Egyptian Edtech Startup Receives $160k Grant to Boost its AI Platform
DilenyTech, an e-health startup based in Egypt, has secured a US$160,000 non-equity grant to enhance its AI-enabled platform in the detection of breast cancer.
The startup, which was founded in 2018, aims to revolutionize the screening and diagnostic workflow of breast cancer by offering groundbreaking AI-based assistance for more precise diagnosis and accelerated reporting.
Developing solutions for medical imaging analysis, breast cancer risk assessment, and structured reporting the DilenyTech serves leading global healthtech companies across three different continents.
It now plans to scale up operations after obtaining $160,000 in grant capital from the Information Technology Academia Collaboration (ITAC) program, which is aligned with the Information Technology Industry Development Agency (ITIDA) of Egypt . This comes a few months after a US patent for a novel AI-enabled image analysis system was awarded to DilenyTech.
The founder and CEO of DilaneyTech, Dr Ahmed Ehab Mahmoud said, “Thousands of healthcare professionals can access our online platform anytime, anywhere. This shall reduce patients’ suffering due to long waiting time as well as inaccurate diagnosis”.
Startup grants in Africa
Here are some of the key grants that startup founders and entrepreneurs in Africa can benefit from.
1. SeedStars World
SeedStars World is one of the popular business grants offered to entrepreneurs from Africa. Seedstars Africa is an organization offering grants to startup and SMEs in more than 53 countries around the world, especially in regions such as Africa, Asia, the Middle East and South America.
2. Shared Interest
This business grants for Africans is lending support to basically young entrepreneurs in Africa. Shared Interest was established in 1990 with the aim of financing artisans, farmers and food producers in developing countries as a lending society founded situated in England.
This England-based organisation offers grants to young entrepreneurs across Africa. Shared Interest was established in 1990 with the key aim goal of financing artisans, farmers and food producers in developing countries.
3. Tony Elumelu Foundation Entrepreneurship Program
he Tony Elumelu Entrepreneurship Grant is provided by the Tony Elumelu Foundation (TEF) to finance 10,000 aspiring African entrepreneurs with a $100 million grant, generating 1,000,000 jobs and contributing $10 billion in annual revenue over the next 10 years to the African economy.
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