Can a startup without financial statements obtain funding?

Some funding bodies might consider a startup even with a short financial history, but the absence of financial statements makes evaluation more difficult and doesn't guarantee funding.

The body will look at the business's age, cash flow, contracts, sales, guarantees, and the plan for using the funds.

Ask about startup or small business programs instead of applying for an unsuitable product.

Source

• Central Bank of Egypt — Financial Inclusion Rates