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ITIDA’s Start IT Welcomes 47th Tech Startup Cohort with Expanded Perks

ITIDA’s Start IT Welcomes 47th Tech Startup Cohort with Expanded Perks
Image Source: Fintech Gate Website
  • ITIDA’s TIEC welcomes the 47th Start IT cohort, supporting early-stage tech startups with expanded funding, perks, and cloud credits.
  • New “Start IT Perks” platform offers discounted tools and services through partnerships, aiming to cut costs and speed startup growth.
  • Eight selected startups presented innovative solutions in healthcare, education, logistics, sports, and e-commerce at the program’s kickoff networking event.

Start IT

The Technology Innovation and Entrepreneurship Center (TIEC), of the Information Technology Industry Development Agency (ITIDA), has welcomed a new cohort of tech startups under the 47th round of its flagship incubation program, Start IT. 

Start IT is a comprehensive tech incubation program targeting early-stage entrepreneurs and startups with ICT-based ideas or prototypes. The program provides a one-year full incubation journey. Furthermore, it helps them build scalable, investment-ready startups. 

The latest cohort is a step forward in ITIDA’s commitment to fostering a vibrant and sustainable entrepreneurial ecosystem. It also aims to empower youth, promote innovation, and accelerate the growth of early-stage technology ventures across Egypt.

The kickoff event featured a networking session bringing together the new cohort and alumni from previous Start IT rounds. It aimed to foster peer learning, knowledge exchange, and cross-collaboration opportunities. 

During the event, ITIDA also launched Start IT Perks, an exclusive benefits platform for incubated startups. The platform provides discounted access to premium digital tools and services through partnerships with local enablers. This includes Talents Arena, Sprints, The WhiteGuard, Qayedeny, Camion, Techie Matter, DevisionX, and Zurqa. Furthermore, its goal is to enhance startup efficiency, reduce operational costs, and support accelerated scaling.

Expanded Support

ITIDA also announced an expanded incubation package that increases total support per startup to EGP 480K, up from EGP 180K. This increase covers both financial grants and in-kind services to strengthen the startups’ ability to progress through key development milestones.

Additionally, support from Amazon Web Services (AWS) has been doubled to USD 10,000 in cloud credits per startup. This upgrade aims to equip startups with cutting-edge cloud infrastructure and services.

Selected Startups

Eight newly incubated startups showcased their innovative solutions spanning healthcare, education, sports, logistics, and e-commerce:

  • Cluster is developing a health-tech platform that streamlines pharmaceutical supply chain operations.
  • Mystery Bag offers a digital solution to reduce food waste and unsold inventory through smart redistribution.
  • Converse2Note leverages AI to convert doctor-patient consultations into structured and coded medical reports.
  • Coccarohome connects women artisans directly with consumers, promoting authentic, handmade home décor.
  • Sportyano is building a digital platform for sports talent discovery, academy management, and contract facilitation.
  • LRNOVA enables the creation of high-quality educational content using AI-powered tools.
  • TANKER provides a digital system to monitor and manage fuel consumption in logistics and transportation fleets.

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