While concern in Egypt rises over courting investment and international partnerships intended to improve Egypt’s economy, one initiative has broken away from the rest to offer a localized funding option for small projects and startups.
Yomken is set to boost the Egyptian economy and improve local production by introducing, for the first time in Egypt, crowdfunding and open innovation under one platform.
In the beginning, 24-year-old Founder Tamer Taha considered focusing the startup’s efforts solely on financial and technical consultancy, monitoring the various business models across the globe. He realized, however, that the local ecosystem is ready for more than just consultancy.
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