Raya FutureTECH, the innovation arm of Raya Holding, successfully concluded its first accelerator program with an inspiring Demo Day at the Edge Innovation Center. The event showcased the remarkable progress of thirteen tech startups, highlighting their innovative solutions in sectors such as agriculture, transportation, real estate, and financial services.

Nanis Elessaily, Director of Strategy and Partnerships at Raya Holding, expressed her enthusiasm, saying, “Leveraging Raya’s 25 years of experience across various sectors, we are eager to support these startups as they grow. Startups have become an integral part of the economy, and we believe in their potential.”

Sameh Hammad, Head of Project, DV at GIZ Egypt, added, “GIZ, through our develoPPP for Jobs Funding Instrument, is committed to building successful partnerships with the private sector to improve training and employment in emerging economies. Our partnership with Raya FutureTECH has been remarkable, as we have seen startups in emerging industries evolve throughout the acceleration program implemented by Innovety. Their commitment to innovation and growth is inspiring, and we look forward to their future success.”

Clara Samman, Senior Program Officer at Raya FutureTECH, shared her insights, stating, “This program was designed to provide founders with the resources, training, and mentorship they need to grow. Through one-on-one consultations with experts from Raya, workshops, and connections to our network, we have equipped them with the tools for success. At Raya FutureTECH, we highly value partnership creation and networking opportunities. It was gratifying to see startups not only discussing potential partnerships with different business lines from Raya but also collaborating together throughout this journey.”