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Banque Misr Launches Third Cycle of Taqaddar Startup Accelerator Program

Banque Misr has launched the third cycle of its “Taqaddar” startup accelerator program, inviting startups to apply until July 4, 2024. Selected startups will benefit from technical, investment, and marketing support services.

Building on the success of the first and second cycles, which accelerated the growth of 11 startups, the third cycle of “Taqaddar” continues Banque Misr’s commitment to supporting entrepreneurs.

The program is designed to accelerate startup growth over six months, offering a wide range of support services. These include access to a customer base of over 15 million people, connections with industry experts, and strategic partnerships across various sectors.

Additionally, all graduating companies will continue to receive ongoing support and growth opportunities.

As a major financial institution, Banque Misr will collaborate with participating startups by introducing innovative mechanisms and rapid product development methods.

Startups will benefit from financial investments and receive up to $125,000 in funding.

They will also gain technical support from Banque Misr’s diverse expertise and explore new partnership opportunities with the bank to achieve faster growth.

The launch of the third cycle of the “Taqaddar” startup accelerator program is a significant step towards making Egypt a prime destination for venture capital investments.

This collaboration with startups aims to transform the future of finance and business in Egypt, reinforcing Banque Misr’s commitment to digital transformation and local market development.

The value of the program lies in the technical, advisory, and marketing expertise that the bank will provide through its various departments and its extensive branch network across the country.

Banque Misr is dedicated to supporting activities that contribute to a better life for Egyptian citizens. The bank aims to offer advanced and accessible banking and financial services, enhancing its service excellence and maintaining long-term success.

By launching initiatives that meet customer needs, Banque Misr continues to act as a catalyst for national and strategic development, believing in sustainability and continuous improvement.

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