Falak startups supports Egyptian entrepreneurs by investing in and mentoring startups throughout their journey to address their business needs and foster their growth.
About Falak Startups
We are empowering and supporting the next generation of Egyptian entrepreneurs while contributing to the development of the startup ecosystem in Egypt. Our program consists of two different tracks, a General track for tech-enabled startups and a Fintech track designed for startups operating in the financial technologies backed by EFG-EV Fintech.
We are looking for non-traditional scalable businesses that have high growth potential. You should have at least: a minimal viable product (MVP), some sort of traction, and a core team of two founders with know-how in their prospective roles.
Our rolling application is open to all startups. Apply here
You will receive an email from Falak Startups to notify you if your company has been selected for an initial interview. Once we get in touch, we’ll schedule an interview, where you’ll pitch to the Falak internal team and we will discuss your business, market, and growth strategy..
After the interview, accepted startups will go through our due diligence process, where they will meet with our team to have the chance to work on their business model, growth strategy, and financials. Due Diligence is the final stage of our selection process, and accepted startups will move directly to our Investment Committee..
Our investment committee (IC) is composed of internal stakeholders and external industry and investment experts. You’ll get the chance to pitch your startup in front of this distinguished panel and qualify for investment.
Congratulations, you made it! Now the real work begins as your company joins Falak Startups’ growth program. You will be based out of our co-working space and have access to the hands-on mentorship and growth hacking you need to build thriving businesses before showcasing your progress to investors.
Since 2018, we’ve accelerated and enabled over 60 startups
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Falak Startups' corporate and institutional partners provide key sector specific expertise by providing mentorship, go-to-market opportunities, direct co-investment and access to their innovation labs.
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Pitching.. is a fact of life get used to it and get very good at it
Don't forget to think about your platform or services payment methods early.. There are many options to include
Always make sure that your users find something valuable when they get to your platform.
One of the keys of introducing a disruptive product is knowing how to pivot and experiment with your business model
The day you stop learning is the day you stop growing
Top 3 qualities to look for in co-founders or core team members: dedication, intelligence and agility