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Egypt: Investment Min. Launches Initiative to Boost Startups

Source: www.export-egypt.com 9/25/2017, Location: Africa

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Investment and International Cooperation Minister Sahar Nasr launched an initiative to support new companies and boosts the entrepreneurship climate in Egypt.

Called “Fekretek Sherketek” (your idea is your company), the creative initiative is the first of its kind in Egypt to enhance the entrepreneurship climate in Egypt in participation with EFG-Hermes and the United Nations Development Program – UNDP.

Since the launching of the initiative, nearly 2100 new ideas were received until now, Nasr said, adding most of these ideas were unique and distinguished.

The Ministry of Investment has provided a bus for promoting the initiative and responding to any inquiries, Nasr said, pointing out that the bus could be reached outside the ministry HQ, before starting its tour in the governorates to meet the participating entrepreneurs.

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