19 February 2020 07:28 PM

Second phase of "Fekretak Sherketak" initiative on start-ups launched

Saturday، 22 September 2018 - 01:57 PM

Investment Minister Sahar Nasr and Minister of Youth and Sports Ashraf Sobhi on Friday 21/09/2018 launched the second phase of "Fekretak Sherketak" (your idea is your company) initiative to support start-ups and boost the sector of entrepreneurship nationwide.

The initiative is implemented in collaboration with the Communications Ministry and Falak startup accelerator.

Egypt's entrepreneurship program is based on three factors; funding, business accelerators and business service centers, Nasr said, asserting her ministry is keen on backing entrepreneurs.

The initiative's second phase includes new innovative ideas, with the aim of increasing support for entrepreneurs and their start-ups, Nasr added, calling on the private sector to support youth projects.

For his part, the sports minister thanked the investment minister for her efforts to shore up youth projects, saying that his ministry is willing to prop up the successful initiative.

“Fekretak Sherketak” Initiative is an innovative initiative to encourage startups and promote the entrepreneurial ecosystem in Egypt.


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