NETWORK ON THE NILEThe Multiplier Effect at Work in Cairo’s Tech Sector

Powered by:

..

The success of Cairo’s tech sector can be seen in companies such as ITWorx.

• Software firm founded in 1994

• Currently employs 850 people

• Awarded “Partner of the Year” by Microsoft

• Offices in Canada, Egypt, Qatar, Saudi Arabia, Switzerland, United Kingdom, and the U.S.A.

Source: Endeavor Insight analysis

.

METHODOLOGY

We studied the entire tech sector to find additional instances of connections among companies.

• Who MENTORED you as you built your company?

• Who INSPIRED you to become an entrepreneur?

• Who INVESTED in your company?

• Where were you EMPLOYED before becoming an entrepreneur?

• Have you FOUNDED any additional companies?

We asked more than 200 Cairo tech founders five questions:

Note: In all, 236 surveys were completed. Supplementary data was gathered using CrunchBase and LinkedIn.

Legend:

FORMER EMPLOYEES

MENTORSHIPINVESTMENTFOUNDER

INSPIRATION

However, the influence of ITWorx isn’t limited to its expansion and job creation. The firm has also spawned dozens of other Cairo tech firms.

ITWORX

2MDOTNET

3AYEZANGA7.COM

ALERTIAMOBILE

BEY2OLLAK

BLUECLOUD

CAIROSOURCE

CAREERISE

CENTRIVISION

CODELAB

CODLY

CONNECTMETV

CROWDDYNAMIX

DIGITALREPUBLIC

DRBRIDGE

EL7A2

EN2LY

ENTERTECH

EXPERTWAVE

F16APPS

FASEELA

FROGCELL

GAMESBOND

GIOVENTY

HATEFNA

IMIDOS

INFRALAYER

JOYPATTERNS

KHAYALINTERACTIVE

L55S

LINKDOTNET

MADRASTAK

NETCELERA

OFFERNA

ORBDEVELOPMENT

PIERIDE

QHAT

SAFARISTUDIO

SNAPZE

SOLVERMINE

SUPERMAMA

SWIPE'NTAP

TATELECOM

TIMELINEINTERACTIVE

TRUSTIOUS

UNIQUESOLUTIONSFORSERVICESANDSUPPLIESSAE

WIRELESSDYNAMICS

WRITEIT

1994-1996

1999-2006

2007-2011

2012-2014

YearFounded

Influence of ITWorx(1993-2014)

Source: Endeavor Insight analysis

Legend:

FORMER EMPLOYEES

MENTORSHIPINVESTMENTFOUNDER

INSPIRATION

The Cairo tech ecosystem was very small in the early 1990s.

Cairo Tech Sector Network Map(c. 1998)

MEGAMEDIA

ANACADEGYPT

ARABIZE

ASSERAGKNOWLEDGESYSTEMS

ASSETTECHNOLOGYGROUP

MAZIKA.COM

EGYPTNETWORK

EQUINOXGRAPHICS

ESRINORTHEASTAFRICA

INTOUCH

IPMAGIX

PROMISE

ITWORX

ENTERTECH

LINKEGYPT

MASRAWY

NSYSCOMPANY

PROSYLAB

VICTORYLINK

1991-1998

YearFounded

Source: Endeavor Insight analysis

Legend:

FORMER EMPLOYEES

MENTORSHIPINVESTMENTFOUNDER

INSPIRATION

The sector began to expand more quickly through the early 2000s.

Cairo Tech Sector Network Map(c. 2006)

MEGAMEDIA

AIM

AKHBARAK.NET

ANACADEGYPT

SI-WARE

ARABIZE

OTLOB

ASGATECH

ASSERAGKNOWLEDGESYSTEMS

ASSETTECHNOLOGYGROUP

CONNECTMETV

OPENCRAFT

TIMELINEINTERACTIVE

ARABHARDWARE.COM

DASHSOFT

EGYPTHOMEIT

MAZIKA.COM

EGYPTNETWORK

ELMASRYELYOUM

EMERGETECHNOLOGY

EQUINOXGRAPHICS

ESRINORTHEASTAFRICA

EXTREMESOLUTION

GCSSD

SAFARISTUDIO

INFORMATIQUE

INTOUCH

IPMAGIX

PROMISE

WIRELESSDYNAMICS

ITWORX

CENTRIVISION

ENTERTECH

KHAYALINTERACTIVE

LINKDOTNET

NETCELERA

TATELECOM

WRITEIT

GAWB

LINKEGYPT

LINUX-PLUSINFORMATIONSYSTEMS

MAKTABAKDOTNET

MASRAWY

NSYSCOMPANY

NRGSOLUTIONS

ONECARD

IT-BLOCKS

PROSYLAB

RAYACORP

SARMADY

SILVERKEYTECHNOLOGIES

VISIONSOLUTIONS

ZADSOLUTIONS

ABDOUZBAZAAR.COM

SYSDSOFT

LASILKA

EGYNILE

TECHNOWIRELESS

VICTORYLINK

NETWORKDYNAMICS

XCEED

SUMERGE

1991-1998

1999-2006

YearFounded

Source: Endeavor Insight analysis

Legend:

FORMER EMPLOYEES

MENTORSHIPINVESTMENTFOUNDER

INSPIRATION

The number of tech companies more than doubled in the next four years.

Cairo Tech Sector Network Map(c. 2011)

BASHARSOFT

MEGAMEDIA

SMALLWORLDINTERACTIVE

7ELME

AIM

AKHBARAK.NET

EDFA3LY

ALZWAD

ANACADEGYPT

SI-WARE

AQARMAP.COM

EVENTTUS

MRRHA

ARABIZE

2TRAVEL2EGYPT

OTLOB

ASGATECH

ASSERAGKNOWLEDGESYSTEMS

ASSETTECHNOLOGYGROUP

BEY2OLLAK

BRIGHTCREATIONS

GIOVENTY

CAIROSOURCE

CAIROZOOM

CAREERISE

CIRCLETIE

CODESCALERS

RAWA7

CLOUDNINERSLTD

HASHAPPS

NILECODE

CONNECTMETV

EL7A2

MEDIANTECH

OPENCRAFT

SUPERMAMA

TIMELINEINTERACTIVE

UNIQUESOLUTIONSFORSERVICESANDSUPPLIESSAE

CROWDDYNAMI�

EBRANDING3��

DAMLAG

DARE�N�DEAL

ARABHARDWARE.COM

DASHSOFT

DIGITALREPUBLIC

IQRAALY

DISALATA.COM

DOMINOSMEDIA

E-MASARY

RAZYTECHNOLOGIES

BYAA3STORES

EGTNS

EGYCLOUD

EGYPTHOMEIT

MAZIKA.COM

FACESSTUDIOS

EGYPTNETWORK

CEQUENS

TECHEGY

ELMASRYELYOUM

EMERGETECHNOLOGY

SYSTE�

EQUINO�GRAPHICS

ESEED

UCROWD

ESRINORTHEASTAFRICA

LOGICDESIGNS

ETQANTECH

E�TREMESOLUTION

F��APPS

RFIDINREGION

FI-ME

T-DESIGN

GCSSD

SAFARISTUDIO

GOSOS

SWIPE�NTAP

INFORMATIQUE

INTOUCH

IPMAGI�

PROMISE

WIRELESSDYNAMICS

IPHONEISLAM

ITWOR�

2MDOTNET

BLUECLOUD

CENTRIVISION

CODELAB

ENTERTECH

E�PERTWAVE

FROGCELLIMIDOS

KHAYALINTERACTIVE

LINKDOTNET

NETCELERA

OFFERNA

ORBDEVELOPMENT

TATELECOM

WRITEIT

ZOBOON

KAWKB

KI�AMII

GAWB

EKSHEF

LINKEGYPT

QABILATV

LINU�-PLUSINFORMATIONSYSTEMS

MAKTABAKDOTNET

MASHLTD

RAYASOCIALMEDIA

MASRAWY

NSYSCOMPANY

CLICKSOLUTIONS

DESIGNOLOGY

NABDACARE

NRGSOLUTIONS

ONECARD

OTEENA

IT-BLOCKS

PROSYLAB

SOCIALFRUITS

WASALNY

RAYACORP

SARMADY

BOOKS

SILMINDS

SILVERKEYTECHNOLOGIES

VISIONSOLUTIONS

MIPE�

ZADSOLUTIONS

BRANDCOW

CARTOONHERO

EMPTYSTUDIOS

FOOTA

ABDOUZBAZAAR.COM

ABLAABLA.COM

FUSTANY

SYSDSOFT

CITE�SOFTWARE

ELMENUS

IPNEO

LASILKA

EGYNILE

SACHABOOKS

TECHNOWIRELESS

THEPLANET

VICTORYLINK

NETWORKDYNAMICS

�CEED

YOU�ELTECHNOLOGY

2�TRENDS

COREBPO

SUMERGE

1991-1998

1999-2006

2007-2011

YearFounded

Source: Endeavor Insight analysis

Legend:

FORMER EMPLOYEES

MENTORSHIPINVESTMENTFOUNDER

INSPIRATION

Today, the Cairo tech sector is well-developed and deeply connected.

Cairo Tech Sector Network Map(c. 2014)

20USES

BASHARSOFT

EDUKITTEN

ESHTERY

SUPERNEUR

ZAAGEL

5D-FIFTHDIMENSION

GAMESBOND

MEGAMEDIA

SMALLWORLDINTERACTIVE

7ELME

COLORS

AIMRESTARTTECHNOLOGY

AKHBARAK.NET

EDFA3LY

EGYPTIANSTREETS

SPYROSGAMES

ALZWAD

REVIEWZAT.COM

ANACADEGYPT

SI-WARE

AQARMAP.COM

EVENTTUS

GOEJAZA

MRRHA

ARABIZE

2TRAVEL2EGYPT

OTLOB

ASGATECH

CODLY

NOST

ASSERAGKNOWLEDGESYSTEMS

SIMPLEX

ASSETTECHNOLOGYGROUP

BEY2OLLAK

BUSPOOLING

SOUTAK

ERPIANS

MAPTURE

BOONMARKS

ENNOTA.COM

BRIGHTCREATIONS

TELECOSYS

TELLUS

GIOVENTY

CAIROSOURCE

WASEL

CAIROZOOM

SCOOPEMPIRE

CAREERISE

BEDOUNKALAM

CIRCLETIE

BUSINESSSENSE

CODESCALERS

RAWA7

CLOUDNINERSLTD

HASHAPPS

NILECODE

CONNECTMETV

EL7A2

GETSIRCLES

GYROLABS

MEDIANTECH

OPENCRAFT

OVERCSTUDIOS

SUPERMAMA

TIMELINEINTERACTIVE

UNIQUESOLUTIONSFORSERVICESANDSUPPLIESSAE

COTERIQUE

UNPLUGGED

CROWDDYNAMIX

CULTARK

EBRANDING3�0

ENGEZNI

ZEX

DAMLAG

DARE�N�DEAL

APRCOT

ARABHARDWARE.COM

BUYANDEARN.COM

DAWAYA.COM

ENOVA

DASHSOFT

DIGITALREPUBLIC

DIGITREE

ENGEZ

IQRAALY

NOFOOS

DISALATA.COM

MONKEYSINTUXEDOS

DOMINOSMEDIA

E-MASARY

ELCHEMIZESOLUTIONS

RAZYTECHNOLOGIES

E7GEZONLINE

ESYNOD

BYAA3STORES

SAYDALEE

TASKTY

EGTNS

KASHEFLABS

EGYCLOUD

EGYPTHOMEIT

MAZIKA.COM

QUANTROBOTS

FACESSTUDIOS

EGYPTNETWORK

CENTIONECEQUENS

TECHEGY

ZAMAYEL

ELMASRYELYOUM

EL7ESAB

ZA7MAA

EMERGETECHNOLOGY

TAWSEELA

ARKABEH

SYSTEX

BRAINGIZERSPREADO

EPICMEDIAHOUSE

VEENETWORKS

EQUINOXGRAPHICS

ESEED

CYBERKORA

UCROWD

ESRINORTHEASTAFRICA

CODESTREAMZ

ET3ALEM.COM

INNOVITO

LOGICDESIGNS

ETQANTECH

EXTREMESOLUTION

INSTABUG

F��APPS

NAFHAM

FARMINAL

RFIDINREGION

FI-ME

YADGET

FRITILL

T-DESIGN

GCSSD

SAFARISTUDIO

GENU

CAMELCASE

GOSOS

SWIPE�NTAP

IDTCONSULTING�SYSTEMS

SMARTECHFORTECHNOLOGICALSYSTEMS

INFORMATIQUE

INFRALAYER

QEYE

TAB3.TV

INTEGREIGHT

FRIEN�0

KENRYS

