Our ambition is to find and empower talented and ambitious early-stage startup founders, in order to help them thrive in the region’s rapidly changing entrepreneurship landscape. Our sector-agnostic program focuses on honing startups’ product-market fit, finetuning their business, operating and revenue models, growing their customer base and raising follow-on investments.
We aim to arm entrepreneurs with the necessary tools, resources, and contacts to develop their strategies and expand their businesses. We do this through our renowned 6 month acceleration program which includes funding, networking, mentorship, trainings, and a wide variety of perks and benefits. Each cycle culminates in a Demo Day, where founders present to potential investors, policy makers, stakeholders, and partners. Our support does not end on Demo Day, though, as we continue to support our portfolio companies throughout their journey.
Our brand new offering is taking Egypt’s startup ecosystem to a whole new level of support, because accelerating 50 startups in one year means that we really do know exactly what you need to grow your startup quickly.
Falak’s new investment size Up to 1,000,000 EGP is unrivaled - and it’s the leverage you will need to gain momentum and accelerate your growth, while we work together on securing follow-on investments from venture capital firms, angels, and even corporates.
Although Falak is sector agnostic, and focuses on tech-enabled and scalable startups, we have two additional focused tracks that specialize on Financial Technology and Clean Technology.
Our accelerated startups reside in our state of the art, 700m2 office, in the heart of Downtown Cairo, fully equipped with all their office space needs during the 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."
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."
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."
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. "
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. "
Miral El Essawy
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.
Nihal El Chami
Prior to joining Falak, Nihal was a Strategic Management Teacher Assistant at the German University in Cairo. Alongside her academic career, Nihal was a consultant on various projects in which she led market research and industry analysis to formulate business growth strategies. In addition to that, Nihal joined RiseUp as a project coordinator to work on the Startup Manifesto; a document encompassing information on all key stakeholders in the Egyptian startup ecosystem and detailing the challenges and actionable solutions. Nihal holds a BA with honors in Management and an MSc. specialized in Entrepreneurship & Strategic Management from the GUC. During her undergraduate studies, she was majored in Strategic Management & Finance and she undertook a third major in Marketing during her MSc.
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. "
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."
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.
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.
In partnership with
In partnership with