Financial Mechanisms
Coral Reef Business Incubator
The CRBI will act as a venture studio and incubator, supporting reef-positive businesses from concept to growth.
Land-Based Pollution
Unsustainable Tourism
The Coral Reef Business Incubator (CRBI) will act as a venture studio and incubator, supporting reef-positive businesses from concept to growth. It will offer technical assistance and financial tools, such as grants and equity, to coral-friendly enterprises and community projects. Partnering with the Egyptian Fund for Coral Reefs and funded initially by the GFCR program, the incubator will play a vital role in fostering an entrepreneurial ecosystem aligned with reef conservation goals in the Egyptian Red Sea.
Region Africa and the Middle East
Country Egypt
GFCR Programme Egyptian Red Sea Initiative (ERSI)
GFCR Convening Agent United Nations Development Programme
Sector Financial Mechanisms
Stage Concept/Design
Key Contact Amany Nakhla
