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T-Vencubator launches in Egypt to invest in local startups

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T-Vencubator launches in Egypt to invest in local startups
  • T-Vencubator, a VC-incubator fund, has launched in Egypt to invest in and support the growth of local startups.
  • The fund’s first incubator programme is scheduled to open mid-next year. 
  • Reem Safy, T-Vencubator's CEO, said: “We believe that technology will solve a lot of Egypt’s problems. We're not just putting money into startups; we're investing in exceptional talents that are shaping the future of Egypt."

Press release

In the heart of Egypt's innovation hub, T-Vencubator introduces 'Vencubation'—a unique blend of Venture Capital and Incubation, committed to solving everyday challenges through tech-driven solutions. As the first Egyptian Tech Venture Capital and Incubator, T-Vencubator exclusively invests in Egyptian startups with a vision to digitize the nation and address the daily hurdles faced by its citizens.

Reem Safy, T-Vencubator's CEO, expressed, “We believe that technology will solve a lot of Egypt’s problems. We're not just putting money into startups; we're investing in exceptional talents that are shaping the future of Egypt."

T-Vencubator is dedicated to reshaping Egypt's future by fostering local innovation and providing a platform for startups to thrive. The company's mission is anchored in solving everyday problems through technology, leveraging its unique position as the first Egyptian Tech Vencubator while doing that in a unique style rooted in Egyptian culture.

“The 'T' in T-Vencubator signifies our core values: Tomorrow, Togetherness, Technology, Transformation, and Talents, We're paving the way for a brighter and more progressive Egypt," adds Hazem El Samra, Head of Growth and Marketing in T-Vencubator.

Digitizing Egypt is a step to a better Egypt, and in a rapidly evolving tech startup scene, we recognize that local insight, guidance, and financial support are indispensable for fostering innovation. T-Vencubator stands as a homegrown solution, filling the void in the Egyptian ecosystem by providing startups with the critical elements they need for success. Our involvement goes beyond financial investment; it is a partnership that combines expertise, mentorship, and resources.

 

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