners, company builders and value investors.
Shorooq Partners is headquartered in Abu Dhabi, UAE and has offices across KSA, Bahrain, Egypt, and Pakistan.
Shorooq Partners refers to a group of companies that are affiliates of each other and which operate under this business name, of which Shorooq Partners Ltd (regulated by the ADGM Financial Services Regulatory Authority FSRA Registration) is a member.

AUC Center for Entrepreneurship and Innovation
In 2015, the Center for Entrepreneurship and Innovation (CEI) became a pioneer hub for all entrepreneurial stakeholders not only in Egypt but also for the entire MENA region. For the past 10 years, CEI focus was directed towards promoting entrepreneurial education, supporting the entrepreneurial ecosystem, offering capacity-building opportunities and research. Over the course of time, entrepreneurship and innovation changed from being the contexts to being the concepts that help achieve core objectives like financial sustainability, employment, gender equality, ... etc. CEI is now a reputable brand in the ecosystem and a go-to reference for stakeholders, who seek to engage youth, women, startups, MSMEs and underserved communities.

Eligibility Criteria

Participating teams must consist of 3-5 undergraduate students.
Junior and Senior student members only will be considered.
Having one finance student in the team would be considered as an asset.
Participating teams must attend all competition’s training sessions either physically or virtually. If all members of a team didn’t attend one of the training sessions, they will be excluded from the competition.
All team members must be from the following universities:
- All public or private Greater Cairo Universities
- Delta [Alexandria University or Mansoura University]
- Upper Egypt [Assiut University or Minia University]

Social Media Exposure

An intensive social media campaign will be run by Center for Entrepreneurship and Innovation, Shorooq Partners and AUC students bodies: Business Association and Economics Association; as well as AUC School of Business official media channels. Those different channels cultivate a following of over 30,000 national and international students, faculty, and staff, as well as the entrepreneurial ecosystem locally and globally.

Prizes & Awards

All participating teams will receive a certificate of participation. Top performing individuals will get fast-tracked to an internship opportunity at Shorooq Partners.

Best Student VC teams get a chance to win cash prizes up to $4,000, classified as follows: