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