{"id":620279,"date":"2024-05-19T00:00:00","date_gmt":"2024-05-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/19\/govt-extends-a-helping-hand-to-local-startups\/"},"modified":"2024-05-19T00:00:00","modified_gmt":"2024-05-19T00:00:00","slug":"govt-extends-a-helping-hand-to-local-startups","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/19\/govt-extends-a-helping-hand-to-local-startups\/","title":{"rendered":"Gov\u2019t extends a helping hand to local startups"},"content":{"rendered":"<p class=\"tag-border-left\">STARTUPS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tech startups are on the government\u2019s whitelist:<\/strong> The CIT Ministry has launched a whitelist system for tech startups and emerging tech firms to help facilitate the process of importing essential production components and inputs, according to a ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02AzcFyS84VRfu6JWyZU3kD3EqSR475yFjfzeKcKv2bT29fvS3CJwheYKfjKKvvKsTl\" style=\"\" rel=\"noopener\">statement<\/a>. The whitelist comes as part of the ministry\u2019s efforts to help facilitate the process of launching startups, CIT Minister Amr Talaat said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gov\u2019t to launch platform for startups within days:<\/strong> The government is set to roll out a unified platform for startups within days, Prime Minister Moustafa Madbouly told entrepreneurs and investors at the RiseUp Summit, according to a cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/937011041802650?ref=embed_post\" style=\"\" rel=\"noopener\">statement<\/a>. The platform could be managed by the private sector. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ears to the ground:<\/strong> Madbouly called on startups to come up with a clear proposal for the incentives, procedures, and government action that would help turbocharge the sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Information Technology Industry Development Agency (ITIDA) Vice President Hossam Osman had told the <a target=\"_blank\" href=\"http:\/\/tinyurl.com\/ya56n92m\" style=\"\" rel=\"noopener\">local press<\/a> back in February that the CIT Ministry would soon roll out a digital platform to serve startups. The platform will offer the full range of government services extended to startups, spanning establishment to marketing, according to Osman.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Madbouly called on startups to come up with a clear proposal for the incentives they want to see<\/p>\n","protected":false},"author":1,"featured_media":620280,"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":[7209],"tags":[111,893,72,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-620279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-cit-ministry","tag-enterpriseam","tag-startups","wpautop","entry"],"acf":{"mongo_id":"e1f53a4c-4a91-495e-b073-43d933925f95","order":"15","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/1413.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s government extends a helping hand to local startups","related_issue":[620253],"teaser":"Madbouly called on startups to come up with a clear proposal for the incentives they want to see","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.dea29192-e51d-4551-95b1-fda52603219a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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