startup challenges in egypt presented by businessyard

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startup challenges in Egypt

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Page 1: Startup challenges in egypt presented by Businessyard

Startup Challenges in Egypt

“When I am telling people I am doing startup, they don’t know what i’m doing”

©Businessyard 2013

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Page 2: Startup challenges in egypt presented by Businessyard

What is the biggest challenge you think startups in Egypt face right

now?

©Businessyard 2013 2

Page 3: Startup challenges in egypt presented by Businessyard

It is hard to raise money because we do not have many angel investors who understand startups for early-stage

investments.

©Businessyard 2013 3

Page 4: Startup challenges in egypt presented by Businessyard

It’s difficult to find talent, Good guys want to go to top companies. It’s also not easy to hire because young people want to get a secure job

©Businessyard 2013 4

Page 5: Startup challenges in egypt presented by Businessyard

To find very unique product solution that sets apart from competitors, and

how can you prevent copying?

Right now, the challenge is to create the network of users so even if others copy you, they can’t steal your users

©Businessyard 2013 5

Page 6: Startup challenges in egypt presented by Businessyard

low adoption rate of new ideas compared

to other countries

"Risk-averse personalities"

©Businessyard 2013 6

Page 7: Startup challenges in egypt presented by Businessyard

lengthy and complicated legalities that requires an expert to handle

©Businessyard 2013 7

Page 8: Startup challenges in egypt presented by Businessyard

No good tools/ecosystem helps finding the right partner or matching

co-founders with similar ideas

©Businessyard 2013 8

Page 9: Startup challenges in egypt presented by Businessyard

What Businessyard can offer to solve these problems

©Businessyard 2013 9