Algiers, June 1, 2025 – The Algerian Startup Fund (ASF), the Center for Scientific and Technical Information Research (CERIST), and DeepMinds™ have announced the launch of the National Venture Studio Program, a major national initiative to build over 1,000 high-impact tech startups across all 58 Algerian provinces within five years. The program will mobilize more than $600 million in blended public-private capital.
This groundbreaking alliance combines capital, national research infrastructure, and execution capacity to scale Algeria’s innovation ecosystem and drive a globally relevant, knowledge-based economy.
Key Goals:
- Mobilize over $600M in innovation capital.
- Launch 1,000+ ventures from labs and founders nationwide.
- Create tens of thousands of tech jobs and activate all provinces.
- Position Algeria as a deep tech and future industries hub.
Backed by Algeria’s national vision, the program supports policies from the Ministry of Higher Education, the Ministry of Knowledge Economy, and aligns with programs like Digital Algeria 2030.
Focus Areas:
It will prioritize AI, sovereign technologies, and locally relevant scalable solutions that impact Algeria and beyond.
Partner Roles:
- ASF: Anchor investor, securing early-stage and follow-on capital.
- CERIST: Program operator via a national network of incubators, labs, and universities.
- DeepMinds™: Full-cycle venture builder, translating ideas into companies.
Partner Statements:
Anys Rahabi, General Manager, ASF:
“This partnership reflects Algeria’s ambition to build ventures that create value and impact.”
Dr. Imane Benkhelifa, CERIST:
“We have the scientific strength; now we have the scale to turn it into innovation.”
Dr. Abdenour Haddou, CEO, DeepMinds™:
“We focus on speed, structure, and outcomes — building globally relevant Algerian startups in months, not years.”
