Launch of the 5th Cohort of ”Creativa Incubation Program” with 10.8 Million EGP Funding to Support Startups
Details of the Creativa Incubation Program & Entrepreneurship Support
Creativa Innovation Hubs announced the launch of the 5th cohort of the Creativa Incubation Program, implemented by the Technology Innovation and Entrepreneurship Center (TIEC) affiliated with the Information Technology Industry Development Agency (ITIDA), with a total funding of 10.8 million EGP. The program aims to support entrepreneurs and early-stage startups in accelerating their project growth.
Funding Packages & Support Provided to Startups
The program runs for a full year and offers an integrated support package of up to 360,000 EGP per startup, divided into:
180,000 EGP as direct financial support for project development.
180,000 EGP as in-kind support, including training, mentorship, and technical consultancy.
Additionally, the program provides extensive networking opportunities with investors, specialized workshops, and strategic partnership building.
Target Sectors & Eligibility Criteria
The program covers several vital sectors, including EdTech, Renewable Energy, AgriTech, HealthTech, and Smart Cities. Eligibility requires the startup to be tech-enabled, less than 3 years old, with a clear business model and a Minimum Viable Product (MVP).
