About Us

Falak is a start-up accelerator designed to support and empower the next generation of Egyptian entrepreneurs and contribute to the development of the start-up ecosystem in Egypt. Our program offers funding, mentorship, training, and a wide variety of perks and benefits, with the aim of arming entrepreneurs with the necessary tools, resources, and contacts to develop their strategies and expand their businesses so that they may thrive in today’s competitive economy.

Falak offers two 4-month acceleration cycles annually. During each cycle, we work extensively with each team to help them develop their businesses while improving their knowledge and skills in entrepreneurship; all in preparation for respective business pitches to investors. Each cycle culminates in a Demo Day, where founders present to a large audience of potential investors. Our support does not end on Demo Day, though, as we continue to support our entrepreneurs throughout their journey

Falak implements a new model of startup funding. Our program offers funding from EGP 100,000-500,000 for teams to turn their business ideas into a reality with 4-8% equity stake in return. We support up to 30 companies per cycle in our accelerator program, as we offer a wide range of business, legal, technical and entrepreneurial support.

Our Team

Management

Board

Farah Ehsan

Head of Programs & Marketing

"Prior to joining Falak, Farah was Project Manager at CBA Paris, where she consulted brands like Nestle, LVMH and Al Fakher on retail strategy and innovation. She then joined JWT, where she lead the launch of the 1st annual film festival in Gouna. Farah is also the co-founder of French Silicon Academy, an education startup based in London. She was responsible for building and marketing and brand strategy, press communication and partnerships which lead to a successful acquisition. Farah holds a BSc. In Architecture with Honors from the University of Bath and an MSc in Innovation, Entrepreneurship & Management with Merits from Imperial College of London."

Farah Zaki

​Head of Venture Growth

"Prior to joining Falak, Farah was a consulting analyst in the Government Advisory team in NI Capital. During her tenure, she worked closely with senior government officials to address systemic challenges across a myriad of sectors spanning across education, housing, tourism and cultural heritage. Some of her projects includes participating in creating the fund strategy of Egypt Ventures. She started her career with Endeavor Egypt, where she was responsible for companies including Ismailia Company and Nola Cupcake , both of which successfully passed the Endeavor Local Selection Panel. She has also experience in both venture capital and entrepreneurship having previously founded an Edutainment start-up of her own. Farah graduated from King’s College London with a BA in Development Geography and a specialization in Urban Policy."

Nayera El Sammaa

Head of Investment

"Prior to joining Falak, Nayera was the CFO of KarmSolar, a startup company in the solar energy sector in Egypt. During her tenor, she was responsible for establishing the Company’s corporate finance department. She also executed 5 rounds of capital increase, amounting to EGP 49MM and executed and closed EGP 33MM of debt financing. Prior to KarmSolar, she was working for a Private Equity fund in Real Estate and Infrastructure in their offices in Dubai, Bahrain and London. During her tenor, she executed and closed deals of a total value of EUR 1.4Bn. Nayera holds a MSc in International Economics from Paris I Pantheon- Sorbonne and an MBA from École Nationale des Ponts et Chaussées in Paris."

Mahmoud Zohairy

​CEO of EFG-EV Fintech

"Prior to joining EFG-EV Fintech, Mahmoud worked as a Senior Economist at the Minister of Investment and International Cooperation’s office, before that he was Project Officer at Finbi, a finance and banking consulting firm. He was responsible for analyzing financial performance of MFIs, providing technical assistance to the Credit Guarantee Company (CGC), formulating strategies for change management. Mahmoud has more than 7 years of work experience in Strategic Planning and Implementation, Finance, Economics and International Development. Mahmoud holds an MBA from Herriot Watt University, passed his CFA level I examination and graduated the Oxford University Fintech Program. "

Yousef El Samaa

​CEO of Falak Startups

"Yousef is the former co-founder and CEO of Taqalid INC (ElWafeyat.com & Inmemoryof.com), a company that has been through Flat6labs in Cairo and 500 Startups in Silicon Valley. 
Under Yousef’s leadership, El Wafeyat has grown to become the first and largest online obituary portal in the Middle East. The Company managed to raise EGP 1.6MM at a valuation of EGP 16.8MM. 
He is also one of the founding team of Venture Lab Accelerator at the AUC & “The Hit” online show, in partnership with SOUQ & AUC."

Hany El Kaffas

Cheif Accountant


Miral Elessawy

Marketing Coordinator

Miral joined Falak after receiving a Bachelors in Marketing from Arab Academy for Science & Technology. She has experience in Digital Marketing and Entrepreneurial Marketing, after interning at Alamia Group's Marketing Department. Miral is passionate about using her skills and experience to help Falak become a global brand.

