Raya Future Tech EV Accelerator Program

The EV Accelerator is implemented by Raya Auto, Raya FutureTech, and Entlaq in partnership with the Private Sector Innovation (PSI) Project, under the Egyptian–German Cooperation. PSI is implemented by GIZ Egypt, commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ), in collaboration with the Egyptian Ministry of Industry(MoI). Designed to accelerate the growth of Egypt’s emerging

electric mobility sector, the program supports 7+ EV startups selected from 40+ applications through a structured four-month acceleration journey. Startups benefit from 15+ expert-led sessions and 45+ hours of tailored content, combining mentorship, technical guidance, industry exposure, and investor engagement. The program strengthens business models, advances technology development, and improves investment readiness, culminating in a high impact Demo Day that showcases Egypt’s potential as a regional hub for electric vehicle innovation.