About InnoEgypt

InnoEgypt is EiTESAL’s arm to foster the national transformation toward innovation-based economies, fighting unemployment through sustainable knowledge and empowering young entrepreneurial start-ups.

InnoEgypt works on two interlinked tracks:

• First, empowering young entrepreneurs by incubating 40 start-ups in 5 different industries; ICT, FashionTech, FoodTech, AgriTech and Construction.
• Second, defining and empowering the supply networks and value chains to understand the market needs aims to create better potential and develop opportunities in a newly designed ecosystem.

Four entities were involved; each will focus on a specific industry, EiTESAL will incubate in ICT, Sekem and Techno-Khair will work on Foodtech AgriTech, while MFK will work on FashionTech and construction.

The total project’s fund is about 1.8 million Euros, and each start-up will get 12,500 euros over the 3 years incubation period.
“Toward Competent Innovation and Knowledge-Based Economies in Egypt via business incubation and start-ups (InnoEgypt)”

EiTESAL is a crucial partner that supports ICT start-ups in Egypt. InnoEgypt project, which is a Europe aid- funded project under the TVET II program, is based on two interlinked tracks:

• Creating local jobs via empowering young entrepreneurs and SMEs with high growth potential.
• Defining and empowering the supply networks and value chains to understand the market needs to create better potentials and provide opportunities in a newly designed ecosystem.

Three Egyptian Partners and one Italian partner are joining efforts since 2017 to serve the following industries:

• ICT
• Construction
• Agri-food
• Fashion

Project partners & Stakeholders

• Heliopolis University
• SEKEM
• Farid Khamis Foundation
• The British University
• CESGI