Tamweely: An Egyptian Matchmaking Platform for Startups and Investors
With more than 60 percent of Egypt’s population constituting youth, the country’s economy is slowly becoming more and more startup-centric and investment-oriented. Home to countless investment opportunities, and millions of ambitious youthful dreams, Egypt currently boasts one of the fastest-growing startup ecosystems in the MENA region. To connect these startups with relevant investment opportunities, the Center for International Private Enterprise (CIPE) launched ‘Tamweely’ (My Finance) in 2017.
As an entrepreneur, you open Tamweely’s website, register by classifying your profile, sector, and size of business, and then describe your scope of work and type of business. Once registered, the entrepreneur can connect with a financial institution that may be interested in the business.
The promising Egyptian platform, which started with 100 entrepreneurs in 2017 and currently has more than 10,000 entrepreneurs, does more than just connect entrepreneurs with investors. To help business owners and prepare them for the business environment, Tamweely also offers educational resources.
Source Credit: Egyptian Streets