Grace Ashiru
Business For Teens, an Egyptian educational startup focused on teaching entrepreneurship and financial literacy to teenagers, has successfully closed a six-figure pre-seed funding round aimed at accelerating its growth and expanding its reach across Egypt and the Gulf region.
Launched in 2024 by Nadeem Barakat and based in Cairo, Business For Teens equips young individuals aged 10 to 16 with valuable entrepreneurship and leadership skills. The company offers structured programs, hands-on projects, and mentorship from seasoned professionals to help teenagers develop real-world business acumen.
This funding round follows a period of impressive early momentum. Since its inception, Business For Teens has collaborated with more than 10 schools in Egypt and Saudi Arabia, impacting over 600 students with its practical entrepreneurship programs. The company has also hosted numerous student bazaars and exhibitions, where participants presented live business projects to large audiences, turning classroom lessons into authentic business experiences.
The investment round was spearheaded by Salah Abou Elmagd, a respected expert in training and sales, and supported by a group of angel investors. The funds will be directed towards expanding the company’s operations, enriching its program offerings, and fostering deeper collaborations with schools and educational organizations.
“We provide teenagers with a clear, step-by-step pathway—from learning the basics to launching real-world projects—while simultaneously helping them develop the personal and business skills necessary for success in today’s rapidly evolving world,” said Barakat. “This funding allows us to extend our reach to thousands of teens across Egypt and the region, and to build strategic partnerships with schools and institutions.”
Looking ahead, Business For Teens plans to roll out three new program levels in the first quarter of 2026, grow its network to over 30 school partnerships, and train more than 6,000 students by the close of the year.
