In a move set to enhance the Egyptian startup landscape, Exits MENA, an investment bank for startups and SMEs, has announced the signing of a Memorandum of Understanding (MoU) with Falak Startups, one of the country’s leading accelerators. The partnership signifies a powerful collaboration between two key ecosystem enablers.
A Collaboration for Founder Success
The newly formed alliance is designed to strengthen the startup ecosystem by combining the strengths of both organizations. The partnership will focus on launching joint initiatives, facilitating knowledge sharing between their networks, and providing comprehensive support to founders. The ultimate goal of the collaboration is to create a more integrated support system that enables entrepreneurs to effectively scale their businesses, connect with strategic partners, and achieve success.
Falak to Bolster Elevatelab Initiative
As a key component of the partnership, Falak Startups will take an active role in Elevatelab, an initiative by Exits MENA. This involvement is expected to significantly expand the value delivered to participating startups by integrating Falak’s acceleration expertise and resources. This direct collaboration on an existing program demonstrates a practical approach to leveraging their combined capabilities for the benefit of the ecosystem.
About Exits MENA
Exits MENA is the premier investment bank for startups and small and medium-sized enterprises (SMEs) in the MENA region. Specializing in deal-making and investment readiness, the firm provides a robust suite of services tailored to prepare businesses for growth opportunities and successful acquisitions, aiming to ease the deal-making cycle through tech automation.
About Falak Startups
Falak Startups’ mission is to find and empower talented and ambitious seed-stage tech startup founders and help them thrive in the region’s rapidly changing entrepreneurship landscape. The sector-agnostic accelerator provides equity investment, mentorship, training, and a vast network to help startups improve their product-market fit, scale their operations, and raise follow-on investments.
Source: Exits MENA on LinkedIn