INTOUCH

IPMAGIX

PROMISE

WIRELESSDYNAMICS

IPHONEISLAM

UMBRELLACOMMUNICATION

ITWORX

2MDOTNET3AYEZANGA7.COM

ALERTIAMOBILE

BLUECLOUD

CENTRIVISION

CODELAB

DRBRIDGE

EN2LY

ENTERTECH

EXPERTWAVE

FASEELA

FROGCELL

HATEFNA

IMIDOS

JOYPATTERNS

KHAYALINTERACTIVE

L55S

LINKDOTNET

MADRASTAK

NETCELERA

OFFERNA

ORBDEVELOPMENT

PIERIDE

QHAT

SNAPZE

SOLVERMINE

TATELECOM

TRUSTIOUSWRITEIT

ZOBOON

KAWKB

ALSHA3BYORED.COME3LNLY.COM

GARAYD

BOXIMIZETRYVIN

KIJAMII

KOTOBI.COM

DAKATRA

ELWAFEYAT

GAWB

ASKNATIVE

EKSHEF

INTHEKLOUD

LINKEGYPT

QABILATV

SHAREMYRIDE

LINUX-PLUSINFORMATIONSYSTEMS

MAKTABAKDOTNET

THEUPTI.ME

MASHLTD

RAYASOCIALMEDIA

SIMPLATIVE

MASRAWY

NSYSCOMPANY

CLICKSOLUTIONS

DESIGNOLOGY

INTERACT

EGYDRIODXPOZ

MUBASHERINFO

NABDACARE

JIDARI

NRGSOLUTIONS

EMOKHALFA

WEFTID

CIRQY

LOCNAME

ONECARD

OTEENA

XONEBEE

CASTPACE

IT-BLOCKS

PROSYLAB

SOCIALFRUITS

WASALNY

RAWY

RAYACORP

RAYE7

BOXOIT

SARMADY

BOOKS

DSQUARES

SOUQELHAKIM.COM

SILMINDS

SILVERKEYTECHNOLOGIES

VISIONSOLUTIONS

SIMPLEIA

MIPEX

ZADSOLUTIONS

SLICKR

BRANDCOW

CARTOONHERO

EMPTYSTUDIOS

FOOTA

SOFTLOCK

QUAD-S

ABDOUZBAZAAR.COM

ABLAABLA.COM

FUSTANY

MOSTAQQEL

SYSDSOFT

CITEXSOFTWARE

ELMENUS

IPNEO

JOBZELLA

LASILKA

MUBSER

3�0DALEEL

THINKEGY

EGYNILE

PUSHBOTS

SPACEGENE

TENNRA

SACHABOOKS

TECHNOWIRELESS

ELMASNA3

THEPLANET

VICTORYLINK

VOOMATIC

APPTHROUGH

WARSHETY

NETWORKDYNAMICS

XCEED

YOUXELTECHNOLOGY

RAISININC.

KARTAG

25TRENDS

COREBPO

SUMERGE

1991-1998

1999-2006

2007-2011

2012-2014

YearFounded

Source: Endeavor Insight analysisFull map contains 295 companies and 430 connections: 115 serial entrepreneurship;102 former employees; 64 inspiration; 21 investment; 128 mentorship

Legend:

FORMER EMPLOYEES

MENTORSHIPINVESTMENTFOUNDER

INSPIRATION

Cairo Tech Sector Network Map(c. 2014)

Several local firms have become highly influential.

