T-Vencubator, a new venture capital firm and incubator based in Egypt, has launched its inaugural initiative, “Where’s the Problem?” The firm plans to invest in five local startups by 2025.
Established in 2023 by Reem Safy, T-Vencubator aims to support entrepreneurs and projects in navigating financial hurdles and accessing the expertise they need. The firm merges the roles of a venture capital fund and a business incubator, providing a combination of investment and mentorship to promote innovation and technology-focused solutions.
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,” said Safy, Founder and CEO of T-Vencubator.
The initiative tackles financial obstacles while also providing practical support and knowledge. It includes mentorship, guidance, technological resources, and human capital.
According to Hazem El-Samra, Head of Growth and Marketing at T-Vencubator, the youth of today are better prepared than any previous generation to discover the world, helped by the technology available to them. They have the capability to change Egypt’s technological environment and steer the country into a fully digital era, Hazem added.
Egypt is one of the leading countries in the Middle East for startup funding, highlighting the significance of its market and the need for local partners who can offer financial backing, mentorship, regional knowledge, technological resources, and essential human capital for innovation and success.
Egyptian startups can apply via the fund’s official website: https://www.tvencubator.com/join-us.
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