Mountain View inks partnership with AUC Venture Lab and AUC Innovation Hub

 

Mountain View, Leading real estate developer, AUC’s startup incubator (AUC Venture Lab), and AUC Innovation Hub (AUC iHub) inked a cooperation agreement to launch “Mountain View Success Program” tailored to develop entrepreneurs' skills and provide them with the needed competencies to kick off their start-ups. 

The partnership comes as a translation of Mountain View's vision that is fueled by innovation and deeply rooted by growth & development of creating distinctive communities for the adult generation, offering an introduction program that occurs 4 times annually with the aim of delivering the expertise of AUC Venture Lab to guide Mountain View’s residents on how to kick start their careers.

Proceeding each round of the program, a 3-day-course takes place entailing AUC experts and Mountain View’s prominent residence to grant a one-of-its-kind practical experience to the participants.  Leveraging on the company’s expertise in innovation and leadership, Mountain View will provide the entrepreneurs after the completion of the program, with training and opportunities where they can get hands-on experience to qualify them for the labor market and execute their innovative projects on Mountain View’s premises.

AUC Venture Lab is the leading accelerator in Middle East and Africa has accelerated more than 250 startups covering multiple sectors including health tech, e-commerce, financial technology, energy, sustainability, green economy, AI, logistics, mobility, in addition to digital and creative industries. In 2019, AUC Venture Lab was named the Middle East and North Africa Top Challenger in its fourth recognition by UBI Global, a Sweden-based research company specializing in mapping, highlighting, and connecting the world of business incubation and acceleration and in 2020, AACSB, the world’s largest business education network, ranked its Fintech Accelerator among the top 25 Fintech innovations worldwide& AUC iHub aims to productize innovations and create a sustainable impact in Egypt and solve some of the world's toughest challenges, by bringing together corporations, startups, AUC faculty and students together to research and co-create innovative solutions that benefit Egypt, the region and the world at large.

Amr Soliman, Founder & Chairman of Mountain View said, “Our Collaboration is synonymous with Mountain View's developmental role towards the youth, particularly striving entrepreneurs. We will provide them with the opportunity to pitch their innovative ideas and practical implementation, through employment opportunities at Mountain View’s communities or qualifying them for the labor market in general,” Mountain View has been a forerunner in this field. We were the first real estate developer in Egypt to create a real estate academy especially curated for youths interested in the sector.”

Ayman Ismail, AUC Venture Lab, AUC Innovation Hub Director and AUC’s Abdul Latif Jameel Endowed Chair of Entrepreneurship said, "We are delighted to be joining forces with Mountain View. The collaboration between AUC Venture Lab and Mountain View will allow our entrepreneurs an entry point to a strong and advanced community, a better understanding of their market opportunities and needs and most importantly, the expertise of the community’s experts and professionals which will further enrich our startups' experience. We look forward to opening up new opportunities for our entrepreneurs and to fostering the entrepreneurial mindset among the community members through activities and innovative services that exemplify our shared commitment to innovation." 

Wael Lotfy, Managing Director of Innovation & Marketing of Mountain View said, “Mountain View's journey started by empowering entrepreneurs since 2005 to encourage innovation and uniqueness in Mountain View’s communities as the company’s main vision adding to it, in 2010 with the foundation of Mountain View Real Estate Development Academy, in partnership with AUC, after the company’s executive’s management visit to the University of Singapore to explore the latest training techniques in the real estate sector. The academy, which is the first-of-its-kind in Egypt, has developed leaders whom are interested and working in the real estate sector and succeeded to graduate 400 leaders who proceeded with their careers via the company's expertise in innovation and leadership with this academy.”

 In 2020 Mountain View tailored a "Youth Development Program,” which aims to develop and empower the younger generations aged between 8 to 16 years old through a tailored program to educate youth about taking responsibility in making their own money, starting their own businesses both practically and theoretically. Mountain View also launched “Cultural Experiences program,” which aims to developing the youth community offering a variety of activities and events to reinforce to the contribution of the youth’s overall development. This reflects Mountain View’s long-term strategy to bolster the residents’ journey starting from nurturing their skills at a young age to supporting their future careers at a later stage through AUC’s incubator AUC Venture Lab with aim of building an entrepreneurial mindset among the participants.