Access to Finance - Early

If you have a business plan and a prototype and you are looking for incubation at one of TIEC's incubator centers. You can now apply to TIEC incubation at any time during the year. Every three months, the submitted applications will be evaluated and an invitation for pitching will be sent to the preliminary accepted teams. The incubation package exists of: - 60,000 EGP in Cash over three installments based on milestones achievement - Up to 120,000 EGP of in-kind services such as consultancy services, software, hardware and support in marketing. - A working space with basic furniture and Internet Access. - Basic hardware and software tools during incubation time.​​ - Access to technical, subject-matter advisory, business consulting and mentoring.​​​​​​​​​​​​​​

Service Link: https://tiec.gov.eg/English/Programs/Start-IT/Pages/default.aspx

“Breakfast with an Investor” seeks to connect incubated and graduated startups with (prospective) investors. The main aim for the investor is to know if and what team to continue talking with and invest in. For the startup, it is to build interest and conduct further meetings with investors, as well as listening to other startups at a similar stage.

Service Link: https://tiec.gov.eg/English/Programs/BreakfastInvestor/Pages/default.aspx

Separate units established inside bank branches, universities and youth centers under the auspices of the “NilePreneurs” initiative by the Central Bank of Egypt. It works under a unified brand image, internal work procedures manual, and operating system in all branches, and aims at providing Business Development Services (BDS) to enhance the working environment of SMEs and entrepreneurs, transform the youth’s innovative ideas into feasible projects, enable young people who want to start their own business to choose a project that is appropriate for their capabilities, provide financial and banking literacy, and support banks in achieving their main goals of financing entrepreneurs and MSMEs

Service Link: https://np.eg/bds-hubs/

It is a hardware pre-incubator that aims to integrate design into the development of diverse products by graduating a new generation of professional designers who can create innovative products that compete effectively in local and international markets.

Service Link: https://np.eg/incubate/hardware/creative-design/

It is a hardware incubator whose aim is to support innovative and technology-driven startups that depend on sustainable strategies

Service Link: https://np.eg/incubate/hardware/engineering/

It is a software as a service (SaaS) incubator. It allows B2B software startups in Egypt to launch products aiming to help SMEs automate their workflow. Consequently, it leads to achieving digital transformation while equipping incubated startups with gamification modules to produce engaging software with high usage and low churn rates.

Service Link: https://np.eg/incubate/software/launchsaas/

It is a technology-focused business incubator that supports Egyptian startups in building sustainable business models that operate and compete in high potential industries’ markets such as banking, retail, insurance, corporate applications, and health tech. It also helps startups with high-tech factors like machine learning, Artificial Intelligence, deep learning, blockchain, etc.

Service Link: https://np.eg/incubate/software/techspace/

The CODE2E center strives to support the industry through the design and manufacturing of dies and molds that are necessary for competitive mass production. It also aims to build the die design community’s capacity to improve industry competitiveness.

Service Link: https://i-d.tech

The program attempts to co-operate with SMEs to translate their needs into a real-world product. The Design House works to develop new products and modify existing ones through re-engineering, if needed, with the aim to achieve a successful locally manufacturable product.

Service Link: https://i-d.tech

Micro-factory supports the prototyping and manufacturing needs of startups and SMEs. It is equipped with the machines necessary for the production of the first batch of products at a proof of concept or MVP (minimum viable product) stage to test the market before investments are made.

Service Link: https://i-d.tech

The Central bank of Egypt developed the program to support the FinTech solutions throughout their various stages, from ideation to deployment in the market. The program includes solution development advisory, matchmaking with banks for deployment in the Egyptian market and regulatory guidance & navigation for licensing purposes.

Service Link: https://fintech-egypt.com/digital_Solutions_Matchmaking/

The Central Bank of Egypt believes in keeping up with rapid developments in financial technology and striving to achieve an optimal balance between ensuring financial stability and consumer protection while advancing beneficial innovation to serve the banking and financial sectors in Egypt as well. To this end, the Regulatory Sandbox offers a live testing environment for FinTech innovators who are developing new business models that are currently hindered by stringent authorization requirements and regulatory uncertainty. The purpose of the Regulatory Sandbox is to pave the way for faster and easier access to new financial solutions and embed compliance within the FinTech ecosystem at an early stage. This will not only allow FinTech innovators to focus on their core offering but also ensure that consumers and other players in the market are not adversely affected by the regulatory uncertainty of the disruptive FinTech activities. FinTech startups and financial institutions can apply to test their innovative applications in a live environment under the guidance and supervision of the sandbox team in the Central Bank of Egypt.

Service Link: https://fintech-egypt.com/sandbox/

“Business Accelerator 101” – its slogan “Grow or End” – to make a rapid shift in the performance of companies that have been incubated and graduated to the labor market, which can lead to rapid economic return on Egyptian society and create new jobs. While incubators are essentially non-profit and their funding is provided as non-refundable grants, accelerators are investment where funding aims to develop the capital provided to startups, and therefore the companies involved in the accelerators are attractive to capital and investors.

Service Link: NA