Egypt’s TIEC Offers EGP 480,000 in Equity-Free Support Through StartIT Incubation

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Egypt’s Technology Innovation and Entrepreneurship Center (TIEC) is calling for applications for its StartIT Incubation Program, offering a unique and powerful support package for early-stage startups. The program provides a total of EGP 480,000 in funding and services with 0% equity, allowing founders to launch and grow their businesses without giving up ownership.

By the Numbers

  • EGP 480,000: The total value of the financial and in-kind support package per startup.
  • $10,000: The value of Amazon Web Services (AWS) credits provided.
  • 0%: The equity taken by the program.
  • August 9, 2025: The application deadline for the next cycle.

A Comprehensive Incubation Package

The StartIT program stands out due to its founder-friendly, equity-free model. Startups accepted into the year-long incubator will receive a comprehensive package of benefits, including:

  • A dedicated fund of EGP 480,000 for essential services (marketing, HR, legal, technical).
  • $10,000 in AWS credits for cloud services.
  • Tech Talent Hiring Support through partnerships with TalentsArena, Techiematter, and Sprints.
  • AI Tech Support, including consultancy and training with AI experts.
  • Access to investor networks, 24/7 office space, and local/international exhibitions.
  • Advisory & Mentoring from a network of technical and business consultants.

Who Should Apply?

The program is designed for innovative, early-stage technology startups that meet the following key criteria:

  • The project must be ICT-based or ICT-related.
  • The idea must offer an innovative solution to a real market problem.
  • The project must have a working prototype or MVP (full conceptual ideas are not considered).
  • The team must have at least one full-time co-founder dedicated to the project.
  • The startup cannot be incubated in another program simultaneously.

The Application and Selection Process

The selection process is structured in three main phases:

  1. Application: Founders must submit a detailed application and business plan.
  2. Interview: Shortlisted applicants will be invited for an interview to discuss their vision and preparedness.
  3. Pitching: Successful interviewees will pitch their startup to a final judging panel.

Key Dates and How to Apply

  • Application Deadline: The deadline to apply is August 9, 2025.
  • Interviews with Shortlisted Teams: August 21 – 26, 2025.
  • Final Pitching: September 1, 2025.
  • Announcement of Winners: September 28, 2025.
  • Incubation Begins: October 1, 2025.
  • How to Apply: Interested and eligible startups must apply through the official program page on the TIEC website.

About TIEC

The Technology Innovation and Entrepreneurship Center (TIEC) is a governmental organization in Egypt affiliated with the Information Technology Industry Development Agency (ITIDA). It is dedicated to driving innovation and supporting the national startup ecosystem.

Source: TIEC

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