The Technology Innovation and Entrepreneurship Center (TIEC) of the Information Technology Industry Development Agency (ITIDA) has signed a Memorandum of Understanding (MoU) with Huawei Technologies to launch Huawei Spark Program.
The program aims to provide opportunities for deep-tech startups to establish roots in new markets, accelerate their growth, widen their client reach, boost innovation, and build the capabilities of young talents on state-of-the-art ICT technologies.
Spark program propels digital transformation in various industries such as health, FinTech, education, energy, and other sectors, in line with Egypt's Vision 2030. It also seeks to tremendously impact the integrated entrepreneurship ecosystem in Egypt, unlocking the path of promising opportunities.
According to the MoU, the promising tech-driven startups operating in Artificial Intelligence (AI), data management, gaming, and e-commerce will be provided with free access to Huawei’s cloud resources. Additionally, selected startups will access Huawei’s training programs and technical support, including cloud and AI technologies. This is in addition to access to AI development framework, database, and operating system (OS) to develop their applications, services, and appliances.
Small and Medium-sized Enterprises (SMEs) represent the mainstay of the global economy and contribute mainly to creating job opportunities and achieving local economic growth. Huawei is keen to provide startups with access to its wide-ranging, global enterprise client portfolio through Huawei’s Cloud marketplace to accelerate growth and support the deployment of large-scale cloud services in a world increasingly dependent on digital technologies.
Huawei launched Spark in different countries worldwide to help cultivate ICT experts and build the local integrated ecosystem for entrepreneurship. The company fully believes that startups could grow faster with proper mentoring and support, to create more job opportunities to support the recovery of economies, regionally and globally.
