CAIRO – 17 June 2026: Egypt’s Ministry of Investment and Foreign Trade has launched the “Startup Egypt” platform, a new initiative aimed at supporting the country’s entrepreneurship ecosystem and accelerating startup growth.
The ministry is also studying the establishment of a venture capital company in partnership with The Sovereign Fund of Egypt to help provide the liquidity needed to finance startups, particularly during later stages of growth and expansion.
Speaking at the launch ceremony, Minister of Investment and Foreign Trade Mohamed Farid said startups play a key role in driving economic growth and creating jobs. He said the new platform is the first of its kind in Egypt to directly connect entrepreneurs and startups with government bodies, investors, and financing institutions.
Farid added that the platform is designed to support policy development, strengthen institutional dialogue, and help startups access the tools needed for growth and expansion.
He noted that one of the main challenges facing Egypt’s startup ecosystem is not only early-stage funding, but also securing financing for later growth phases. As a result, the ministry is working with The Sovereign Fund of Egypt to develop new investment mechanisms, including a proposed venture capital company that could be listed on the stock exchange.
According to Farid, the proposed company would encourage major financial institutions, including insurance companies, pension funds, and banks, to increase their indirect investments in startups. It would also provide more flexible exit options through capital markets.
The minister also said the Ministry of Investment and the General Authority for Investment and Free Zones are continuing to develop legislative and regulatory frameworks to better support startups. He noted that a new regulatory package, along with amendments to the executive regulations of the Companies Law, is close to completion.
These changes aim to simplify business procedures, support modern financing tools, and address challenges related to convertible notes. They are also expected to facilitate shareholder agreements and improve the regulatory flexibility needed to attract more investment.
Farid stressed that expanding exports of digital services and products is a key part of building Egyptian companies that can compete globally. He added that startups should use the local market as a launchpad for regional and international expansion.
The “Startup Egypt” platform aims to strengthen cooperation among different players in Egypt’s entrepreneurship ecosystem by creating a space for dialogue, coordination, knowledge exchange, and direct connections between entrepreneurs, investors, service providers, and supporting institutions.
The platform is expected to help accelerate startup growth, improve access to financing, and support expansion in both local and international markets.
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