Entrepreneurship & Business Support
“Smell what you sell” a famous quote by the global serial entrepreneur,
Lord Alan Sugar. Lord Sugar built an empire of 1.6 billion dollars from
nothing. The quote is about understanding the Unique Selling Proposition (USP)
of your products, dumping low-profit items, considering the sparkle of
innovation, sniffing customer trends and turning marginal profits from low
budgets. To have this flavor of concepts, BES department runs many tracks to let
startups follow suit. That is all done to realize the following:
- Having Tech displayed on global screens.
- Creating high value job opportunities.
- Increasing the patent rates.
- Enticing Investors to support startups.
- Advocating new policies on innovation and
entrepreneurship in the ICT cluster.
Business Support Programs
The Entrepreneurship Accelerator
TEA is a pre-incubation programme running 3 times a year, aiming to help young
professionals and entrepreneurs to turn their ideas into strong business plans.
TEA arms candidates with skills and tools across different domains including
marketing, legalities and financials.
Startup Support Program (S2)
S2 programme is designed to capitalize on developing competencies
through highly customized trainings and consultations. Besides; supporting
startups to be perfectly displayed on the local and regional exhibitions to have
access to sources of funding, testing concepts before new audience and building
B2B connections. Example of exhibitions we always keep an eye on: GITEX Dubai
and Mobile World Congress. On top of the above, S2 is offering the Soft landing
service – done in partnerships with the European Business Network (EBN). Soft
landing is concerned with providing startups with strategies needed to move from
their comfort zone in the local markets to penetrate high-end markets in Europe.
Entrepreneurship Policy Advocacy (EPA)
Startups and SMEs play an active role in diversifying the economy streamlines.
Having landscape full of talents with enormous market of 80 million,
Multinational Companies (MNCs) found Egypt a perfect destination to penetrate
and develop their markets. Despite all of these appealing factors, the flavor of
investments turns sour as some policies might hinder the ecosystem to shine and
grow. TIEC holds hands on spotting these policies while communicating with the
ecosystem players to have their inputs in the reform process. We do gap
analysis, help in policy formulation and enable public private Dialogue.