Within the framework of Banque Misr's ongoing commitment to supporting entrepreneurs and startups and enabling their success, the bank has recently launched the Startup Accelerator Program 'TEQDAR'. This initiative serves as an accelerator for startup growth. The opportunity is now available for startups to apply for the third cycle of the Startup Accelerator Program 'TEQDAR' until July 04, 2024, to benefit from technical, investment, and marketing support services for companies selected to join the program. The launch of this third cycle builds upon the success of the first two cycles, during which the program accelerated the growth of 11 startups.

It's worth noting that the Startup Accelerator Program 'TEQDAR', Banque Misr's startup growth accelerator, is designed to accelerate the growth of startups over a six-month period. The program provides a wide range of technical and financial support services along with many strategic advantages. These include:

1. Access to a customer base of more than 15 million people covering all categories.
2. Communication with subject matter experts.
3. Benefits from strategic partnerships across all sectors.

Continued support and growth opportunities for all companies graduating from the program.

Banque Misr, as a major financial institution, will collaborate with the startups participating in the program by:

1. Identifying modern innovation mechanisms and rapid product development methods.
2. Providing solutions based on accurate knowledge of customer needs.

The startups joining the program will benefit from:

1. A financial investment package with access to financing of up to $125,000.
2. Technical support from various experts working at Banque Misr.
3. Opportunities to discover new partnerships with Banque Misr.

These benefits aim to achieve faster growth for the participating companies.

The launch of the third cycle of the Startup Accelerator Program 'TEQDAR' represents a crucial step in establishing Egypt as a consistent destination for attracting capital investments. This initiative:

1. Helps shape the future of finance and business in Egypt through cooperation with startups.
2. Reinforces our commitment to digital transformation and local market development.
3. Provides value through technical, consulting, and marketing expertise offered by the bank.

The bank will deliver these services through its various departments and its extensive network of branches spread throughout the country.

Banque Misr is committed to fulfilling its vital role in supporting all activities that contribute to creating a better life for Egyptian citizens. The bank strives to provide banking and financial services in an accessible and advanced manner, working to enhance the excellence of its services, maintain its long-term success, and launch initiatives aimed at delivering services that meet customer needs. Banque Misr consistently acts as a catalyst for national and strategic development, driven by its belief in sustainability and continuous improvement.