Egypt steps up support for entrepreneurship and startups, especially with the government opening up more financing options to enhance their role in the economy.
In recent years, the authorities focused more on entrepreneurship to drive economic growth, create jobs, and spark innovation, with a view to increasing private-sector involvement and diversifying the economy.
Last week, the Ministry of Investment and Foreign Trade launched the “Startup Egypt” platform.
This new initiative is designed to strengthen Egypt’s entrepreneurship ecosystem and help startups grow faster.
Investment and Foreign Trade Minister Mohamed Farid said the government wants to create more supportive tools and measures to make startups more competitive and increase their contribution to the local economy.
The platform is the first of its kind in Egypt, directly connecting entrepreneurs and startups with government agencies, investors, and financing institutions.
It will help with policy development, improve coordination between institutions, and give startups better access to the resources they need to grow.
Minister Farid noted that his ministry, working with the General Authority for Investment and Free Zones (GAFI), pushes ahead with legal and regulatory reforms to support startups and make it easier to do business.
The government also partners with the Sovereign Fund of Egypt to create new ways to invest in startups and improve access to capital.
Last February, the Ministerial Entrepreneurship Group launched the Startup Charter to serve as a guide for legal and regulatory support for the sector, with goals to back 5,000 startups, help them reach international markets, and generate around 500,000 direct and indirect jobs.
The charter aims to help startups overcome daily challenges, grow their presence in the economy, and provide a clear policy and legal framework for these businesses.
Egyptian startups raised $614 million in funding in 2025, through investments and debt financing, a 51% increase from 2024.
Egypt wants to raise the private sector’s share of total investment to 72% by 2030 and has set up advisory committees to improve cooperation between the government and businesses.
