Nilepreneurs Initiative Taps University Talent To Foster Youth Entrepreneurship in Egypt

The Faculty of Commerce at Kafrelsheikh University recently hosted a significant event for the Nilepreneurs initiative, a national program designed to bolster Egypt’s startup ecosystem. The collaboration aims to cultivate an entrepreneurial mindset among students, empowering them to transform innovative ideas into viable economic projects that contribute to the country’s sustainable development goals.

Fostering a New Generation of Entrepreneurs

The core objective of the initiative is to encourage innovation and equip young people with the tools needed to build successful businesses. By creating a direct link between academia and the business world, Nilepreneurs seeks to generate new job opportunities and develop a generation of entrepreneurs capable of competing in both local and regional markets. The event at Kafrelsheikh University, attended by Dean Dr. Walid Mohamed Afifi and a high-level delegation from a partner bank, emphasized the program’s alignment with Egypt’s Vision 2030.

Showcasing Student Innovation

The event provided a platform for students from the Faculty of Commerce to showcase a diverse range of innovative project ideas. The presentations highlighted the creativity and business acumen being nurtured within the university. The banking delegation commended the university’s role in preparing students for the practical challenges of the business world and expressed a strong commitment to continuing the partnership to support and empower Egyptian youth.

University and Banking Sector Collaboration

Dr. Walid Mohamed Afifi, Dean of the Faculty of Commerce, reiterated the institution’s dedication to hosting developmental initiatives that support the state’s efforts in achieving sustainable economic growth. The collaboration between Kafrelsheikh University and the banking sector through the Nilepreneurs initiative serves as a model for bridging the gap between academic theory and real-world application, ensuring students are well-prepared to contribute to the national economy.

About Nilepreneurs Initiative

Launched by the Central Bank of Egypt and implemented by Nile University in collaboration with a network of Egyptian banks and international entities, the Nilepreneurs initiative is a comprehensive national program aimed at supporting entrepreneurship and startups across the country. It provides a wide range of services, including business development support, incubation, and access to finance, to help aspiring entrepreneurs and small businesses grow and thrive.

Source: El Watan News