Menoufia University, a leading academic institution in Egypt, has announced significant steps to bolster its innovation ecosystem by establishing a dedicated business incubator unit. The initiative aims to support students and researchers in transforming their innovative ideas and academic findings into viable, market-ready startups.
The announcement came following the participation of Dr. Ahmed Al-Qassed, President of Menoufia University, in a high-level workshop titled “From Idea to Ecosystem: Entrepreneurship and Technology Transfer” held at Luxor University. The event, attended by Egypt’s Minister of Higher Education and Scientific Research, Dr. Ayman Ashour, convened university leaders and innovation experts to discuss strategies for integrating scientific research with practical industry applications.
From Idea to Ecosystem
The workshop, organized by the Fulbright Commission in Egypt, focused on global best practices for technology transfer and building robust entrepreneurial frameworks within universities. Dr. Al-Qassed emphasized that the discussions align with Egypt’s national direction and the presidential support for fostering a culture of innovation across Egyptian universities, aiming to bridge the gap between academic knowledge and labor market needs.
The university’s strategy focuses on creating an environment that supports innovation through the development of research centers and effective business incubation programs. This approach is designed to enhance the competitive edge of academic institutions and strengthen partnerships between academia and the industrial sector, ultimately contributing to a knowledge-based economy.
Fostering a Culture of Innovation
Menoufia University has already taken concrete steps to implement this vision. The newly established business incubator unit will provide technical and advisory support to nurture promising ideas from conception to execution.
As a testament to its early success, the university has already launched two startups stemming from its research activities. Dr. Al-Qassed confirmed that the university plans to expand this initiative, aiming to launch more startups in the near future to create tangible job opportunities for young graduates and embed an entrepreneurial mindset on campus.
A New Technological University
Furthering its commitment to applied education, Menoufia University is set to launch the Menoufia National Technological University, which will begin accepting students in the upcoming academic year. This new institution will offer modern technological programs directly linked to the demands of the job market, with a strong emphasis on practical training and entrepreneurship.
The technological university is poised to prepare a new generation of skilled technical and technological cadres to support Egypt’s industrial and development plans, in line with the goals of Egypt’s Vision 2030 and the National Strategy for Higher Education.
About Menoufia University
Menoufia University is a public university located in the Nile Delta region of Egypt. Established in 1976, it has grown to become a comprehensive institution offering a wide range of academic programs across various faculties. The university is committed to advancing scientific research, community service, and fostering innovation to contribute to the national economy and sustainable development.
Source: Kashqol
