Programme for Financing Venture Capital Funds

About

The Programme for Financing Venture Capital Funds offers Egyptian registered fund management companies the opportunity to receive up to 20% in government funding to support investments in high-growth tech startups, fostering public-private partnerships and enhancing the credibility of the venture capital ecosystem in Egypt.

Benefits

• 💰 Financial Support
• Receive up to 20% contribution from IGSF as LP investment
• 🤝 Public-Private Partnership
• Encourages collaboration between public and private sectors
• 🏛️ Government Credibility
• Enhances the government's image as a cornerstone investor in the fund ecosystem

Eligibility Criteria

• 🌍 Geographic Eligibility
• Open to venture capital fund management companies registered in Egypt
• 🏢 Legal Status
• Must be established under Egyptian law to manage VC funds
• 💼 Investment Focus
• Funds must focus on investing in high-growth tech startups in Egypt
• 💰 Minimum Fund Size
• Minimum fundraising amount must be 500 million EGP (approximately 10.5 million USD)
• 📄 Documentation Requirement
• Must submit audited financials, company materials, and detailed fund strategy documents

Participation Commitments

• 📄 Documentation Submission
• Must submit required financial and strategic documents upon application
• 💵 Fundraising Requirement
• Must achieve the minimum fundraising target of 500 million EGP

Target Region

Focused on Egypt

Target Sector

High-growth technology startups