ITIDA: Technological Exports Volume to Record EGP 2.6 Bln in 2012

The Information Technology Industry Development Agency “ITIDA” has extended the period for registering at the “Export IT” program and submitting documents until the end of this September.

ITIDA is currently sorting out the documents filed by 80 companies to make sure that the companies have provided all the required documents. ITIDA has launched this program last June for the third consecutive year.

The program will provide direct support up to a maximum of 10% of the value added to the exports of beneficiary companies. According to the program criteria, the value of support  provided to companies depends on the export operations carried out in 2011, provided that the maximum support reaches up to $ 500,000 for each company.

Moreover, ITIDA has asked the companies to enter and update their data on  the website. The documents required for applying for the program include the program application, financial report, final accounting statements, income tax report, a printout from the commercial register, tax card, and other documents that can be obtained from ITIDA’s website.