startups
The startups in Egypt is developing its performance and is aiming to increase it from the current size.
Talat's remarks were made at a meeting of the Lebanese-Egyptian Business Association (LEBA).
The program is aimed at providing financial support and consulting services for young entrepreneurs and innovators, as well as start-ups that have initial business models, according to a statement released by ITIDA on Sunday.
The minister said her ministry's portfolio includes 36 projects in the field of digitalization and entrepreneurship, with a development funding of $1 billion.
The first article of the decision, which was published in the Egyptian Gazette in its issue No. 81 of 2022, on Wednesday, stipulates that a new article No. 9 shall be added to the rules and procedures for dealing on securities not listed in the Egyptian Stock Exchange.
Egypt ranked first by the number of deals in Africa during 2021 and came in 3rd place in total funding where the local startups gripped 18% of total capital deployed across the whole continent.
The World Youth Forum 2022 has released the platforms it will organize in its fourth edition in January, where young people from various cultures are expected to share ideas.
The startups were selected based on criteria like the problem they are trying to solve and how it creates value for users, in addition to their willingness to use Machine Learning technology to solve business challenges and successfully scale in the long run.
The first cohort included ten tech startups that have successfully graduated from the program.
Huawei’s Eco-development department has launched the first edition of its program to support Startups in the Middle East and Africa region.
Algebra Ventures will aim to complete the first closure in the third quarter of 2021.
It clarified in a press release that this step aims to identify brilliant founders with brilliant ideas to expand and scale them locally, regionally and globally through their local accelerator.
This year, Akeyewaleis is preparing to participate in the third edition of the forum set to kick off on Dec.14 in Sharm el-Sheikh.
The Egyptian Startup Nawah Scientific won second place, rewarding $150,000 cash prize. Omar Sakr, founder and CEO of Nawah-Scientific pocketed the cash reward.
Hosting three main tracks, Tech to Scale, Female Leadership, and Creative Economies, the summit will bring international actors in the startup scene to the heart of Cairo.
Egypt’s flourishing entrepreneurship scene has been receiving support from governmental entities and private institutions which aid entrepreneurs to reach their maximum potential by offering fund opportunities and mentorship.
A total of seven Egyptian startups have been selected to represent the country in the 2019 Global Entrepreneurship Summit (GES) in The Hague, Netherlands, June 3-5.
In a trend this year, corporations have announced several investment funds and programs for entrepreneurs.
The gathering focuses on trending tech hub practices, local innovators and innovative solutions to relevant African issues.
The initiative was launched in 2014 in cooperation with the International Labor Organization to train and mentor entrepreneurs.
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