{"id":676821,"date":"2025-12-07T00:00:00","date_gmt":"2025-12-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/07\/govt-prepares-egp-10-bn-initiative-to-support-startups\/"},"modified":"2025-12-07T00:00:00","modified_gmt":"2025-12-07T00:00:00","slug":"govt-prepares-egp-10-bn-initiative-to-support-startups","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/07\/govt-prepares-egp-10-bn-initiative-to-support-startups\/","title":{"rendered":"Gov\u2019t prepares EGP 10 bn initiative to support startups"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>A EGP 10 bn financing initiative targeting startups? <\/strong>The Finance Ministry is currently working with the Central Bank of Egypt (CBE) and other relevant ministries to launch a first-of-its-kind EGP 10 bn financing initiative targeting startups and entrepreneurs, a government source told EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s on the table? <\/strong>The initiative aims to provide concessional funding to startups and entrepreneurs through the Micro, Small & Medium Enterprises Development Agency and the CBE, according to the source.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The initiative will also provide technical assistance and simplified procedures <\/strong>related to registration, documentation, and utilities. \u201cThis will help young people establish a large base of small projects and entrepreneurship activities on a sectoral basis, linked to the state\u2019s plans to expand strategic industries and sectors,\u201d our source added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What about the rates? <\/strong>The Finance Ministry has not yet decided on the final interest rate on loans under the initiative, but our source confirmed that the rates will be favorable to incentivize the sector. We think the interest rate could stand at around 15%, similar to that offered under the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/830b0126-a7ee-40d9-9804-75d26ff8dcb3\/gov%25e2%2580%2599t-extends%253cmark%253e-subsidized%253c%2Fmark%253e-loan-program-to-support-industry,-agriculture,-renewables\" style=\"\" rel=\"noopener\">EGP 90 bn financing initiative<\/a> targeting industrial, agricultural, and renewable energy players.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The timeline:<\/strong> The government will likely launch the initiative in the first half of 2026, according to our source.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WHILE WE\u2019RE ON THE TOPIC OF STARTUP FINANCE- <\/strong>The European Bank of Reconstruction and Development (EBRD) will extend a USD 200 mn loan to the National Bank of Egypt to on-lend to MSMEs, according to a <a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/home\/work-with-us\/projects\/psd\/56639.html#customtab-f74603c07d-item-613abb30e9-tab\" style=\"\" rel=\"noopener\">project summary<\/a> on the EBRD\u2019s website. The total amount will be disbursed as a senior unsecured loan of USD 100 mn and a later, uncommitted tranche of the same amount. The funds, which will be channeled via the state-owned bank\u2019s Al Ahly Leasing and Al Ahly Tamkeen Microfinance, will focus on women, young people, and projects outside Cairo and Alexandria.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The initiative will also provide startups with technical assistance<\/p>\n","protected":false},"author":1,"featured_media":676822,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7258],"tags":[72,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-enterpriseam","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"b6dc6974-8ef5-47c2-a400-0177ebd5365e","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/10\/983.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt prepares EGP 10 bn initiative to support startups","related_issue":[676816],"teaser":"The initiative will also provide startups with technical assistance","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.7de69d81-f998-4044-8852-69c4f7195e9a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Congratulations on another workweek done and dusted.THE BIG STORY TODAY- ?2026 set to bring good news for our startups and entrepreneurs: The Finance Ministry is currently working with the Central Bank of Egypt and other relevant ministries to launch a first-of-its-kind financing initiative worth EGP 10 bn\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1565.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547101,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/08\/hsbc-launches-loans-for-tech-entrepreneurs-looking-to-scale\/","url_meta":{"origin":676821,"position":1},"title":"HSBC launches loans for tech entrepreneurs looking to scale","author":"enterpriseam admin","date":"8 June 2022","format":false,"excerpt":"HSBC Egypt will lend EGP 1 bn to tech startups: HSBC Egypt is launching a EGP 1 bn loans program that will provide funding to tech entrepreneurs looking to scale their businesses, the bank announced in a statement (pdf) yesterday.Who is eligible? 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Sabry did not disclose when the funding was closed or who was investing. The funding will be used to finance expansion plans with the aim\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640647,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/29\/egyptian-startups-raised-usd-88-7-mn-in-the-first-half-of-2024\/","url_meta":{"origin":676821,"position":4},"title":"Egyptian startups raised USD 88.7 mn in the first half of 2024","author":"enterpriseam admin","date":"29 August 2024","format":false,"excerpt":"Local startups raised a combined USD 88.7 mn across 39 transactions during the first half of the year","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2568.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543793,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/digital-africa-will-invest-in-200-african-startups-over-the-next-three-years\/","url_meta":{"origin":676821,"position":5},"title":"Digital Africa will invest in 200 African startups over the next three years","author":"enterpriseam admin","date":"17 February 2022","format":false,"excerpt":"France-backed initiative to fund 200 African startups by 2025: French government-backed initiative Digital Africa will turn to a forprofit model to provide EUR 70 mn worth of seed and series A funding to 200 African startups by 2025, Bloomberg reports. The initiative is looking at ticket sizes of between EUR\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/676821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=676821"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/676821\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/676816"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/676822"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=676821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=676821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=676821"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=676821"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=676821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}