Cairo - Sharikat Mubasher: T-Vencubator, a leading venture capital firm in Egypt, launched a new initiative to provide essential expertise to entrepreneurs, foster startups seeking investment, and support them to grow their businesses.

With the slogan “Where's the Problem?”, the initiative targets investing in five Egyptian startups by 2025, offering various benefits of venture capital and incubators to ensure their growth and success, according to the company’s press release.

This initiative aims to empower Egyptian startups with innovative tech solutions to address societal challenges.

T-Vencubator launched the program to back startups by providing necessary mentorship, guidance, technological infrastructure, and human resources to develop innovative ideas.

Reem Safy, Founder and CEO of T-Vencubator, stated that the investment fund will play a pivotal role in bridging the gap between ideas and reality.

“We believe that technology is the solution to many of the challenges facing Egyptian society, and we also believe that Egyptian minds possess innovative ideas capable of addressing these challenges,” Safy added.

For his part, Hazem El-Samra, Head of Growth and Marketing at T-Vencubator, commented: "I believe that this generation's youth has a greater ability to explore the world and possesses the technology to facilitate this exploration. They are capable of transforming Egypt's technological landscape, and bring it closer to a fully digitized era."

T-Vencubator focuses on filling the gap between Egypt’s entrepreneurial potential and its technological capabilities, and empowering startups to societal problems.