ITIDA is organizing the first conference to connect tech startups with venture capital funds

The Information Technology Industry Development Agency (ITIDA) is organizing the first conference for networking emerging technology companies in Egypt with a group of investors and venture capital funds, in cooperation with the international company "The Next Web", which is one of the companies of the British "Financial Times" newspaper and has a huge network of investors and funds. Venture Capital, online on April 8th.

 

The conference, called “Hangout with VCs”, is being held for the first time in the Middle East and Africa. And international institutions specialized in financing emerging projects.

 

The event brings together a number of experts and investors from different countries of the world in this field, and in the presence of a number of promising emerging technology companies that have been carefully selected by the authority, as the event will provide distinguished content in this field, in addition to holding a number of intensive networking meetings between investors and pioneers. Business and owners of innovative ideas.

 

The authority places the axis of entrepreneurship and emerging companies in the field of information and communication technology among its strategic priorities and business agenda, as it works to develop an integrated strategy with a global expertise house to strengthen the sector on the global map and attract more investments, and to establish more local, regional and international partnerships, and to create an environment that encourages creativity In the field of emerging technologies to face global and regional competition.

 

Egypt is witnessing rapid and remarkable growth in the field of digital innovation and entrepreneurship in the fields of information and communication technology. International indicators and reports highlighted the recent excellence and prosperity of the entrepreneurship system in Egypt in light of the great successes it has achieved at the regional and international levels. Among the most prominent of these was the acquisition of the largest number of investment deals in Africa by emerging Egyptian technology companies during the year 2020, about 24% of the total number of deals on the continent in 2020.