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ITIDA Partners with ‘ The Next Web ’ to Host ‘ Hangout with VCs ’ Matchmaking Event with Egyptian Tech Startups

ITIDA Partners with ‘ The Next Web ’ to Host ‘ Hangout with VCs ’ Matchmaking Event with Egyptian Tech Startups

ITIDA Partners with ‘ The Next Web ’ to Host ‘Hangout with VCs’ Matchmaking Event with Egyptian Tech Startups  The Information Technology Industry Development Agency (ITIDA) hosts the ‘Hangout with VCs’

event, on the 8th of April, 2021, to match ready-to-fund Egyptian startups with investors an

venture capital funds (VCs)

The remarkable event is brought by ‘The Next Web’; a Financial Times company, focused on new

technology and startups, with its well-established global network of investors and V

Featuring a line-up of speakers and global investors and pre-selected ready-to-fund startups, the event

offers the participants the highest possibility of success through its unique and compelling format

combining content, competition elements, pitches, and follow-up meetings between investors and

startups, all facilitated virtually

The virtual event is the first of its kind in MEA region for TNW, and comes in collaboration with ITIDA

and TIEC to unlock the Egyptian startups ecosystem potentials and highlight the boom it’s witnessing, in

addition to avail a unique opportunity for Egyptian innovative startups in the ICT sector to Interact with

and pitch their ideas to VCs

Having recently ranked high in reports from Gartner, Startup Genome and Deloitte, Egypt’s startup

ecosystem is thriving like never and embracing a new generation of entrepreneurs with globally

competitive technological solutions. The country has recorded the largest number of investment deals in

technology startups amounting to 24% of the total number of transactions in Africa in 2020

Capitalizing on this momentum, ITIDA Partners with ‘ The Next Web ’ is working with a global

consultancy firm to articulate a comprehensive strategy to leverage the startup sector in Egypt, and to

establish an integrated system for tech innovation, with the aim of cultivating the entrepreneurial

ecosystem and helping attract more venture capital funds

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