Technology Development Fund I&ii (TDF I, ii)
TDF I is $10 million investment fund focused on early stage companies in the Information and Communication Technology (ICT) companies . The fund was led by the Ministry of Communication and Information Technology to support Egyptian Innovation and Entrepreneurship in the ICT space. TDF I was closed in 2004 and is currently fully invested.
TDF II is a $40 million investment fund intended as a continuation to TDF I. It also focuses on early stage ICT companies, but with slightly larger individual investment sizes within the range of $1 million to $4 million. This fund was closed in 2008 and is currently actively investing.