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OPEX Financing
برنامج تمويل نفقات التشغيل

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The OPEX Financing Program increases the competitiveness of locally-manufactured feeding components and the utilization of existing production lines until they reach their full capacity to decrease imports and enhance the local added value. The target feeding components are of high importance to a set of promising products and belong to one of four groups: PCBs, Speakers, Lithium Batteries, and Electronic Chip Packaging. The Program pays for 3 years 10% of the cost of the annual locally-sold feeding product turnover. The promising products and their important feeding components are as depicted in the table below.

The ultimate objective is to improve the economies of scale of crucial locally-manufactured feeding components and complete the supply chain of the local electronics industry.

 

  Promising Products Table
# Group Vertical
​1

Mobile Phones, Tablets, and GPS Tracking Devices ​ ​

Final Products
Feeding Components (Lithium batteries, LCM, Speakers, Chargers)
2 LED Lighting LED chip packaging, Inverters, LED boards
3 Smart Meters Final Products and Feeding Components
4 LED TVs and Displays LCD glass, Speakers, Special internal cables, LED bars, Inverters, LCM
5 Solar Energy Systems Solar cells, Storage batteries, Inverters, Control units

 

Enterprise Criteria:

  • Locally-established enterprise working in the electronics industry.
  • Enterprise registered at the "Egypt Makes Electronics (EME)" Platform.
  • The enterprise capital is foreign and local joint venture, foreign investment, or local private investment.
  • The enterprise is manufacturing one important feeding product in one of the verticals depicted in the Promising Products Table. 
  • The feeding product belongs to one of four groups: PCBs, Speakers, Lithium Batteries, and Electronic Chip Packaging. 
  • The minimum local manufacturing percentage is 50%.
  • The annual feeding product turnover is not less than EGP 5M.
  • The finance is requested for only one feeding product of one factory.​

Funding Mechanism:

  • The Program pays for 3 years 10% of the cost of the annual locally-sold units of the feeding product.
  • Payment is made in 3 annual amounts during the 3-year period.
  • Payment is returned back in full if factory is voluntarily closed, sold, or stopped production.
  • Payment in total does not exceed EGP 15M.​

Submission timeline of Round (1-2016/2017):

  • Program Announcement: 27 November 2016
  • Q&A Sessions: 14 and 26 December 2016
  • Submission Starting Date:  1 March 2017
  • Submission Closure Date: 30 March 2017​

Submission steps:

  1. Download Program Template
  2. Fill in all needed data and avail all needed documents.
  3. Append filled Template and all needed documents in one zip file.
  4. Login using your enterprise account information (if you do not have an account,Please Register).
  5. Upload the zip file.
  6. Print and keep the successful upload message.
  7. Follow all other instructions given in the Template to deliver hardcopies if required.



From: 01/03/2017 To: 30/03/2017