“Innovation & Entrepreneurship” have become a key driver of equitable economic growth, and have immense potential as a generator of employment opportunities. Therefore, developing culture and skills of entrepreneurial thinking within the communities in which we live and work has become a focus for governments and societies worldwide. One of the main mandates of Technology Innovation and Entrepreneurship Center (TIEC) is to promote innovation and entrepreneurship in the ICT sector in Egypt.
The Incubation Department offers a fully fledge incubation package to startups in the ICT sectors. Teams and startups can apply to TIEC's incubation at any time during the year. Every three months, submitted applications are evaluated and an invitation for pitching is sent to the preliminary accepted teams. The teams who pass the pitching are incubated at one of TIEC's incubation centers for one year.
To create an appropriate business environment, TIEC focuses on increasing awareness towards entrepreneurship within the ICT domain; qualifying technology start-up candidates for incubation through a launch pad program; developing a local, regional and international network of stakeholders to support entrepreneurs; and increasing awareness regarding the importance of IP Rights and commercialization techniques.
The Technology Management Department (TMD) is the technical arm of TIEC. Mainly, it builds and empowers local Youth skills in various emerging technology areas through high quality skill development online content on top MOOC platforms and it powers innovation clusters to build technological innovations, through connecting nodes in the national innovation ecosystem at various geographical locations.