EU-funded programme gathers Innovators and Partners in Cairo for a great round of events
July 2, 2019
On June 19 to 20, 2019, Cairo hosted two major events initiated by ANIMA Investment Network in the framework of THE NEXT SOCIETY to support and spread the culture of innovation and entrepreneurship in Egypt and in the Euro-Mediterranean region.
Organised by EU-funded ANIMA, the Technology Innovation and Entrepreneurship Center (TIEC) and Egypt’s Information Technology Industry Development Agency (ITIDA) on 19 June 2019, the Matchmaking Forum for Investment and Innovation promoted Egyptian stakeholders of the innovation ecosystem to an international delegation of business and innovation support organisations, thus strengthening the Euro-Mediterranean community with creative and inspiring exchanges.
200 participants representing startups accelerators, business federations, investors and public agencies from Europe and the MENA region gathered in Cairo, Egypt, to take part in THE NEXT SOCIETY Matchmaking Forum for Investment and Innovation.
As explained by Rasha Tantawi, Head of Business and Entrepreneurship at TIEC, the value of investments received in the top 5 MENA countries (United Arab Emirates, Egypt, Saudi Arabia, Jordan, Lebanon) increased by 1% in 2018, reaching a total amount of USD 673,519,071 which represents 255 investment deals, 16% less than the number of deals achieved in 2017.