ITIDA, Dell Technologies Sign MoU to Support Startups, Raise Awareness of Modern Technologies

25 March 2019

The Information Technology Industry Development Agency (ITIDA) and Dell Technologies signed, today, a Memorandum of Understanding (MoU), during Dell Technologies Forum, held on March 25, in Cairo. The MoU aims to promote innovation and entrepreneurship, and develop capabilities of Egyptian startups, specialized in emerging technologies, including Artificial Intelligence (AI), Internet of Things (IoT) and Blockchain.

The MoU entails the transfer of Dell’s expertise to Egyptian youth and startups’ owners, through a network of mentors and experts, specialized in latest technologies, including automation processes, software development, AI, IoT, cybersecurity, and DevOps.

Experts are to provide expert advice to entrepreneurs and startups on business models and strategies, the standards of institutions’ readiness, technology infrastructure, sustainability of applications, and methods of archiving and managing digital files.

The MoU stipulates that the two parties cooperate in organizing a number of workshops to raise awareness of young Egyptian calibers of modern technologies, such as AI, Blockchain, and cloud computing, in Cairo, Alexandria, Assiut and in particular in new technology parks. The company is also committed to offer a number of cut-price products to startups, as part of Dell Technologies entrepreneurship program.

In addition, the MoU entails organizing a startup competition in collaboration between Dell Technologies and the Technology Innovation and Entrepreneurship Center (TIEC), affiliated to ITIDA. The first three winning startups will be invited to participate in Dell Technologies World conference, which is one of the world's leading IT events, held in Las Vegas, USA.

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