Egypt’s T-Vencubator, a leading venture capital firm and incubator, has launched its inaugural investment programme, and aims to invest in five startups by the end of the year.
T-Vencubator combines the benefits of venture capital and incubation to help bridge the gap between Egypt’s entrepreneurial potential and its technological capabilities, empowering startups to solve societal problems and shape Egypt’s future.
The programme seeks to assist entrepreneurs and projects in overcoming both financial and expertise-related hurdles, and wants to invest in five ventures by 2025. It provides funding as well as practical and knowledge-based support, which encompasses mentorship, guidance, technological infrastructure, and human resources.
“T-Vencubator aims to bridge the gap between ideas and reality. We believe that technology is the solution to many of the challenges facing Egyptian society, and we also believe that Egyptian minds possess innovative ideas capable of addressing these challenges. We are not merely investing in companies; we are investing in exceptional talents who will shape Egypt’s future,” said Reem Safy, founder and CEO of T-Vencubator.
Applications are open here, and will be evaluated based on key criteria that focus on innovation and the ability of the proposed solutions to address real societal challenges.