20USES

BASHARSOFT

EDUKITTEN

ESHTERY

SUPERNEUR

ZAAGEL

5D-FIFTHDIMENSION

GAMESBOND

MEGAMEDIA

SMALLWORLDINTERACTIVE

7ELME

COLORS

AIMRESTARTTECHNOLOGY

AKHBARAK.NET

EDFA3LY

EGYPTIANSTREETS

SPYROSGAMES

ALZWAD

REVIEWZAT.COM

ANACADEGYPT

SI-WARE

AQARMAP.COM

EVENTTUS

GOEJAZA

MRRHA

ARABIZE

2TRAVEL2EGYPT

OTLOB

ASGATECH

CODLY

NOST

ASSERAGKNOWLEDGESYSTEMS

SIMPLEX

ASSETTECHNOLOGYGROUP

BEY2OLLAK

BUSPOOLING

SOUTAK

ERPIANS

MAPTURE

BOONMARKS

ENNOTA.COM

BRIGHTCREATIONS

TELECOSYS

TELLUS

GIOVENTY

CAIROSOURCE

WASEL

CAIROZOOM

SCOOPEMPIRE

CAREERISE

BEDOUNKALAM

CIRCLETIE

BUSINESSSENSE

CODESCALERS

RAWA7

CLOUDNINERSLTD

HASHAPPS

NILECODE

CONNECTMETV

EL7A2

GETSIRCLES

GYROLABS

MEDIANTECH

OPENCRAFT

OVERCSTUDIOS

SUPERMAMA

TIMELINEINTERACTIVE

UNIQUESOLUTIONSFORSERVICESANDSUPPLIESSAE

COTERIQUE

UNPLUGGED

CROWDDYNAMIX

CULTARK

EBRANDING3�0

ENGEZNI

ZEX

DAMLAG

DARE�N�DEAL

APRCOT

ARABHARDWARE.COM

BUYANDEARN.COM

DAWAYA.COM

ENOVA

DASHSOFT

DIGITALREPUBLIC

DIGITREE

ENGEZ

IQRAALY

NOFOOS

DISALATA.COM

MONKEYSINTUXEDOS

DOMINOSMEDIA

E-MASARY

ELCHEMIZESOLUTIONS

RAZYTECHNOLOGIES

E7GEZONLINE

ESYNOD

BYAA3STORES

SAYDALEE

TASKTY

EGTNS

KASHEFLABS

EGYCLOUD

EGYPTHOMEIT

MAZIKA.COM

QUANTROBOTS

FACESSTUDIOS

EGYPTNETWORK

CENTIONECEQUENS

TECHEGY

ZAMAYEL

ELMASRYELYOUM

EL7ESAB

ZA7MAA

EMERGETECHNOLOGY

TAWSEELA

ARKABEH

SYSTEX

BRAINGIZERSPREADO

EPICMEDIAHOUSE

VEENETWORKS

EQUINOXGRAPHICS

ESEED

CYBERKORA

UCROWD

ESRINORTHEASTAFRICA

CODESTREAMZ

ET3ALEM.COM

INNOVITO

LOGICDESIGNS

ETQANTECH

EXTREMESOLUTION

INSTABUG

F��APPS

NAFHAM

FARMINAL

RFIDINREGION

FI-ME

YADGET

FRITILL

T-DESIGN

GCSSD

SAFARISTUDIO

GENU

CAMELCASE

GOSOS

SWIPE�NTAP

IDTCONSULTING�SYSTEMS

SMARTECHFORTECHNOLOGICALSYSTEMS

INFORMATIQUE

INFRALAYER

QEYE

TAB3.TV

INTEGREIGHT

FRIEN�0

KENRYS

INTOUCH

IPMAGIX

PROMISE

WIRELESSDYNAMICS

IPHONEISLAM

UMBRELLACOMMUNICATION

ITWORX

2MDOTNET3AYEZANGA7.COM

ALERTIAMOBILE

BLUECLOUD

CENTRIVISION

CODELAB

DRBRIDGE

EN2LY

ENTERTECH

EXPERTWAVE

FASEELA

FROGCELL

HATEFNA

IMIDOS

JOYPATTERNS

KHAYALINTERACTIVE

L55S

LINKDOTNET

MADRASTAK

NETCELERA

OFFERNA

ORBDEVELOPMENT

PIERIDE

QHAT

SNAPZE

SOLVERMINE

TATELECOM

TRUSTIOUSWRITEIT

ZOBOON

KAWKB

ALSHA3BYORED.COME3LNLY.COM

GARAYD

BOXIMIZETRYVIN

KIJAMII

KOTOBI.COM

DAKATRA

ELWAFEYAT

GAWB

ASKNATIVE

EKSHEF

INTHEKLOUD

LINKEGYPT

QABILATV

SHAREMYRIDE

LINUX-PLUSINFORMATIONSYSTEMS

MAKTABAKDOTNET

THEUPTI.ME

MASHLTD

RAYASOCIALMEDIA

SIMPLATIVE

MASRAWY

NSYSCOMPANY

CLICKSOLUTIONS

DESIGNOLOGY

INTERACT

EGYDRIODXPOZ

MUBASHERINFO

NABDACARE

JIDARI

NRGSOLUTIONS

EMOKHALFA

WEFTID

CIRQY

LOCNAME

ONECARD

OTEENA

XONEBEE

CASTPACE

IT-BLOCKS

PROSYLAB

SOCIALFRUITS

WASALNY

RAWY

RAYACORP

RAYE7

BOXOIT

SARMADY

BOOKS

DSQUARES

SOUQELHAKIM.COM

SILMINDS

SILVERKEYTECHNOLOGIES

VISIONSOLUTIONS

SIMPLEIA

MIPEX

ZADSOLUTIONS

SLICKR

BRANDCOW

CARTOONHERO

EMPTYSTUDIOS

FOOTA

SOFTLOCK

QUAD-S

ABDOUZBAZAAR.COM

ABLAABLA.COM

FUSTANY

MOSTAQQEL

SYSDSOFT

CITEXSOFTWARE

ELMENUS

IPNEO

JOBZELLA

LASILKA

MUBSER

3�0DALEEL

THINKEGY

EGYNILE

PUSHBOTS

SPACEGENE

TENNRA

SACHABOOKS

TECHNOWIRELESS

ELMASNA3

THEPLANET

VICTORYLINK

VOOMATIC

APPTHROUGH

WARSHETY

NETWORKDYNAMICS

XCEED

YOUXELTECHNOLOGY

RAISININC.