Saif El Bendari

Head of Business Development

"Saif has more than 6 years of experience working in business development, project management and partnerships with some well known international and local entities supporting entrepreneurship. Prior to joining Falak, Saif was the Startup Relations Manager at Riseup, where he was responsible of engaging new startups in the Egyptian entrepreneurship eco-system. He worked closely with Egyptian startups to assist them with RiseUp strong networks and resources. He also lead the special events team managing 20+ events during the 3 days RiseUp Summit. Saif started his career with Mercy Corps as a Agriculture Program Officer where he mentored and provided technical assistance to young entrepreneurs across Cairo,Alexandria, Giza, Luxor & Aswan. Saif was also the CEO and co-founder of Barsima, a startup investing in agriculture in Egypt. Saif holds a BA in Political Science from Cairo University. "

Youssef Abdel Aal

​Venture Growth Manager

"Prior to joining Falak, Youssef was a management consultant with Logic Management Consulting. During his time in Logic, he participated in several assignments including but not limited to: The full 5 years strategy of B-Tech, The roll-out of a new school diploma developed by the Egyptian Education Development Fund & supported by NI Capital, The design and implementation of a performance management system for more than 2,000 medical professional for the 57357 Hospital in Egypt. He also worked in partnership with ITDA to support a number of startups with their marketing and finance strategy. Youssef holds a Bachelor of Business Administration from the American University of Cairo."

Ibrahim Karam

Managing Director & CEO of Tahya Misr Holding for Investment and Development

"Mr. Karam brings wide experience in the field of Telecom combined with rich digital knowledge, investment banking, finance and management skills. Prior to joining Tahya Misr, Mr. Karam served as the Regional Chief Financial Officer for Emerging Markets at Vimpelcom HQ and was previously appointed as their CFO in Ukraine and Business Control M&A Director in The Netherlands. Mr. Karam has also held the title of CFO for Orascom Telecom Iraq, Lebanon and Algeria. Mr. Karam holds an MBA in Finance from the University of Maastricht. "

Mohamed Fahmy

Founder, Chairman & CEO of Tatweer International

As the Founder and CEO of Tatweer, Dr. Fahmy sought to build a firm on the belief that cultivating a new generation of young professionals through the establishment of Tatweer International.- Learning technology and its innovative e-learning solutions. Dr. Fahmy is also the current VP of Corporate Strategy at Logic Consulting Group and has over 25 years of experience in the field of management, strategy formulation, strategic planning and business development.

Yousef El Sammaa

​CEO of Falak Startups

"Yousef is the former co-founder and CEO of Taqalid INC (ElWafeyat.com & Inmemoryof.com), a company that has been through Flat6labs in Cairo and 500 Startups in Silicon Valley. Under Yousef’s leadership, El Wafeyat has grown to become the first and largest online obituary portal in the Middle East. The Company managed to raise EGP 1.6MM at a valuation of EGP 16.8MM. He is also one of the founding team of Venture Lab Accelerator at the AUC & “The Hit” online show, in partnership with SOUQ & AUC."

Heba Ali

​Vice-Chair of Falak Startups & Managing Director of Egypt Ventures

Heba Ali is Managing Director of Egypt Ventures and Vice-Chair of Falak Startups. She has over a decade of experience leading innovative organizations that develop and foster startups and ecosystems across multiple sectors, as well as extensive expertise in strengthening the role of entrepreneurship as a socio-economic development catalyst. Ms. Ali particularly focuses on high-impact entrepreneurship, venture capital, business model and institutional innovation, and ecosystem development. Ms. Ali previously served as Partner at Endure Capital, and Senior Entrepreneurship Advisor at Mercy Corps. Ms. Ali was also consultant at IBM and GIZ, and was part of the founding team of Endeavor Egypt. She is Co-Founder of T20 Association, serves on the board of AYB for Sustainable Development, and is an active member of the AmCham’s Entrepreneurship and Innovation Committee. Ms. Ali has an MSc from the LSE and a BSc from the GUC.

Amr El Abd

​Chairman of Falak Startups & CEO of Egypt Ventures

Amr El Abd is CEO of Egypt Ventures and Chairman of Falak Startups. He has more than 17 years of experience as an entrepreneur and director of fast growth companies. His fields of experience span new venture creation, business development, investment, training and consultancy, and startup acceleration. Mr. El Abd has co-founded and held senior managerial positions with several ventures ranging from technology, logistics, training and consultancy, to venture capital investments. Mr. El Abd founded Entrepreneurs Business Forum-Egypt (EBF), the first NGO to support and empower entrepreneurs in Egypt in 2004 and has been an active member of the entrepreneurship ecosystem since then. He has developed many programs for entrepreneurship policy requirement working on creating a supportive environment for new venture creation. Mr. El Abd has a BSc in Economics from Georgetown University, USA.

What are we looking for?

We will invest in teams that can build fast growth businesses that are able to compete internationally. Our program is constantly on the lookout for teams of 2-4 individuals who are passionate entrepreneurs, and are dedicated to building their businesses with a unique value proposition for a potentially large addressable market. We are looking for teams with complementary skill sets who are driven, hardworking and willing to learn new market strategies. Selected teams must be able to relocate to Cairo during the 4-month acceleration period.

We have two parallel tracks that all have the same perks and benefits:

General

This acceleration track is open to startups operating in any and all business sectors. General training and mentorship on various aspects of entrepreneurship and networking events are offered.

In partnership with

FinTech

Specifically designed for startups operating in the financial technologies sector. Specialized training sessions and networking events that focus on disruptive financial technologies and finance in general are offered.

In partnership with