ITIDA launches “Invest-IT” to accelerate startup investment readiness across Egypt
Cairo: Fifteen promising Egyptian tech startups unveiled their breakthrough innovations during the launch of the first edition of Invest-IT, a nationwide program led by the Technology Innovation and Entrepreneurship Center (TIEC)—an affiliate of the Information Technology Industry Development Agency (ITIDA)—in collaboration with Flat6Labs, the MENA region’s leading seed and early-stage venture capital firm.
Designed to enhance investment readiness for tech startups in the Seed and Pre-Series A stages, Invest-IT targets emerging entrepreneurs across various Egyptian governorates, aiming to help them secure funding, expand operations, and drive sustainable economic growth through innovation.
The launch event brought together key stakeholders in Egypt’s tech ecosystem, including Eng. Ahmed El-Zaher, CEO of ITIDA; Hany Al-Sonbaty, Founder and Chairman of Flat6Labs; Dina El-Shenoufy, Chief Investment Officer at Flat6Labs; Lamiaa El Rashidy, Incubation Manager at TIEC; along with the founders of the participating startups.