EiTESAL saw entrepreneurship's significance in promoting the ICT industry as a key player in the ecosystem. Accordingly, EiTESAL initiated the "EiTESAL Business Nurturing Initiative" (EBNI,) an incubation program boosting startups in the field of ICT. The program provides startups with support and access to global markets to help them expand their footprint, and it allows startups to develop their ventures from scratch to the scale-up stage.
EBNI is the first hardware incubator based on IoT (Internet of Things) solutions. It started with the vision to become a regional and IoT business incubator.
EBNI supports incubated startups and entrepreneurs in different financial, technical, and managerial aspects through different ways:
EiTESAL didn’t stop there, we have extended our services to ensure the best support reaches most entrepreneurs in the field through our new EBNI Community platform with affordable subscription fees. Along with organizing different events and training to promote the concept of IoT and how it can fulfil the markets’ needs.
We have extended our footprint in Borg Al-Arab Cluster to cover the north coast and some of the Delta governates to ensure wider reach and support to rural areas in Egypt, with plans for more extensions and presence to cover all Egyptian regions.
EBNI has been supporting 36 startups till now and planning to incubate 20 new startups working in IoT field and 10 startups in Fintech. EiTESAL is planning to launch incubation programs funded by different institutions, i.e. Academy of scientific research and technology, the European Union and other gulf supporting organizations.
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