KARTAG

25TRENDS

COREBPO

SUMERGE

1991-1998

1999-2006

2007-2011

2012-2014

YearFounded

Source: Endeavor Insight analysisFull map contains 295 companies and 430 connections: 115 serial entrepreneurship;102 former employees; 64 inspiration; 21 investment; 128 mentorship

.

90% Men10% Women

64% attended a private high school36% attended a public high school

10

0

20

30

40

50

Under 20 21 to 26 27 to 32 33 to 38 Over 39

Nu

mb

er o

f Fo

un

der

s

Founder Age at First Company’s Founding

We analyzed the characteristics of the founders of Cairo’s tech companies, such as their ages.

Source: Endeavor Insight analysis

.

17%

16%

9%

American University of Cairo

Ain Shams University

Cairo University

32% of Cairo tech companies have at least one founder who attended one of these three universities.

Three local universities are responsible for graduating a large number of these tech founders.

Source: Endeavor Insight analysis

.

100

2010 2011 2012 2013 20140

200

300

400

35% CompoundAnnual Growth Rate

Number of Cairo Tech Companies

The growth of Cairo’s tech sector has been quite fast.

Source: Endeavor Insight analysis

.

100

20102011

20122013

20140

200

300

400

136

187

351

430

260

Nu

mb

er

of

Co

nn

ect

ion

s

33% CompoundAnnual Growth Rate

The connections between companies have grown alongside the the sector.

Source: Endeavor Insight analysis

Nu

mb

er

of

Co

nn

ect

ion

s

.

100

2010

Inspiration

MentorshipInvestment

Former employee

Serial entrepreneurship

20112012

20132014

0

200

300

40027%

24%

5%

29%

15%

33% CompoundAnnual Growth Rate

136

187

351

430

260

Number of Connections among Cairo Tech Firms

This growth has included all five connection types.

Source: Endeavor Insight analysis

.

Inspiration

MentorshipInvestment

Former employee

Serial entrepreneurship

0

1,500

500

2,000

1,000

20092012

20102013

2011

719

1,070

1,503

1,813

2,070

16%

21%

42%

15%

6%

NYC — Connections Growth

20102013

20112014

2012

Cairo — Connections Growth

0

300

100

400

200

27%

24%

5%

29%

15%

136

187

351

430

260

The growth of inter-company connections in Cairo has mirrored that of New York, the world’s fastest-growing urban tech sector.

Nu

mb

er o

f co

nn

ecti

on

s

Nu

mb

er o

f co

nn

ecti

on

s

Source: Endeavor Insight analysis

.

Source: Endeavor Insight analysis

Investment is an area in which Cairo’s tech sector lags behind. While the ecosystem of each city grew at a similarly high rate over the course of a five-year period, the amount of angel investment in Cairo barely grew at all.

0

1,500

500

2,000

1,000

20092012

Nu

mb

er o

f C

on

nec

tio

ns

20102013

2011

719

1,070

1,503

1,813

2,070

42%

136

187

351

430

260

Cairo — Connections Growth

0

300

100

400

200

5%

Nu

mb

er o

f C

on

nec

tio

ns

Nevertheless, Cairo seems to lack angel investment — entrepreneurs aren’t really investing in each other’s success.

NYC — Connections Growth

20102013

20112014

2012

.

Cairo’s tech sector lacks venture capital investment just as much as it lacks angel investment.

Cairo: NYC:

1 in 10 >5 in 10companies receivedinvestment from a VC.

companies receivedinvestment from a VC.

$$$$$$$$$$ $$$$$$$$$$

Note: Includes only companies connected into the local tech network in both Cairo and NYCSource: Endeavor Insight analysis

.

Source: Endeavor Insight analysis

Cairo tech founders also cited a number of factors as major or severe obstacles to running their businesses:

40%

50%

50%

60%

cited the lack of availability of top scientists and engineers.

cited the lack of availability of top managers.

cited corruption.

cited political instability.

.

• Employs more than 1500 people.

