document submission phase has been extended till 21/8/2022

Egypt extends its exporting frontiers as a regional leader by introducing the Export-IT Program to bolster the domestic ICT industry. ITIDA first launched the program in 2010 to help Egyptian companies grow their exports from IT/ITES products and services.

By virtue of this program, eligible companies receive direct exports support on the collected proceeds of their value-added exports within a specified calendar year.

Throughout Export-IT’s twelve rounds, ITIDA strengthened and broadened support for more than 250 local companies with almost EGP 549 million.

In 2022, ITIDA launched a new round of Export-IT program covering the export proceeds of 2021 with a major development aiming mainly to maximize the benefits gained by micro and small companies.

  

• Support Egyptian companies in: developing their resources, leveraging their competitiveness, and reducing their export-related costs.

• Develop and increase the Egyptian exports of ICT services.

• The main strength of Export-IT lies in the data gathered from participating companies covering their ICT exports in "terms of amount," "export destination," "types of service exported," and "business verticals served".

• All export transactions and supporting documents are audited, reviewed, and cross-validated by the program's external auditor.

• Based on a sample of the participated companies, we analyze data collected, after auditor validation, to provide an in-depth overview of their ICT exports.

• ITIDA conducts this analysis taking in consideration the confidentiality of information each company delivers.

• ITIDA carefully studies the audited indicators of the validated export values, services exported, business models adopted by companies as well as export destinations and business verticals served.

• Based on the exports’ indicators, further comparative analysis is conducted covering global ICT exports, potential markets, and opportunities through global forecasted ICT spending and market trends.

ICT companies with more than 50% Egyptian ownership, headquartered in Egypt and exporting:

• ICT Services

• Embedded Software

• IT-enabled Services* (examples: call center services, consultation and training services related to IT)

*IT-enabled services are subject to Export-IT committee's approval.

Note: Companies with total annual revenue exceeding 150 million EGP are not eligible for participation in the program.

ITIDA formed a revamping committee with the main aim to develop the program’s terms and conditions to achieve its purpose and maximize the support presented to Micro and Small companies, the development includes the following:

Company Classification	Total Revenues
Micro	≥ 1 Million EGP
Small	1 Million ≥ 20 Million EGP
Medium	20 Million ≥150 Million EGP

Company Classification	Support
Micro	35%
Small	15%
Medium	10%

By virtue of the program, approved companies receive direct cash support amounting up to 70% maximum of their value-added exports (rebate ceiling per company applies according to the program’s terms & conditions) as mentioned below:

For medium companies (except for companies that succeeded in opening new export markets and collecting their proceeds during 2021), support percentages are calculated as a percentage of the increase in value added.

Note: Ceiling of EGP 2.5 million per company.

Exact rebate percentages will be announced by end of program according to the approved budget for the entire program and received applications.

First Session Details:

second Session Details: