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Minister of Planning, Economic Development and International Co-operation, Rania al-Mashat, on Wednesday chaired a meeting of the Ministerial Group for Entrepreneurship to review government policies and initiatives set for launch to support startups and promote investment and innovation, the ministry said.

The meeting also discussed a proposal to establish an institutional body to support the growth of Egypt’s entrepreneurship ecosystem, in line with directives from Prime Minister Moustafa Madbouli.

The session brought together ministers and senior officials from across government, including the ministers of youth and sports, higher education, supply and internal trade, labour, and investment and foreign trade, as well as representatives from the central bank, financial regulator, intellectual property authority, MSME development agency, and other state bodies.

Minister Mashat said the ministerial group is working under a clear vision to improve the business environment for entrepreneurs, support sustainable and faster economic growth, create jobs, and strengthen a knowledge-based economy. She added that the government is adopting a participatory approach to policymaking, involving stakeholders from across the startup community.

The meeting also discussed the Egypt Startup Charter, an executive roadmap comprising more than 80 government measures aimed at improving coordination, building trust with startups and providing policy clarity for investors.

Other initiatives include a unified government guide for services and licenses, designed to help startups access more than 170 services from 35 government entities, and the launch of a dedicated ministerial group website as a single platform for engagement with entrepreneurs.

Discussions extended to measures supporting companies from ideation to maturity, strengthening links between startups, industry and scientific research, expanding incubators and accelerators, streamlining tax, insurance and labour procedures, increasing startup participation in government projects, protecting intellectual property and supporting international expansion.

Egypt’s startup sector recorded strong performance in 2025. Egyptian companies raised about $614 million during the year through a range of financing instruments. Startups attracted around $304 million across 69 venture capital deals, alongside 12 mergers and acquisitions, the highest number of exits in Africa, according to Magnitt data.

Officials said the figures underscore growing investor interest in Egypt and reinforce its position as a leading regional market for entrepreneurship and innovation.

Source: The Egyptian Gazette