Egypt’s Ministry of Industry has supported more than 700 startups and exhibitors over the past three years through training programs and participation in local trade fairs, according to Sherine Mohamed, director general of the ministry’s Technology Incubators Administration.
The administration is now preparing 50 entrepreneurs and startups to export to European markets, initially targeting Italy and Spain through a partnership with Creative Industries for Export. The program will focus on clothing, jewelry and leather products, with support covering product quality, design, packaging and export readiness.
The startups have participated in local exhibitions including Turathna, Diyarna, Materialia and Africa. Mohamed said these events help founders test market demand, understand customer and retailer preferences, and improve their products.
The administration also announced an initiative to increase the value of Egypt’s fig crop by linking drying-focused startups with research centers. According to the announcement, more than 70% of the crop is not currently used in industrial production. The initiative aims to develop locally produced dried figs, reduce reliance on imports and create new opportunities for entrepreneurs.
Support from the ministry’s technology centers includes market research, international pricing, business planning, technical development and export-readiness assessments. The administration also works to connect startups with distributors and importers beyond trade fairs.
Source: Twasl News
