Egyptian edtech startup Business For Teens closes a six figure pre-seed funding round to expand entrepreneurship and financial literacy programs for teenagers.
Egyptian edtech startup Business For Teens has closed a six figure pre seed investment round, as it looks to scale its entrepreneurship and financial literacy programs for teenagers across Egypt and the Gulf. The round was backed by a group of angel investors, including training and sales expert Salah Abou Elmagd, according to coverage by Wamda.
Founded in 2024 by Nadeem Barakat, Business For Teens focuses on teaching entrepreneurship and business fundamentals to teenagers aged 10 to 16 through interactive, project-based learning. Since launch, the startup has partnered with more than 10 schools across Egypt and Saudi Arabia and has reached over 600 students, enabling participants to launch and showcase real business projects through student-led bazaars.
The newly raised capital will be used to expand operations, enhance educational content, and deepen partnerships with schools and institutions across the region. According to information shared with Wamda, the company plans to launch three new program levels in 2026, partner with more than 30 schools, and train over 6,000 students by the end of next year, as it scales beyond its initial markets.
Business For Teens is operating within one of the region’s most active edtech ecosystems. Data from MAGNiTT shows that Egypt continues to rank among the most active startup markets in the MENA region by deal count, with education technology consistently attracting early stage investment as demand rises for skills-based and alternative learning models.
Youth education and early skills development have become strategic priorities across emerging markets. According to UNICEF, early exposure to practical and entrepreneurial skills plays a critical role in preparing young people for rapidly evolving labor markets, particularly in countries with large youth populations such as Egypt.
Six-figure pre-seed rounds are typically used to support product development, early hiring, and market validation. Guidance published by Carta notes that pre seed funding is often the first institutional or angel capital raised to help startups refine product-market fit ahead of larger seed rounds.
For Business For Teens, the funding marks an early step toward regional expansion, as the company works to position entrepreneurship education as a core skill rather than an extracurricular activity. The deal adds to a growing number of Egyptian startups securing early capital to address education and workforce readiness gaps through technology enabled platforms.
