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Reading: Launching the second annual edition of the [email protected] social entrepreneurship programme
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Dailynewsegypt > Blog > Business > Launching the second annual edition of the [email protected] social entrepreneurship programme
Business

Launching the second annual edition of the [email protected] social entrepreneurship programme

Hossam Mounir
Last updated: 2022/12/14 at 6:04 PM
By Hossam Mounir 5 Min Read
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Launching the second annual edition of the Impact@Work social entrepreneurship programme
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Enactus Egypt announced the launch of the second phase of its social entrepreneurship programme [email protected] in collaboration with Citi Foundation, with participation beginning in July 2023.

This was unveiled at a press conference held at the British University in Egypt, which was attended by a large number of businessmen, officials from both parties, and representatives from the Central Bank of Egypt (CBE).

In July 2023, university teams from 54 universities representing around 9,700 students from various Egyptian governorates will be allowed to compete in Enactus Egypt’s competition to demonstrate their efforts in generating a social impact and compete based on the quality of their entrepreneurial ideas that achieve a creative and long-term impact on people, the environment, and prosperity in their community.

“In Enactus Egypt, we all work together as a Board of Directors in a spirit of love and cooperation,” Lamis Negm — Adviser to the Governor of the CBE for Community Responsibility and a Member of the Board of Directors of Enactus — commented.

“We all have a strong desire to help youngsters and society via various programmes and projects that empower these young people, and we are delighted to begin the entrepreneurship programme, and we wish Egypt’s youths continued prosperity and growth.”

Meanwhile, CEO of Enactus Egypt Fatma Sirry expressed her delight at launching the second edition of the [email protected] programme in a way that encourages creativity and entrepreneurship for the second year in a row.

“This programme assists in the training of a large number of students in a manner that improves the labour market. Enactus is the largest training platform for university students, with presence in 54 universities,” Sirry said.

“We represent the collaboration of academics and businessmen through conducting programmes centred on entrepreneurship, innovation, and sustainable development.”

Sirry also expressed her pride that Egypt won the Enactus World Cup six times, four of which were in a row, indicating that Egyptian youths can accomplish a lot for society when given the right skills and training.

“We began Enactus with four universities and 120 students, and now there are 9,700 students from various governorates participating in the programme each year,” Sirry added.

“Enactus students are highly demanded in the work market because of their brilliance and talents.”

For his part, Mohamed Abdel Kader — Managing Director of Citi Country Officer – Egypt — confirmed: “The collaboration with Enactus is part of the Citi Foundation’s Pathways to Progress programme, which is meant to empower youths with the tools they need to prepare for employment and flourish in today’s economy.”

He also expressed his delight at the continuous collaboration with Enactus to assist Egyptian youths in developing financial and entrepreneurial skills to fit the labour market

For the first time in Egypt, Citi Foundation and Enactus Egypt collaborated this year to launch the first phase of the [email protected] social entrepreneurship programme, which aims to teach, assist, and mentor 2,500 students between the ages of 18 and 25 in the practical and entrepreneurial skills required to turn social impact projects into enterprises.

The [email protected] programme assists young people who lack empowering chances in developing income-generating economic, social, and environmental projects through a grassroots strategy to reaching high-potential youths from low- and middle-income families and transforming them into entrepreneurs capable of starting their own businesses.

Enactus Egypt’s aim is to be Egypt’s most widespread and vital strategic partner in empowering communities via corporate education and developing the capabilities of leaders who use business to make the world a better place. 

Its goal is to build a better, more sustainable society and to inspire the next generation of entrepreneurs to use innovation and business concepts to better Egypt.

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