TechInAfrica – RiseUp has just launched the Startup Manifesto which can be accessed online. It’s the first in Egypt, providing comprehensive documentation of challenges faced by the entrepreneurship sphere in the country.
RiseUp is the annual summit that aims at addressing most challenging issues in the ecosystem of entrepreneurship in Egypt, including access to data, funding, investment opportunities, as well as policies and regulations.
The Startup Manifesto was launched with about 200 stakeholders in venture capital, public policy, legal framework, talent management, building company, accelerators, incubators, and a lot more. These stakeholders gathered and partnered for about a year to partake in the Manifesto, held from the 5th – 7th December 2018.
As what’s written on the website of Startup Manifesto: “As part of its mission, RiseUp initiated the Startup Manifesto project as a catalyst for change. The Manifesto, outlines current challenges and proposing concrete solutions, aims at improving the current entrepreneurship ecosystem in Egypt. Its target is to increase ecosystem readiness for fostering entrepreneurship, thereby gearing the ecosystem towards its full potential.”
The opening panel of Startup Manifesto with the title: Towards a Robust Start-Up Ecosystem through Policy Shaping, provides the leading business executives and policymakers talk about legal and policy challenges faced by startup owners. The panelist of the opening panel was Nermine EL Tahri, the GM of Banking Reforms of the Central Bank of Egypt (CBE). She explained the reasoning behind the establishment of CBE’s risk fund with a credit guarantee company.
The second panel’s title: The Egyptian Startup Ecosystem: The Present and the Way Forward. The second panel featured Ameer Sherif, the CEO of Wuzzuf; Alaa Hashem, the Co-Founder of Transcendium; Dr. Sherif Kamel, Dean, School of Business the American University of Cairo, as well as Louay El Shawarby, the Founder and Principal of El Shawarby Attorneys at Law.
Meanwhile, the final panel’s title: Global Perspectives on Ecosystem Development, brought together global ecosystems players into a discussion, including Mona Mowafi, the Founder of RISE Egypt; Nazeh Ben Amar, the President of Carthage Business Angels, as well as Muhammed Hamdy, the Head of Future Platforms of Dubai Future Foundation.