Agriculture and information technology sectors are included in our plan
The company’s capital is EGP 70m and we just started a year ago
We invest with maximum EGP 1m in a single company
By Mahmoud Hammad
Ismail Tharwat, Managing Director of Delta Inspire, says that the company has started delivering its services a year ago and it is investing in 5 companies in food, education and textiles sectors. Delta Inspire is planning to invest in Agriculture and information technology sectors. Tharwat explains, in an interview with “MEO”, that Egypt’s problem with foreign investment attraction is due to bureaucracy; it is the main barrier. There are other problems which Egypt’s government has solved most of them already such as security problem . However, Egypt needs advertising and promotional campaigns around the world; the new national projects being launched are good materials for these campaigns.
Can you tell us more about “Delta Inspire”?
Delta Inspire finances and invests in small and medium-sized enterprises, along with delivering other services, such as helping those companies with the marketing, financial and managerial levels. In addition, we provide employment opportunities for youth.
We are an investment management firm built by entrepreneurs and financiers in an effort to play an active role in supporting Egyptian entrepreneurs.
We aim to create a one-stop shop for our companies to facilitate their growth throughout all their phases and ultimately help them realize their dreams. We believe in the positive power of businesses and therefore we work with the teams passionately to pursue them to co-create successful companies.
We target utilising our own experiences and those of our trusted network of partners to help the younger generation & passionate entrepreneurs build a society of economically independent individuals.
We use our first-hand knowledge and experience of our founders to ensure exit strategies that are in the best interest of our partners and entrepreneurs.
Delta Inspire is currently managing 138 pyramids which is a developmental finance initiative that envisions playing a role in building the future of Egypt with 138 new Pyramids in industry, driven by entrepreneurs in the form of start-ups or early stage growth companies.
We invest in small-sized enterprises in a flexible way; it is possible to invest in a number of entrepreneurs, regardless of their varying activities. Delta’s investment is a long term investement which insures investors; as a consequent there is no fixed time for companies’ dissociation.
When did Delta Inspire start its activity?
Delta Inspire has started delivering its services a year ago and it is investing in 5 companies in food, education and textiles sectors. Delta Inspire is planning to invest in Agriculture and information technology sectors. We invest with maximum EGP 1m in a single company.
Can you tell us about your company’s capital size and stakeholders structure
Delta Inspire’s capital is estimated at EGP 70m, with only EGP 15m paid. As for the stakeholders’ structure, all companies that own Delta Inspire are Egyptian and they have some foreigners among their employees.
Delta Inspire, includes Delta Holding, Delta Shield for financial consultancy and Delta Pyramids, which manages 138 small enterprises.
Are you facing difficulties while investing in other companies?
We study any company before investing in it which clears our vision on whether we are going to provide added value or aids to these companies. We determine three requirements before investing in any company. The first requirement is a managerial work team whom we can depend on; the second requirement is the capability of developing the company. Third, the company has to be aware of the social conditions regarding employment opportunities.
Will the government succeed in achieving targeted foreign investments?
I hope the government would succeed in achieving its targets. Egypt as a country is capable of attracting foreign investment. Its geographical location, huge consumption and big population are significant assets.
Egypt’s problem with foreign investment attraction lies within bureaucracy; it is the main barrier. There are other problems which Egypt’s government has already solved, such as security. However, Egypt needs advertising and promotional campaigns around the world; the new national projects being launched are good materials for these campaigns.
Bureaucracy is prevailing in regimes and individuals; therefore, we have to get rid of obsolete systems that hinders investment, along with individuals who do not contribute in the welfare of Egypt. Thus, the government should handle bureaucracy professionally in order to make the president’s efforts come to effect.
