Egypt’s Raya FutureTECH Completes 1st Accelerator Program

Egypt’s Raya FutureTECH, the innovation arm of Raya Holding, has successfully concluded its inaugural accelerator program in collaboration with GIZ.

The Demo Day, held in Cairo, marked the graduation of the first cohort of 13 startups, including Arzaq Masr, Cultivaet, and Accounting Club, as well as Meta Egypt, BUS14, and Credify.

Jadeed, Wfrley, and PlanQ also completed the program, as did Tatbeek, the Holiday Homes Service Co., H.E Rental, and WhereApp.

The winners will receive additional support and funding to further develop their solutions. Clara Samman, senior program officer at Raya FutureTECH, shared insights on the program’s objectives and achievements.

“This program was designed to provide the founders with the resources, training, and mentorship they need to grow. Through one-on-one consultations with experts from Raya, workshops, and connections to our network, we’ve equipped them with the tools for success,” she said.