Fekretak Sherketak
Founded 2017
About Fekretak Sherketak
FEKRETAK SHERKETAK is the first government-led accelerator program. It includes a new four-month-long accelerator and mentorship program and seed funding of up to EGP 500,000 ($28,300) for qualified startups, for a 4-8 percent equity stake in the business. Qualifying startups will compete for placement in the selective four-month accelerator, which will mentor its participants and connect them to valuable business resources such as legal services, commercial support, training, access to investors, and a co-working space. The program has two tracks: a FinTech arm, led in partnership with EFG Hermes, and a Social Impact program, supported by the UNDP with a focus on companies supporting the UN’s Social Development Goals through commercially viable means. Fekretak Sherketak is financed through the support of Egypt Ventures, an investment company worth upwards of $25 million.
Company Facts
- Founded: 2017
- Operating status: Operating
- IPO status: Private
- Website: sherketak.com
- Phone: [email protected]
Social Profiles
Canonical: https://fsome.com/organization/fekretak-sherketak-8316838 · For the full interactive profile (charts, investors, team, acquisitions, press), please enable JavaScript.