Egypt MSME Development Agency injects 67.8 billion EGP into small businesses

Mustafa Hassan, CEO of the Micro, Small, and Medium Enterprise (MSME) Development Agency, announced that the agency has provided 67.8 billion EGP in funding between 2014 and June 2026. This capital was directed toward supporting small and micro-enterprises and community development across various governorates, with a focus on Upper Egypt, the Delta, and border regions.

These funds have benefited approximately 2.1 million projects and contributed to the creation of 3.6 million direct and indirect jobs. Additionally, 3.5 billion EGP of the total funding was allocated to infrastructure, community development, and training, providing roughly 35.3 million workdays for informal labor.

Beyond direct financing, the agency provided approximately 500,000 non-financial services to help entrepreneurs formalize their businesses and access state incentives. The agency also organized 1,573 exhibitions, facilitating 38 billion EGP in total sales and contracts for participants.

In terms of foreign investment, the agency contributed 55 million USD across 16 investment funds, helping attract 455 million USD in foreign direct investment for Egyptian startups. This initiative has benefited 170 startups, with 93 companies officially certified since the launch of the Startup Charter in February 2026.