Technology Innovation and Entrepreneurship Center (TIEC)
About
Through TIEC, the Egyptian government aims to drive innovation and entrepreneurship in ICT for the benefit of the national economy. The top strategic aim for TIEC is to act as a world class hub, networking innovation and entrepreneurship entities and affiliations around the globe.
As a governmental entity, TIEC will strategize, facilitate, and promote innovation, entrepreneurship, and the creation of intellectual property in ICT and its applications. Centers activities can be, but not limited to, trend creation, awareness sessions, funding and awards management lectures networking sessions.
People who have a business plan and a prototype can apply to TIEC incubation at any time during the year. Every three months, the submitted applications will be evaluated and an invitation for pitching will be sent to the preliminary accepted teams. In early January 2022, the new Start IT was launched, accepting new candidates to showcase their business plan and prototype.
The TIEC Entrepreneurship Accelerator (TEA) is a startup accelerator program that supports early-stage, growth-driven companies through education and mentorship. Startups enter accelerators for a fixed period of time. It is an idea catalyst helping entrepreneurs at the very early stages of their journey. The program ranges twice a year over 12 weeks. Workshops and mentorship sessions take place on 18 working days. The rest of the 12 weeks are gaps for the teams to implement the concepts and techniques they have learned to develop their startup.
TEA provides a set of well-formulated topics and runs in 5 locations in each round: Cairo TIEC, Smart Village, Alexandria Arab Academy for Science & Technology, Mansoura University, Assiut University and Menia University.
All in all, in April 2022, TIEC had trained 169,526 individuals, supported 7,321 entrepreneurs and 1,551 startups creating 31,086 jobs. It has + 303,000 followers on Facebook.
