Under the directives of the Ministry of Supply and Internal Trade, and as part of its ongoing efforts to support the entrepreneurship ecosystem and enhance the role of its affiliated entities in developing the business environment, the Internal Trade Development Authority (ITDA) participated in the RiseUp Summit 2026.
The summit was held at the Grand Egyptian Museum (GEM) from February 5 to 7, 2026, marking the thirteenth edition of the RiseUp Summit, which is one of the most prominent entrepreneurship platforms in the Middle East and Africa.
The Authority's participation reaffirms its role in supporting startups, improving the investment climate, and linking internal trade policies with innovation and the shift toward a knowledge-based economy, in line with the state's orientations and Egypt Vision 2030.
The conference witnessed the launch of the National Startup Charter in Egypt, which resulted from extensive consultations lasting over a year. The process involved 15 national entities and more than 250 representatives from the startup community, entrepreneurs, and members of parliamentary councils, all under the umbrella of the Ministerial Committee for Entrepreneurship, in the presence of Prime Minister Dr. Mostafa Madbouly.
Several ministers and members of the Ministerial Committee for Entrepreneurship participated in the launch, including Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, and Dr. Sherif Farouk, Minister of Supply and Internal Trade.
The National Startup Charter aims to enhance the entrepreneurship environment in Egypt by unifying government policies and procedures and establishing a unified definition for startups. This allows them to benefit from government incentives as innovative entities established for less than 7 years, relying on technology or intellectual property, and characterized by rapid growth rates.
The Charter also targets stimulating investment and supporting economic growth through unified financing mechanisms that seek to mobilize $1 billion in investments over five years, in partnership with the private sector and investment funds. This is coupled with facilitating administrative and regulatory procedures related to incorporation, licensing, liquidation, and market exit.
At the conclusion of the summit, Dr. Rania Al-Mashat thanked the ITDA representatives for their active participation and role in supporting the startup ecosystem. The ITDA delegation, which included members from the Commercial Registry led by Mr. Ahmed Mostafa, Deputy Head of the Central Administration for Commercial Registry, took commemorative photos with the working groups of the Ministerial Committee for Entrepreneurship.
