Innovation Arena to launch, investors to attend

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Mon, 13 Nov 2017 - 12:55 GMT

BY

Mon, 13 Nov 2017 - 12:55 GMT

 Minister of Communication and Information Technology Yasser el Kady - Press Photo

Minister of Communication and Information Technology Yasser el Kady - Press Photo

CAIRO – 13 November 2017: Some 50 groups of innovative young people will take part in the “Innovation Arena” where competitions will be held at Cairo Information and Communication Technology (ICT) from December 3 to 6.

The conference, which is the largest one dedicated to communication and information technologies in the region, will be held at the Cairo Exhibitions Center under the auspices of President Abdel-Fatah al-Sisi.



Competitors have to present their inventions, apps and ideas that will help in developing health, education, social communication, smart villages and e-payments and services to citizens in general in addition to citizens with special needs in particular. Their exhibits will be monitored by investors who will have the chance to adopt the ideas they deem beneficial and profitable.



Since 2017 was named the Year of Egyptian Women, the competitions will also include a special prize for the best innovations set forth by women and girls. The prizes amass up to LE 500,000 ($28,305). The conference is set to be the biggest forum where youth innovation meets companies, investors and funds that can change their fortunes to turn them from innovators to entrepreneurs and business owners.

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