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In 2020, Egypt ranked second within the Middle East and Africa for its number of startup investment deals. It also ranked second in the Middle East for the total amount of startup investments and in the top 10 for its overall financing climate. Globally, the capital of Cairo is among the top 10 startup ecosystems with its abundance of skills at competitive wages. 

 

MIT REAP Team Egypt is focused on establishing and operating a network of community innovation hubs (CIHs) on the campuses of nine universities as a platform to stimulate innovation-driven entrepreneurship in information and communication technology among the hubs’ communities, particularly among university staff and students. The team has representation from the IT Industry Development Agency (ITIDA), Si-Ware Systems, Egypt University of Informatics-Ministry of Communications and Information Technology, AUC School of Business, BasharSoft / WUZZUF, and Microsoft Egypt. 

Team Members

University
Government
Corporate
Risk Capital
Entrepreneur

Innovation Ecosystem Stakeholder Model

Hossam Osman
Champion
ITIDA VP & TIEC Manager, ITIDA-TIEC
Eslam Darwish
Champion
Founding General Partner @ Nclude Fintech Fund
Hisham Haddara
Chairman, Si-Ware Systems
Hoda Baraka
Professor Of Computer Engineering at Cairo University
Amir Mohamed Sherif Hamdy
CEO and Co-founder, BasharSoft / WUZZUF
Hanan Abdelmagid
CEO, Kamelizer
Tarek AbdElkhalek
Managing Partner, Endure Capital
Heba Ali
Investor, Development Economist, and Operator

Core Regional Metrics

INNOVATION CAPACITY

Ability to develop new to the world innovations from inception through to the market.

EXPAND ALL

People

Coming soon!

Demand

Coming soon!

Performance

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!

ENTREPRENEURIAL CAPACITY

Ability to start and build new to the world businesses from inception to maturity.

EXPAND ALL

People

Coming soon!

Demand

Coming soon!

Performance

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!