Egyptian StartUp documents challenges confronting entrepreneurship ecosystem

Since the ill-fated Arab Spring swept Egypt in 2011, the North African nation has been struggling to revive its battered economy and society.

Every facet of Egyptian life has been on reboot mode.

It is in this vein that RiseUp, an Egyptian startup has unveiled a comprehensive documentation of the challenges confronting the country’s entrepreneurship ecosystem.

“As part of its mission, RiseUp initiated the Startup Manifesto project as a catalyst for change. The Manifesto, outlines current challenges and proposing concrete solutions, aims at improving the current entrepreneurship ecosystem in Egypt. It targets to increase ecosystem readiness for fostering entrepreneurship, thereby gearing the ecosystem towards its full potential,” the manifesto says.

Startup Manifesto was put together by a group of nearly 200 stakeholders with expertise in venture capital, building companies, legal frameworks, public policy, education, talent management, accelerators and incubators over a period of 12 months.