Egyptian startups attracted more than $254 million in investments during the first eight months of 2025, according to Dr. Rania Al-Mashat, Egypt’s Minister of Planning and Economic Development. The period from January to August also saw a 17% year-on-year increase in the total number of deals, signaling robust investor appetite and the growing ability of local startups to reach wider markets.
Government Formalizes Support With Ministerial Group
In response to the ecosystem’s momentum, the Egyptian government has intensified its support for entrepreneurship, viewing it as a core pillar of sustainable growth. Dr. Al-Mashat highlighted the establishment of a dedicated Ministerial Group for Entrepreneurship, formed by a Prime Ministerial decree. This group brings together all relevant ministries and government bodies to collaboratively enhance the startup environment and is working directly with founders, investors, and support organizations to co-develop effective policies.
A Slate Of Over 70 Pro-Startup Policies
This collaborative approach has already yielded significant results. The ministerial group, in coordination with 19 government agencies, has formulated over 70 policies designed to boost startups. These policies focus on simplifying government procedures, supporting the international expansion of local companies, and increasing startup participation in government projects. Key initiatives in development include a unified digital platform for company registration and licensing, and a standardized definition of a “startup” to ensure government incentives are targeted effectively.
The Upcoming Startup Charter For Egypt
All of these efforts are set to be consolidated and launched under a single, comprehensive package titled the “Startup Charter for Egypt.” The charter will include a detailed guidance manual covering government services and licensing requirements across 14 high-growth sectors, outlining the necessary documents, timelines, and costs to enhance transparency for entrepreneurs. The government is also working on a unified funding initiative that aims to support over 5,000 startups and help create approximately 500,000 direct and indirect jobs.
About The Ministry of Planning and Economic Development
Egypt’s Ministry of Planning and Economic Development is responsible for setting the country’s sustainable development strategy and economic policies. It plays a key role in fostering a competitive economy, enabling the private sector, and driving structural reforms in line with Egypt’s Vision 2030.
Source: Khabry News
