fbpx

VMS Launches Cairo Accelerator Offering Up to USD 28.7K for Each Startup

VMS Launches Cairo Accelerator Offering Up to USD 28.7K for Each Startup
  • VMS launches Cairo accelerator offering up to USD 28.7K per startup, plus mentorship, strategic guidance, and regional market access.
  • The program targets Seed and Seed+ Egyptian startups, helping them strengthen fundamentals, refine growth strategies, and prepare for expansion.
  • VMS Accelerate connects founders with investors, corporates, and ecosystem players in Saudi Arabia, fostering cross-border partnerships and regional growth opportunities.

VMS


Value Makers Studio (VMS) launched VMS Accelerate in Egypt. It is a three-month accelerator designed to help high-potential startups scale and expand into the Saudi market.

“Egypt is home to one of the region’s most dynamic startup ecosystems. At VMS, we see enormous potential in Egyptian founders who are building scalable businesses. Through VMS Accelerate, we aim to provide the capital, mentorship, and market access needed to help these startups expand into Saudi Arabia — one of the fastest-growing startup markets in the region,” said Motaz Abuonq, CEO of Value Makers Studio (VMS).

Founded in 2022, Value Makers Studio (VMS) is a venture studio that builds and scales startups across the Middle East and North Africa. Additionally, it helps global founders enter the Saudi market.

Accelerator

The program will provide cash investments of up to around USD 28.7 thousand (EGP 1.5M) per startup. It will also offer support, mentorship, and market access to help founders grow beyond their local markets. Furthermore, it plans to invest in seven startups in the program’s first Cairo cohort.

The accelerator targets Seed and Seed+ stage startups with scalable business models and regional ambitions. Beyond capital, the accelerator intends to help founders strengthen their fundamentals, refine their growth strategy, and prepare for regional expansion and future investment rounds.

The program will run for three months aiming to combine structured learning with practical exposure to investors and regional partners. Additionally, it seeks to serve as a bridge between the Egyptian and Saudi startup ecosystems. Thus, it aims to connect participating startups with investors, corporates, and ecosystem players in Saudi to facilitate market entry and partnerships.

If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.