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Fund profile

AUC Venture Lab

AUC Venture Lab

Cairo, Egypt

Not leading

About

AUC Venture Lab (V-Lab) is Egypt's first university-based startup accelerator, launched in 2013 by the American University in Cairo as part of the Onsi Sawiris School of Business. Operating in Cairo, V-Lab has a dual mission: helping Egyptian startups commercialize innovative technologies into viable ventures that contribute to economic growth and job creation, while providing an entrepreneurship learning platform for the AUC community. Since launch, V-Lab has supported more than 1,000 entrepreneurs and incubated 115 startups. In its first five years alone, those companies generated EGP 88 million in revenues, raised more than EGP 220 million in investment, and created over 500 jobs. The flagship four-month program guides entrepreneurs through designing and scaling tech-enabled businesses while preparing for institutional investment — with checks at the pre-seed stage up to $100,000. In 2016, V-Lab launched a dedicated FinTech Accelerator Program in partnership with Commercial International Bank (CIB). Corporate partners include Arab African International Bank as co-founder, along with SODIC, Shell, and General Electric. V-Lab has received eight international awards recognizing its impact on the Egyptian and MENA entrepreneurship ecosystems. Its position within a leading regional university gives it a distinctive ability to connect early founders with academic networks, research infrastructure, and a growing alumni community. The accelerator has established itself as the anchor institution for tech-enabled startup formation in Egypt and a recognized model for university-affiliated venture programs across North Africa.

Details

Average check

$0-$100K

Round

Pre-seed

Previous Investments

E-commerce & RetailFintech & Financial servicesSaaSSoftware & Apps

Geo focus

MENAAfrica

Highlights

$25k

Historical average check

$100k

Historical max check

June 2025

Last investment date

115

Investments

Fintech & Financial services

Software & Apps

E-commerce & Retail

SaaS

Education

Healthtech & Wellness

CleanTech & Sustainability

Other

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Contacts

Website

business.aucegypt.eduresearch/centers/vlab

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