• Sold to Intel in 2011. • Has expanded throughout the world.

There have been very few major successes in Cairo. As a matter of fact, only three companies have managed to make a significant impact.

Source: Endeavor Insight analysis

.

Source: Endeavor Insight analysis

Nearly two-thirds of companies in the network are connected, either directly or indirectly, to one of Cairo’s three most influential companies.

• Employs more than 1500 people.

• Sold to Intel in 2011. • Has expanded throughout the world.

• Directly connected to 22 companies.

• Directly connected to 23 companies.

• Directly connected to 48 companies.

However, the founders of these firms have been very active when it comes to supporting their fellow entrepreneurs.

.

Source: Endeavor Insight analysis

Former employees leaving to create new spinout companies are another strength of the Cairo tech sector.

Nearly 30% of companies in the network were founded by former employees of other Cairo tech firms.

Sixteen companies in the network were founded by former employees of multiple other companies.

.

Source: Endeavor Insight analysis

The vast majority of founders ranked the factors below as either no obstacle orminor obstacles to running their businesses:

80%

75%

75%

70%

cited access to high-quality incubators and accelerators.

cited licensing procedures and business and labor regulations.

cited access to legal or tax services.

cited access to customers.

.

Source: Endeavor Insight analysis

Today, the Cairo tech ecosystem employs thousands.

5,000

20142015

20162017

20180

20192020

10,000

15,000

20,000

Nu

mb

er

of

Job

s

.

Source: Endeavor Insight analysis

20142015

20162017

20180

20192020

If the Cairo tech sector continues to create high-quality, high-paying jobs at its current rate, it will go on to employ thousands more within the next six years.

5,000

10,000

15,000

20,000

Nu

mb

er

of

Job

s

31% CompoundAnnual Growth Rate

Projected Employment if CurrentGrowth Rate is Sustained

.

Thank You!You can find this presentation and a set of interactive

network maps at www.cairotechmap.com.

Legend:

FORMER EMPLOYEES

MENTORSHIPINVESTMENTFOUNDER

INSPIRATION

Cairo Tech Sector Network Map(c. 2014)

