Sousse, the third largest city of Tunisia now has its first private startup incubator: The 777. Co-founded by Faten Aissi Zardi & Khaireddine Fredj who themselves are entrepreneurs, The 777 has just launched and is now accepting applications from tech startups.
The incubator that has a nine-month long program will accept 5 startups for its first cycle, selected startups will receive different benefits including office space, mentorship and coaching, and more. The 777 will also provide startups with funding against equity in them.
Faten Aissi Zardi, the Co-founder & COO of 777 told us that they’ve chosen Sousse for the incubator because there are hardly any facilitators in the city who support the startup ecosystem. The 777 wants to change that by helping entrepreneurs from the city realize their dreams.
“We don’t see other accelerator or incubators in the country as competitors because each one is specialized in supporting startups in a certain stage. The ecosystem is so small and if we don’t collaborate with each other we will not be efficient enough,” said Faten speaking to MENAbytes, about the competition.
777 wants to create a healthy and sustainable ecosystem in the city through its dedicated support to innovative startups.
“It is our job to accompany the entrepreneurs in the process of realizing their ideas. We believe in the significance of our role in transforming the students of today to the entrepreneurs of tomorrow by encouraging the spirit of innovation in them,” says Khaireddine Fredj, CEO of 777.
Daniel Doppler, Partner in 777, asserts that the incubator’s services are also targeted to industrialists, telecommunication companies and financial institutions. “Through open innovation, all these players will be able to sponsor the creation of startups that can effectively respond to any technological problem within their organizations in the future.”
777 is now accepting applications from startups without any restriction as long as they have a great team with a scalable idea. You can apply for the program using their website.
Latest posts by MB Staff (see all)
- YouTube Premium and YouTube Music launch in different countries of MENA including UAE, Saudi, Bahrain, Kuwait and Lebanon - September 11, 2019
- Egypt’s Doctoorum raises investments for its medical tourism marketplace - September 9, 2019
- Dubai-based fintech Foloosi raises $500,000 seed to make cashless payments easy - September 8, 2019