About Us

Sherketak is a startup accelerator created to support and empower entrepreneurs while promoting the startup ecosystem in Egypt. Our aim is to both support and accelerate the growth of Egyptian entrepreneurs to develop innovative businesses that meet today’s competitive economy and paves the way for a progressive tomorrow. We are also committed to providing you with the necessary framework structure and next gen. strategies that will help your business thrive.

Twice a year, we invest in passionate startups that move over to the Sherketak hub for 4 months. During this period, we work intensively with each team to bring their company in to its best possible shape; as we hone their skills and continue to refine their pitch to investors. Each cycle culminates in a Demo Day, where founders present to a large audience of investors. Sherketak's support doesn't end on Demo Day, we continue to help founders with their projects journey through committed vision and dedication.

Funding Details

Sherketak implements a new model of startup funding. Our program offers funding from EGP 100,000-500,000 for teams to turn their business ideas into a reality with 4-8% equity stake in return. We support up to 30 companies per cycle in our accelerator program, as we offer a wide range of business, legal, technical and entrepreneurial support.

Investment Size (per company) EGP 100-500k
Equity 4-8%
Acceleration period 4 months
Number of Companies (per cycle) Up to 30
Stages Seed and Early Stage

What are we looking for?

We will invest in teams that can build fast growth businesses that are able to compete internationally. Our program is constantly on the lookout for teams of 2-4 individuals who are passionate entrepreneurs, and are dedicated to building their businesses with a unique value proposition for a potentially large addressable market. We are looking for teams with complementary skill sets who are driven, hardworking and willing to learn novel market strategies. Our teams must be able to relocate to Cairo during the 4-month acceleration period.

We have three parallel tracks that all have the same perks and benefits:

General

Any and all innovative business ideas are accepted here.

FinTech

Financial technologies (FinTech) are new technologies and innovations that aim to compete with traditional financial methods in the delivery of financial services through the use of ICT.

In partnership with