In an exciting new initiative, Banque Misr has partnered with the United Nations Industrial Development Organization (UNIDO) and Chemonics Egypt to launch the “TEQDAR-Go Green” accelerator program. This initiative will support green businesses in Egypt that are ready to scale up, particularly those operating in the fields of recycling, renewable energy, energy efficiency, and waste-to-energy conversion.
The program targets at companies that have been operational for at least two years, with annual revenues in the hundreds of thousands of Egyptian pounds and strong growth potential—forecasted to increase by three to five times over the next two years.
The “TEQDAR-Go Green” program provides comprehensive, tailored support to participants, designed to accelerate business growth and scalability. This includes strategic consulting, offering customized advice to guide businesses through expansion and development. Participants also benefit from technical insights and market analysis, with expert perspectives on green economy policies and trends, drawing from over 30 years of experience. The program enhances investment readiness, helping businesses access critical equity and debt financing opportunities to fuel their growth. Additionally, it provides robust financial planning tools and key performance indicators (KPIs) to optimize business performance. Participants also gain valuable networking opportunities, connecting them with potential clients, suppliers, investors, and policymakers. Furthermore, businesses can leverage both financial and non-financial services from Banque Misr, ensuring a holistic approach to business success and sustainability.
This initiative underscores the commitment of Banque Misr, UNIDO, and their partners to promote sustainable business practices in Egypt and strengthen the country’s green economy. By providing green businesses with the resources they need to grow, “TEQDAR-Go Green” is set to play a key role in driving Egypt’s transition towards a more sustainable future.
