{"id":612636,"date":"2023-12-26T00:00:00","date_gmt":"2023-12-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/introducing-t-vencubator-a-tech-incubator-vc-targeting-local-startups\/"},"modified":"2023-12-26T00:00:00","modified_gmt":"2023-12-26T00:00:00","slug":"introducing-t-vencubator-a-tech-incubator-vc-targeting-local-startups","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/introducing-t-vencubator-a-tech-incubator-vc-targeting-local-startups\/","title":{"rendered":"Introducing T-Vencubator: A tech incubator-VC targeting local startups"},"content":{"rendered":"

It\u2019s a VC. It\u2019s an incubator. It\u2019s a vencubator: <\/strong>T-Vencubator<\/a> \u2014 a homegrown mix that combines incubation with venture capital to invest exclusively in local tech startups \u2014 has kicked off operations, it said yesterday in a statement<\/a>(pdf)<\/a>.<\/p>\n

The plan:<\/strong> T-Vencubator wants to deploy funds in five startups next year, with plans to kick off its incubator program in July, a company representative told Enterprise. The firm will mainly target early-stage startups offering tech solutions, but Series A funding and buying stakes from existing investors are also in the cards.<\/p>\n

What they said:<\/strong>\u201cT-Vencubator will focus on promising companies that have promising ideas and use tech solutions and artificial intelligence to tackle challenges. The companies [we will invest in] and size of investments will be announced in 2024,\u201d CEO Reem Safy (LinkedIn<\/a>) said.<\/p>\n

** <\/strong>We spoke to Safy last year for our <\/strong>My Morning Routine<\/a><\/strong> column<\/strong>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

T-Vencubator is targeting five tech startups in 2024<\/p>\n","protected":false},"author":1,"featured_media":612637,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[72,95,123,11898,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-enterpriseam","tag-startup-watch","tag-startups","tag-t-vencubator","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"0e661d0d-073b-4352-bc1a-cc6a0ce56751","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1702.jpg","photo_position":"above","homepage_title":"","full_issue_title":"A new Egyptian tech incubator-VC firm launches operations","related_issue":[612626],"teaser":"T-Vencubator is targeting five tech startups in 2024","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.636b23dd-184e-4967-80e0-e4ae3d690483.mp3"},"yoast_head":"\nIntroducing T-Vencubator: A tech incubator-VC targeting local startups - 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