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Sunday, 28 February 2021

1 Trolley among the prizewinners in EBRD’s startup innovation challenge

Egyptian pick-up and delivery platform 1Trolley is the only MENA business among the prizewinners of the European Bank of Reconstruction and Development’s (EBRD) Startup Innovation Challenge, the bank said in a press release (pdf). The company beat 226 competing businesses from the 30 EBRD countries, and will share a USD 500k prize with the other four winners, which will be doled out partially in kind and partially through advisory vouchers. The vouchers give businesses access to business diagnostics, as well as technical support, mentoring and access to international investors.

About the business: 1Trolley operates a mobile app allows users to order different categories of products from nearby grocery stores, gift shops, restaurants, and pharmacies.

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