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Launch of the First University Venture Capital Fund in Algeria

March 1, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Launch of the First University Venture Capital Fund in Algeria

The Chairman of the National Committee for Innovation and Business Incubators at the Ministry of Higher Education and Scientific Research, Professor Ahmed Meir, announced today, Sunday, the official launch of the first fund for managing venture capital investment funds in Algeria, in a move aimed at supporting the establishment of 20,000 startups, as part of an approach that enhances the economic role of the university. Professor Meir stated during his appearance as a guest on the 'Morning Guest' program on the first radio channel that the official unveiling of the fund will be tomorrow, Monday, during a celebration hosted by the Faculty of Media, initiated by the University of Algiers 3 and three affiliated institutions, in the presence of the Ministers of Higher Education and Finance, along with economic actors and social partners.

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