TIEC Unveils Startups Selected for Flat6Labs-Powered ‘Invest IT’ Program

TIEC Unveils Startups Selected for Flat6Labs-Powered ‘Invest IT’ Program

The Technology Innovation and Entrepreneurship Center (TIEC) of the Information Technology Industry Development Agency (ITIDA) has selected startups to join the Invest IT program, implemented in partnership with Flat6Labs. The program is designed to help Egypt-based startups at the seed or pre-Series A stages become investment-ready and successfully secure funding deals.

The selected startups are categorized into two stages. The seed stage includes The WhiteGuard, Dragify, HNDL, Turuq, Skoolix, Kennah, Atoms AI, and Photon Smart. Meanwhile, the pre-Series A stage features Valify, Mrkoon, Qubefyn, Venu, Amanleek, LyRise, and Hoopoe Digital.

As an innovative investment-readiness support program, Invest IT empowers ICT-enabled startups from various governorates by fostering a supportive ecosystem, helping startups navigate the complex landscape of investment and growth. The program is conducted in two phases: the Preparation Phase, which provides startups with training, one-on-one coaching, mentorship, and access to essential tools and resources to enhance their investment readiness; and the Investor Engagement Phase, which connects startups with potential investors, offering opportunities to secure funding.

Established in 2010, TIEC aims to foster innovation and entrepreneurship in the local market by supporting both individuals and companies in the ICT sector. The center offers programs and services to nurture startups, promote innovation, build capacity, and empower youth to develop creative ideas for a brighter future. TIEC also provides professional consultation services, networking events, and co-working spaces.
https://tinyurl.com/5553ecjm
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