Egyptian Edtech Startup Business For Teens Raises Six-Figure Pre-Seed Round

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Business For Teens, an Egypt-based education startup focused on entrepreneurship and financial literacy for teenagers, has raised a six-figure pre-seed funding round to support its expansion across Egypt and the Gulf region.

The round was led by training and sales expert Salah Abou Elmagd, alongside a group of angel investors. The company said the funds will be used to expand operations, develop new programmes, and strengthen partnerships with schools and educational institutions.

Founded by Nadeem Barakat, Business For Teens offers hands-on entrepreneurship programmes for students aged 10 to 16. Since launch, the startup has partnered with more than 10 schools across Egypt and Saudi Arabia and has trained over 600 students through project-based learning initiatives.

The company has also organised student bazaars and exhibitions, where participants present real business projects to the public, providing practical exposure to entrepreneurship and financial decision-making.

“Our programmes provide a structured pathway from basic business concepts to launching real projects,” Barakat said. “This funding allows us to scale our impact across the region.”

Business For Teens said its curriculum is built on more than 12 years of business development experience, translated into interactive learning, startup simulations, and educational games aligned with global education standards.

“This is my first investment in a series of upcoming investments,” Abou Elmagd said in a statement, adding that he believes in the company’s mission and execution.

The startup plans to launch three new programme levels in the first quarter of 2026, expand to more than 30 school partnerships, and train over 6,000 students by the end of the year.

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