Business For Teens Raises Six-Figure Pre-Seed Round To Scale Entrepreneurship Education Across Egypt And The Gulf

Quadri Adejumo
By
Quadri Adejumo
Senior Journalist and Analyst
Quadri Adejumo is a senior journalist and analyst at Techparley, where he leads coverage on innovation, startups, artificial intelligence, digital transformation, and policy developments shaping Africa’s...
- Senior Journalist and Analyst
6 Min Read

Business For Teens, an education technology startup focused on teaching entrepreneurship and financial literacy to teenagers, has closed a six-figure pre-seed funding round to accelerate its growth across Egypt and the Gulf region.

The round was led by Salah Abou El Magd, a well-known training and sales expert, alongside a group of angel investors. The capital will be used to expand operations, enhance programme offerings, and deepen partnerships with schools and educational institutions.

Commenting on the funding round, Nadeem Barakat, Founder of Business For Teens, said the investment would allow the company to significantly scale its impact.

“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,” Barakat said. “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”.

What You Should Know

The raise comes on the back of strong early traction. Since launching, Business For Teens has partnered with more than 10 schools across Egypt and Saudi Arabia, reaching over 600 students aged between 10 and 16 through hands-on, project-based entrepreneurship programmes.

Unlike traditional classroom instruction, Business For Teens focuses on experiential learning. Students are guided through real startup simulations, interactive business challenges, and educational games designed to mirror real-world market dynamics.

The company has also organised multiple student bazaars and exhibitions where teenagers present and sell their own business projects to the public. These events allow students to test ideas, manage finances, interact with customers, and learn from both success and failure, transforming theory into tangible experience.

According to the company, its programmes are built on 12 years of practical business development experience, translated into structured educational content aligned with modern global learning methodologies.

Investor Confidence in a Scalable Education Model

Lead investor Salah Abou El Magd described the investment as part of a broader commitment to supporting high-impact education and youth development ventures.

“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 in the founder’s ability to build a scalable, high-impact educational entity,” Abou El Magd said.

Barakat also added that the company’s mission is not only to teach business mechanics, but also to build confidence, leadership, critical thinking and problem-solving skills among young learners.

Expansion Plans For 2026

Founded in 2024 by Nadeem Barakat and headquartered in Cairo, Business For Teens empowers young people aged 10–16 with practical entrepreneurship and leadership skills through structured programmes, real-life projects, and mentorship from experienced professionals.

Looking ahead, Business For Teens 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.

The company is also seeking new collaborations with schools, youth organisations and educational institutions across the region.

Talking Points

It is significant that Business For Teens is focusing on entrepreneurship and financial literacy at such an early age, addressing a gap in traditional education systems that often leave young people unprepared for real economic participation.

By moving beyond theory into real startup simulations, student bazaars, and project-based learning, the programme gives teenagers practical exposure to how businesses are built, run, and sustained, not just how they are described in textbooks.

At Techparley, we see how this kind of early, applied learning can shape a more confident and capable generation of founders, employees, and problem-solvers, particularly in emerging markets where youth unemployment and skills gaps remain persistent challenges.

The combination of structured curriculum, mentorship, and real-world execution means students are not only learning business concepts, but also developing leadership, communication, financial discipline, and critical thinking skills that are transferable across any career path.

As Business For Teens grows across Egypt and the Gulf, partnerships with schools, governments, and youth organisations could play a crucial role in accelerating adoption and embedding entrepreneurship education into mainstream learning. With the right strategic support, the platform has the potential to become a foundational layer for youth economic empowerment across the region.

——————-

Bookmark Techparley.com for the most insightful technology news from the African continent.

Follow us on Twitter @Techparleynews, on Facebook at Techparley Africa, on LinkedIn at Techparley Africa, or on Instagram at Techparleynews.

Senior Journalist and Analyst
Follow:
Quadri Adejumo is a senior journalist and analyst at Techparley, where he leads coverage on innovation, startups, artificial intelligence, digital transformation, and policy developments shaping Africa’s tech ecosystem and beyond. With years of experience in investigative reporting, feature writing, critical insights, and editorial leadership, Quadri breaks down complex issues into clear, compelling narratives that resonate with diverse audiences, making him a trusted voice in the industry.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to Techparley Africa

Stay ahead of the curve. While millions of people still have to search the internet for the latest tech stories, industry insights and expert analysis; you can simply get them delivered to your inbox.


Please ignore this message if you have already subscribed.

×