Scaling Green Startups in Upper Egypt

Athar is an accelerator specialised in supporting green sector startups and scaleups in Upper Egypt. Through an EBRD-funded voucher programme, Athar engaged New Silk Roads to provide direct fundraising and professionalisation services directly to the Athar team. In parallel, our team also delivered tailored fundraising and programme design support for a portfolio of green startups from the Egyptian cities of Alexandria, Assuit, and Sohag.

This support resulted in direct follow on funding, such as for Salahly from Assuit, which raised additional funds from LifeMakers Foundation.

Country

Egypt (Minya, Assuit, Aswan)

Client

European Bank for Reconstruction and Development (EBRD)

Partners