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Egyptian young businessman Omar Sakr wins ‘elevator pitch’ at the Africa 2017

December 13, 2017

Press Photo - Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar awarded CEO of Nawah-Scientific Omar Sakr the elevator pitch prize

Press Photo – Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar awarded CEO of Nawah-Scientific Omar Sakr the elevator pitch prize

Sharm-el-Sheikh, Egypt, 11 December 2017, -/African Media Agency (AMA)/- Khaled Abdel Ghaffar, Minister of Higher Education and Scientific Research, Egypt, awarded Omar Sakr, founder and CEO of Nawah-Scientific, the winning prize for the “elevator pitch” competition, which was held at Africa 2017 at Sharm-el-Sheikh, in Egypt. The prize is an entry to a training programme at Stanford Business School in California, the spiritual home of modern day entrepreneurs.

The competition, as part of Young Entrepreneurs Day, offered a chance for African start-ups to gain exposure and raise their profile by pitching their business ideas to an international delegation of executives representing capital prospects, business mentors, and advisors. From over 100 start-ups and entrepreneurs, 18 were selected to make ‘elevator pitches’ – each 3 minute in length maximum – where these young business leaders had the stage to present their idea and opportunity, highlight their needs and generate new leads.

Minister Gaffer mentioned that Egypt understands the important role that entrepreneurship and young entrepreneurs play in job creation and inclusive growth. The government is creating favourable environment to facilitate this, he added.

“I am thrilled to have won this competition,” said Sakr, “There were some amazing start-ups here and I am pleased to have won the opportunity to go to Stanford for the business management exposure.” Nawah-Scientific is the first, private, multidisciplinary research center in Egypt catering for natural and medical sciences. Nawah’s online platform receives task requests from individual scientists or industrial clients, samples to be analyzed are picked up via a partnership with courier services, experiments are carried by high caliber scientists and finally results are sent back online to the client.

Young Entrepreneurship Day partners, were impressed with the calibre of competitors. The judges were, Ben White, Founder and CEO, VC4Africa, Obi Ejimofo, COO, Asoko Insights, UK, Heba Ali, Managing Director, Egypt Ventures, Egypt and Abdelhameed Sharara, Founder and CEO, RiseUp, Egypt

Africa 2017 Forum is held under the high patronage of H.E. Abdel Fattah Al Sisi on 7th to 9th December 2017 in Sharm El Sheikh, Egypt, and is organized by the Ministry of Investment and International Cooperation of Egypt and the COMESA Regional Investment Agency (RIA).
The 2017 edition builds on the success of the inaugural Africa 2016, which saw participation of 6 Heads of State and more than 1,000 delegates from 45 countries. This year the programme has been enhanced with exclusive Presidential Roundtables with Africa leaders and CEOs as well as a Young Entrepreneurs Day
Africa 2017 remains the premier business platform to nurture new partnerships; meet investors and fast track your business objectives in Africa.

Take your place and belong in the conversation that will drive new projects, transactions and policy throughout the continent with global business leaders who will lead both dialogue and progress on some of the most important projects in Africa.

Omar Sakr is the founder and CEO of Nawah-Scientific. Omar graduated as a pharmacist in 2005 from Ain Shams University, Egypt, after which he was appointed as a teaching assistant in the department of Pharmaceutical Technology, at the German University of Cairo (GUC) where he got his MSc degree in 2009. Omar then started his PhD journey at the University of Geneva, Switzerland and got his doctoral degree in 2015. As a part of his studies Omar worked for 3 years as a researcher at Capsulution Pharma in Berlin (Germany). Omar’s research activities are focused on nanotech applications for controlled delivery of small molecules and biological drugs. To his name, Omar holds several scientific and business awards for innovative product design. He authored and co-authored several peer-reviewed articles and book chapters that are published in top journals in the field.
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