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Startup Egypt Platform Connects Founders With Investors & Government

AI News June 21, 2026 02:02 PM
Startup Egypt Platform Connects Founders With Investors & Government

Startup Egypt Platform Connects Founders With Investors & Government

The national platform supports plans to back 5,000 startups and create 500,000 jobs.

Entrepreneurs in Egypt have a new platform aimed at connecting startups with government agencies, investors and financing institutions, following the launch of Startup Egypt by the Ministry of Investment and Foreign Trade.

Described as the first initiative of its kind, the platform is intended to help startups access resources and scale more quickly while improving coordination between public institutions involved in the ecosystem.

Investment and Foreign Trade Minister Mohamed Farid said efforts are under way to introduce additional tools and measures to strengthen the competitiveness of startups and increase their contribution to the economy.

According to the ministry, Startup Egypt will also support policy development and work alongside the General Authority for Investment and Free Zones on legal and regulatory reforms aimed at making it easier to do business. Cooperation with the Sovereign Fund of Egypt is expected to open up new investment channels and improve access to capital for startups.

The launch builds on the Startup Charter introduced by the Ministerial Entrepreneurship Group in February. The framework aims to support 5,000 startups, facilitate their expansion into international markets and generate around 500,000 direct and indirect jobs.

The initiative comes as startup activity continues to grow. Egyptian startups secured $614 million through investment and debt financing in 2025, marking a 51% increase compared to 2024.

Broader economic targets also include raising the private sector's share of total investment to 72% by 2030, with advisory committees established to strengthen collaboration between businesses and government institutions.