Deal Street Powered By:

GIZ Launches USD 120 Mn Funding Program For New Fund Managers
GIZ Launches USD 120 Mn Funding Program For New Fund Managers

GIZ Egypt, in collaboration with the Egyptian Micro Small and Medium Enterprises Development Agency (MSMEDA), Endure Finance, and Changelabs, has launched a USD 120 Mn funding initiative called ‘VC University’ aimed at first-time venture capital (VC) funds.

The year-long program will provide mentorship to aspiring fund managers and access to various LPs from around the world and educate early-stage fund managers on how to raise capital and navigate challenges.

The VC University program is open to funds based in Egypt and those based elsewhere in MENA who have a strong mandate to invest in Egyptian startups. It looks to onboard three to four fund managers, who will receive USD 30-36 Mn each.

Popular

Annual Membership

$60

(billed annually)

Access To 12-Month WT Membership

Access To WT's Conferences & Events

Access To All WT's Research Reports On Africa

Access To Podcasts, Video Content & Recordings

Access To All Premium Newsletters

Unlimited Access To WT's Content Archive

Subscribe Now