ITIDA CEO highlights authority’s support for entrepreneurship, startups in Egypt

ITIDA CEO highlights authority’s support for entrepreneurship, startups in Egypt

Egypt - Ahmed Al-Zaher, CEO of the Information Technology Industry Development Authority (ITIDA), discussed the leading and distinguished role that the authority plays in supporting entrepreneurship and creating a conducive environment for startups in Egypt, in line with the strategy of the Ministry of Communications and Information Technology that aims to empower entrepreneurs and foster the growth of the emerging technology companies sector in Egypt.

Al-Zaher said that the authority’s services and programs cover all stages of the entrepreneurship ecosystem, starting from raising awareness and spreading the culture of entrepreneurship, especially among students, through incubation and acceleration services for technology companies, to market penetration and networking entrepreneurs with investors.

Al-Zaher pointed out that the authority trained 11,000 entrepreneurs in 2023 alone, at the Egypt Digital Depository Centers (Creativa), which are located across the country, and which currently provide a range of services and programs for about 400 emerging technology companies.

He added that the authority sponsors various initiatives that aim primarily at stimulating and enhancing the entrepreneurship environment based on innovation and technological creativity, as the authority provides programs tailored for specific groups, such as programs targeting female entrepreneurs, such as the “She is a Pioneer” program, as well as programs for incubating