Powered by the Egyptian Ministry of International Cooperation and it's venture capital arm, Egypt Ventures, Falak Startups‘
mission is to find and empower talented and ambitious early-stage tech startup founders and help them thrive in the region’s rapidly changing entrepreneurship landscape. Our sector-agnostic program focuses on improving startups’ product-market fit, finetuning their business, operating and revenue models, growing their customer base and raising follow-on investments.
Through our renowned 6-month acceleration program we arm entrepreneurs with the necessary tools, resources, and networks to develop their strategies and expand their businesses. Our program entails equity investment, growth hacking, networking, mentorship, trainings, and a wide variety of perks and benefits. Each cycle culminates in a Demo Day, where founders showcase their startups to potential investors, policy makers, stakeholders, and partners. Our support does not end on Demo Day as we continue to back our portfolio companies throughout their journey.
Falak Startups’ new maximum investment size of 1,000,000 EGP is unrivaled and provides the leverage startups need to gain momentum and accelerate their growth, whilst we work together on securing follow-on investments from venture capital firms, angel investors, and corporates.
Although Falak Startups is industry agnostic and focuses on tech-enabled and scalable startups, we have an additional focused track that specializes on Financial Technology powered by EFGEV. We also foster sub-tracks that are sector specific with the support of key industry partners.
Our accelerated startups reside in our fully-equipped state of the art, 700m2 office, in the heart of Downtown Cairo, that meets all their office space needs during the program.