• Egypt-based edtech "Business For Teens" has closed a six-figure pre-seed funding round led by a group of angel investors.
• Founded in 2024 by Nadeem Barakat, the startup focuses on teaching entrepreneurship and financial literacy to teenagers aged 10–16.
• The funding will be used to expand operations and deepen school partnerships across Egypt and the GCC.

Press release:

Business For Teens, an education startup focused on teaching entrepreneurship and financial literacy to teenagers, has announced the successful closure of a six-figure pre-seed funding round to support its growth and expansion across Egypt and the Gulf region.

The funding round comes on the back of strong early traction. Since its launch, Business For Teens has partnered with more than 10 schools across Egypt and Saudi Arabia, reaching over 600 students aged 10–16 through hands-on entrepreneurship programs. The company has also organized multiple student bazaars and exhibitions, where young participants showcased real business projects to hundreds of visitors, turning learning into tangible, real-world experience.

The round was led by Salah Abou Elmagd, a renowned training and sales expert, alongside a group of angel investors. The investment will be used to expand operations, enhance programme offerings, and deepen partnerships with schools and educational institutions.

Commenting on the milestone, Nadeem Barakat, Founder of Business For Teens, said, “We give teenagers a clear pathway from fundamentals to launching real projects while building the personal and business skills needed to succeed in today’s fast-changing world. This funding round enables us to scale our impact to thousands of teens across Egypt and the region and to form strategic partnerships with schools and institutions.”

Business For Teens’ programmes are built upon 12 years of real-world business development experience, translated into interactive, project-based learning, real startup simulations, and educational games aligned with modern global learning methodologies.

Commenting on the investment, Salah Abou El Magd said, “This is my first investment in a series of upcoming investments. I have been closely following Business For Teens and strongly believe in its mission, its execution, and the founder’s ability to build a scalable, high-impact educational entity”.

Looking ahead, the company plans to launch three new programme levels in Q1 2026, expand to over 30 school partnerships, and train more than 6,000 students by the end of the year. Schools, youth organisations, and educational institutions are invited to explore collaboration opportunities through the company’s website.