20USES

BASHARSOFT

EDUKITTEN

ESHTERY

SUPERNEUR

ZAAGEL

5D-FIFTHDIMENSION

GAMESBOND

MEGAMEDIA

SMALLWORLDINTERACTIVE

7ELME

COLORS

AIMRESTARTTECHNOLOGY

AKHBARAK.NET

EDFA3LY

EGYPTIANSTREETS

SPYROSGAMES

ALZWAD

REVIEWZAT.COM

ANACADEGYPT

SI-WARE

AQARMAP.COM

EVENTTUS

GOEJAZA

MRRHA

ARABIZE

2TRAVEL2EGYPT

OTLOB

ASGATECH

CODLY

NOST

ASSERAGKNOWLEDGESYSTEMS

SIMPLEX

ASSETTECHNOLOGYGROUP

BEY2OLLAK

BUSPOOLING

SOUTAK

ERPIANS

MAPTURE

BOONMARKS

ENNOTA.COM

BRIGHTCREATIONS

TELECOSYS

TELLUS

GIOVENTY

CAIROSOURCE

WASEL

CAIROZOOM

SCOOPEMPIRE

CAREERISE

BEDOUNKALAM

CIRCLETIE

BUSINESSSENSE

CODESCALERS

RAWA7

CLOUDNINERSLTD

HASHAPPS

NILECODE

CONNECTMETV

EL7A2

GETSIRCLES

GYROLABS

MEDIANTECH

OPENCRAFT

OVERCSTUDIOS

SUPERMAMA

TIMELINEINTERACTIVE

UNIQUESOLUTIONSFORSERVICESANDSUPPLIESSAE

COTERIQUE

UNPLUGGED

CROWDDYNAMIX

CULTARK

EBRANDING3�0

ENGEZNI

ZEX

DAMLAG

DARE�N�DEAL

APRCOT

ARABHARDWARE.COM

BUYANDEARN.COM

DAWAYA.COM

ENOVA

DASHSOFT

DIGITALREPUBLIC

DIGITREE

ENGEZ

IQRAALY

NOFOOS

DISALATA.COM

MONKEYSINTUXEDOS

DOMINOSMEDIA

E-MASARY

ELCHEMIZESOLUTIONS

RAZYTECHNOLOGIES

E7GEZONLINE

ESYNOD

BYAA3STORES

SAYDALEE

TASKTY

EGTNS

KASHEFLABS

EGYCLOUD

EGYPTHOMEIT

MAZIKA.COM

QUANTROBOTS

FACESSTUDIOS

EGYPTNETWORK

CENTIONECEQUENS

TECHEGY

ZAMAYEL

ELMASRYELYOUM

EL7ESAB

ZA7MAA

EMERGETECHNOLOGY

TAWSEELA

ARKABEH

SYSTEX

BRAINGIZERSPREADO

EPICMEDIAHOUSE

VEENETWORKS

EQUINOXGRAPHICS

ESEED

CYBERKORA

UCROWD

ESRINORTHEASTAFRICA

CODESTREAMZ

ET3ALEM.COM

INNOVITO

LOGICDESIGNS

ETQANTECH

EXTREMESOLUTION

INSTABUG

F��APPS

NAFHAM

FARMINAL

RFIDINREGION

FI-ME

YADGET

FRITILL

T-DESIGN

GCSSD

SAFARISTUDIO

GENU

CAMELCASE

GOSOS

SWIPE�NTAP

IDTCONSULTING�SYSTEMS

SMARTECHFORTECHNOLOGICALSYSTEMS

INFORMATIQUE

INFRALAYER

QEYE

TAB3.TV

INTEGREIGHT

FRIEN�0

KENRYS

INTOUCH

IPMAGIX

PROMISE

WIRELESSDYNAMICS

IPHONEISLAM

UMBRELLACOMMUNICATION

ITWORX

2MDOTNET3AYEZANGA7.COM

ALERTIAMOBILE

BLUECLOUD

CENTRIVISION

CODELAB

DRBRIDGE

EN2LY

ENTERTECH

EXPERTWAVE

FASEELA

FROGCELL

HATEFNA

IMIDOS

JOYPATTERNS

KHAYALINTERACTIVE

L55S

LINKDOTNET

MADRASTAK

NETCELERA

OFFERNA

ORBDEVELOPMENT

PIERIDE

QHAT

SNAPZE

SOLVERMINE

TATELECOM

TRUSTIOUSWRITEIT

ZOBOON

KAWKB

ALSHA3BYORED.COME3LNLY.COM

GARAYD

BOXIMIZETRYVIN

KIJAMII

KOTOBI.COM

DAKATRA

ELWAFEYAT

GAWB

ASKNATIVE

EKSHEF

INTHEKLOUD

LINKEGYPT

QABILATV

SHAREMYRIDE

LINUX-PLUSINFORMATIONSYSTEMS

MAKTABAKDOTNET

THEUPTI.ME

MASHLTD

RAYASOCIALMEDIA

SIMPLATIVE

MASRAWY

NSYSCOMPANY

CLICKSOLUTIONS

DESIGNOLOGY

INTERACT

EGYDRIODXPOZ

MUBASHERINFO

NABDACARE

JIDARI

NRGSOLUTIONS

EMOKHALFA

WEFTID

CIRQY

LOCNAME

ONECARD

OTEENA

XONEBEE

CASTPACE

IT-BLOCKS

PROSYLAB

SOCIALFRUITS

WASALNY

RAWY

RAYACORP

RAYE7

BOXOIT

SARMADY

BOOKS

DSQUARES

SOUQELHAKIM.COM

SILMINDS

SILVERKEYTECHNOLOGIES

VISIONSOLUTIONS

SIMPLEIA

MIPEX

ZADSOLUTIONS

SLICKR

BRANDCOW

CARTOONHERO

EMPTYSTUDIOS

FOOTA

SOFTLOCK

QUAD-S

ABDOUZBAZAAR.COM

ABLAABLA.COM

FUSTANY

MOSTAQQEL

SYSDSOFT

CITEXSOFTWARE

ELMENUS

IPNEO

JOBZELLA

LASILKA

MUBSER

3�0DALEEL

THINKEGY

EGYNILE

PUSHBOTS

SPACEGENE

TENNRA

SACHABOOKS

TECHNOWIRELESS

ELMASNA3

THEPLANET

VICTORYLINK

VOOMATIC

APPTHROUGH

WARSHETY

NETWORKDYNAMICS

XCEED

YOUXELTECHNOLOGY

RAISININC.

KARTAG

25TRENDS

COREBPO

SUMERGE

1991-1998

1999-2006

2007-2011

2012-2014

YearFounded

Source: Endeavor Insight analysisFull map contains 295 companies and 430 connections: 115 serial entrepreneurship;102 former employees; 64 inspiration; 21 investment; 128 mentorship