Egypt’s Minister of Planning and Economic Development Ahmed Rostom held the first participatory meeting to activate the country’s “Startup Charter,” bringing together representatives from 50 companies, government entities, investors, and entrepreneurs as part of efforts to strengthen Egypt’s innovation ecosystem.
The meeting was attended by Deputy Prime Minister for Economic Affairs Hussein Issa, who described entrepreneurship as a key pillar for supporting economic growth and innovation.
Issa said the government is working to create a more supportive environment for startups and innovative businesses, stressing that all ministries and relevant authorities are coordinating efforts to simplify procedures and expand investment opportunities for entrepreneurs.
The event also featured the participation of Labor Minister Hassan El-Raddad, MSMEDA CEO Bassel Rahmy, and National Investment Bank Vice Chairman Ashraf Nagm.
Rostom said the Startup Charter represents a strategic step toward unifying government efforts to improve the regulatory and financial environment for startups in line with Egypt Vision 2030.
He added that the government plans to expand financial literacy programs for entrepreneurs, facilitate access to funding, support technology-driven businesses, and improve market access for startups.
The minister also announced plans to activate the role of the Egypt Entrepreneurship and Innovation Center as a central platform for supporting innovation and job creation, alongside launching a project to document the success stories of young entrepreneurs.
The meeting included open discussion sessions where startup founders presented their projects and discussed key challenges facing the sector, while a number of companies received startup classification certificates aimed at supporting their growth and sustainability.
