Supporting Entrepreneurs in Egypt to Turn Their Ideas into Impactful Projects
In Egypt, there is a program dedicated to supporting entrepreneurs and helping them transform their ideas into projects that make a difference in their communities. This program provides a monthly salary, training, and guidance, allowing participants to focus on their working ideas. It specifically selects the top 24 teams with creative ideas related to various fields: furniture design, interior design, handicrafts, and visual arts. The main goal of this program is to support young individuals in implementing their ideas and establishing projects that contribute to key aspects of the economy, such as creative industries, agriculture, health, and tourism. It aligns with the Sustainable Development Goals (SDGs), with a focus on decent work and economic growth, partnerships for the goals, and reduced inequalities.
Importance of Entrepreneurship in Egypt
Entrepreneurship entails initiating private projects that contribute to solving societal challenges. It involves managing, establishing, and creating new ventures, often starting from small-scale projects. Currently, entrepreneurship and sustainability have become highly sought-after topics, with sustainability being the buzzword of the moment. In entrepreneurial sustainability, the aim is to strike a balance between the economic and social aspects while considering the environmental dimension and the needs of future generations. Sustainable development, as targeted by nations, emphasizes economic growth while preserving the environment. Entrepreneurship strives for innovation and creativity in finding new ideas that address current problems. It also emphasizes environmental and social responsibility, ensuring that projects maintain sustainability.