Entrepreneurs in Egypt: Ayman Saeed

 In News

Young entrepreneurs in Egypt are part of a new wave of self-employment sweeping the nation, and Mostafa Shahat writes about them.

Entrepreneurship flourished after the Egyptian revolution in 2011. There have been many NGOs and social enterprises that have started operating and implementing their activities, and many active individuals who want to support the entrepreneurship ecosystem have started either volunteering with NGOs or starting their own social enterprises.

Ayman Saeed is one of the few who actively affected Egypt’s entrepreneurship ecosystem through his efforts. Ayman studied Electrical Engineering at Ain Shams University in 2005, obtained his MBA and specialised in marketing at the Arab Academy for Science, Technology & Maritime Transport. Ayman’s favourite quote is, ‘Wisdom is to know what to do, knowledge is to know how to do and success is to do’’.

In 2011, Ayman joined as a volunteer and ended up as a board member at the Middle East Council for Small Business & Entrepreneurship (MCSBE), where he has organised and conducted several successful entrepreneurship programs and competitions.

Along with his team, Ayman organised the Cairo Startup Cup competition, funded by USAID Egypt, which gathered 52 groups of entrepreneurs for six months to attend trainings and pitch their businesses for funding opportunities.

In 2013, MCSBE organised Bedaya Startup Academy, which is another six-month entrepreneurship training and mentorship for 25 groups of entrepreneurs, funded by the Ministry of Investment and USAID. During the same year, they organised a solvers’ camp, where they invite 30 entrepreneur who are interested in one of three main themes: education, energy and agriculture. The idea behind the camp is to find creative and sustainable solutions to the problems in the chosen themes.

Before Ayman left MCSBE, he helped in organising the international co-working space camp at El-Guona, which gathered 40 entrepreneurs from Egypt, Lebanon, Germany and Austria. The main aim of the camp is to connect founders of co-working spaces with each other and share experiences and ideas about how to develop the services.

Ayman and two other writers, Mahmoud Wasfy and Mahinaz El-Aasser, have published one of the very few books that gives a clear overview about the entrepreneurship scene in Egypt as well the major players in the field and successful entrepreneurs in Egypt. Named Entrepreneurship in Egypt: from Evolution to Revolution, 1,000 copies of the book have been sold so far.


Ayman has recently founded Startology, which is a social enterprise enables Egyptian youth to start up and sustain their businesses. It offers mentorship and training to entrepreneurs, and it joined the Zizinia National Creative Challenge as mentor and judge to more than 120 groups of entrepreneurs.

Startology also offered mentorship and training about business modeling, marketing, customer discovery and finance during the first cycle of the accelerator programme, Imagine Cup Academy, powered by the Germany University in Cairo.

In 2013, Ayman was invited during Global Entrepreneurship Week to speak about the entrepreneurship scene in Egypt, and he was awarded a scholarship to attend the Malaysian Technology and Development Commercialization conferencein 2014.

Amman also attended the Global Entrepreneurship Summit in Morocco, funded by US Embassy in Cairo, and the Economic Empowerment Through Entrepreneurship programme in the USA that is funded by US Department of State.

Article submitted by Mostafa Shahat, the volunteer responsible for Arabic guest bloggers in the MENA region and an entrepreneur who has established one of the most successful youth communities in Egypt, Goal Oriented Learners. Mostafa studied social entrepreneurship in USA and is currently the Middle East & North Africa representative at StudySearch (Nigeria) and the Egypt representative for All Events in City (India). Mostafa is also a reporter at Nudge Sustainability Hub. Email him at mshahat@golteam.org and check out his other blog A Syrian’s Success in Egypt and more from his Entrepreneurs in Egypt series.

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