Egypt - Enhancement of Egypt's Entrepreneurship Ecosystem Project


Project Summary

Approval Date 07 Dec 2018
Signature Date 28 Jul 2019
Planned Completion Date 30 Apr 2023
Sovereign / Non-Sovereign Sovereign
Sector Social
DAC Sector Code 11231
Environmental Category 3
Commitment U.A 396,000
Status Implementation

Project General Description

The Enhancement of the Entrepreneurship Ecosystem (EEE) is designed to contribute to the enhancement of the Entrepreneurship Ecosystem, so as to enhance the inclusive development of entrepreneurship, increase the employability of the youth, create job opportunities. Entrepreneurship also provides the opportunity to empower marginalized groups, especially youth and women, and include them in the development process. The expected outcomes of the project are: (i) 40 start-ups accessing the platform from outside Cairo; (ii) 25 start-ups receiving services from outside Cairo; and (iii) 20 women/managed or owned start-ups receiving support. The project is structured into three main components as follows: (1) Expanding and improving access to Entrepreneurship Services and Information, (2) Enhanced provision of tailored services to entrepreneurs and (3) Project Management.

Project Objectives

The overall objective of the project is to contribute to the enhancement and improvement of the entrepreneurship ecosystem in Egypt by supporting MoIIC’s entrepreneurship resource hub, through the expansion in access to services and information and the provision of tailored business development services to entrepreneurs.

Beneficiaries

The project is expected to benefit direct 100 start-ups, particularly the youth, and including women. The indirect beneficiaries include the stakeholders working on and involved with entrepreneurship development and facilitation, including the Ministry of Investment and International Cooperation, the local government nationwide, and the consultants working in the eco-system.

Participating Organization

Funding
Middle Income Countries Fund
Implementing
Ministry of International Cooperation

Information

IATI identifier 46002-P-EG-I00-015
Last Update 29 Sep 2022

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Contact Details

Name BEN ABDELKARIM Oussama
Email o.benabdelkarim@afdb.org

Geographic Location

Country Egypt
Coordinates Location Name
30.05 31.65 Cairo Governorate