Startup Egypt signed a cooperation protocol with Domty during the Startup Egypt launch event to introduce a specialized food and beverage accelerator powered by Domty. The agreement was signed by Dr. Maged Ghoneima, Chairman of Startup Egypt’s Board of Trustees, and Mohamed El Damaty, CEO of Domty.
The accelerator will support early-stage F&B startups developing innovative solutions, helping them refine their business models, enter the market, and prepare for expansion.
“Domty is keen to share its market experience and capabilities with promising early-stage startups, particularly those introducing innovative solutions that can strengthen the food and beverage sector,” El Damaty said.
Dr. Ghoneima stressed the importance of accelerators led by major industry players. “Founders benefit most when acceleration is powered by companies that understand the market from within. The program will be equity-free and available to Startup Egypt Full Members at no additional cost,” he said.