Standard Chartered has launched a new accelerator program, Futuremakers Women in Tech, in partnership with AUC Venture Lab and Village Capital, to support women-led startups in Egypt’s tech sector. The program aims to promote economic inclusion and provide women entrepreneurs with the tools and resources they need to succeed. The initiative is part of the broader Futuremakers program, a global effort funded by the Standard Chartered Foundation.
The accelerator program will run for three years and provide participants with access to training, mentorship, and equity-free funding of up to $10,000. Selected startups will also be connected to international investor networks, providing them with opportunities for growth and expansion. The program will offer tailored business support, expert-led masterclasses, and mentorship opportunities, all designed to help women-led startups overcome the challenges they face in the tech industry.
The launch of Futuremakers Women in Tech marks Egypt’s entry into the global Women in Tech network, which has already supported over 4,000 women entrepreneurs across 17 countries. The program seeks to reinforce the role of female entrepreneurship in Egypt’s expanding tech-enabled economy, where women-led ventures are increasingly recognized as important contributors to innovation and inclusive economic development.
The AUC Venture Lab, a key partner in the program, has a proven track record of supporting entrepreneurs, having backed over 1,000 founders since its establishment in 2013. The launch event featured a panel discussion on women in the technology sector, highlighting insights from regional industry leaders and emphasizing the importance of supporting women in tech.
The Futuremakers Women in Tech program is a significant step towards promoting gender equality and economic inclusion in Egypt’s tech sector. By providing women-led startups with the support and resources they need to succeed, the program aims to unlock the full potential of women entrepreneurs and contribute to the growth and development of the Egyptian economy. With its focus on equity-free funding, mentorship, and training, the program is well-positioned to make a positive impact on the lives of women entrepreneurs in Egypt and beyond.