thyssenkrupp, Youth Min. inaugurate 1st edition of Entrepreneurial Training Program

CAIRO - 18 January 2022: In partnership with the Ministry of Youth, thyssenkrupp, the world leader in industrial engineering solutions, today celebrated the first edition of the Entrepreneurial Training Program - ETP, with the graduation of 50 students from various governorates. The ceremony was in the presence of H.E. Dr. Ashraf Sobhy Egyptian Minister of Youth and Sports, and Andreas Beckers - CEO and Executive Board Member for thyssenkrupp Industrial Solutions Egypt.
 

The five year program aims to graduate two groups annually and to employ outstanding talents in the company, focusing on empowering the fresh engineering talents with entrepreneurial and business competencies, thus qualifying them to successfully establish and manage their industrial projects and businesses. 
 

The graduation ceremony was also attended by, Walid Ahmed CFO of thyssenkrupp Industrial Solutions Egypt, Major General Ismail Al-Far, Executive Director of the Ministry of Youth, and Manal Jamal, Undersecretary of the Ministry of Youth and Head of the Central Administration for Projects and Youth Training, Jan Notter  CEO of the German Arab chamber or commerce, and Philippe Maupai, Head of Science Department at the German Embassy in Cairo.

 

“We are proud of our partnership with  thyssenKrupp Industrial Solutions, and today, the celebration of the first group of graduates from this exceptional program, inaugurated last February.” Ashraf Sobhy, Minister of Youth in Egypt, commented. “The Entrepreneurial Training Program (ETP)  comes under President Abdel Fattah el Sisi’s orientation towards Egypt’s Sustainable Development Goals (SDG) of 2030.

 

Moreover, the program contributes directly to the eighth pillar, focusing on creating productive employment and decent work for all, promoting medium, small and micro enterprises, and encouraging self-employment and entrepreneurship.’’

 

‘’Our vision in the ministry focuses on improving the quality of life of Egyptian youth through comprehensive developmental training and promotion of the sense of belonging and national identity. This comes under a clear strategy, where the most important element is the development of cultural and scientific awareness, the qualification of the youth for the labor market, promoting a culture of self-employment, empowering youth economically through training, and providing them with job opportunities in the private sector.” The Minister added.

 

“At thyssenkrupp, our vision has always been to create a trusted and loyal generation of leaders and exceptional engineering talents. Through the ETP program, we can empower the next generation of leaders and engineering talents in Egypt by providing them access to top global and local engineering and business resources and tools. Our program has been designed to also allow for diversity and inclusion, hence our endeavor to identify and select talents from governorates that have limited access to resources and employment opportunities” Andreas Beckers, CEO and Executive Board Member of thyssenkrupp Industrial Solutions Egypt says.

 

“Our aim with this program is to build a strong team of engineers that can work sustainably on their own to create jobs and career opportunities for others, and we will strive to continue to avail best-in-class consultancy, resources and connections to our network of alumni to help in their continued learning and development.”

 

Also commenting, Ms. Manal Jamal, Undersecretary of the Ministry of Youth and Head of the Central Administration for Projects and Youth Training: “Reducing unemployment and creating productive job opportunities through training and development, are the most important features of the economic reform, currently taking place.  Our mission is to provide decent and sustainable job opportunities for the youth, and to support their skills to become entrepreneurs and project owners, hence this program designed with thyssenkrupp. The ETP helps young talents build their capabilities and business acumen, allowing them to pursue job opportunities in prominent companies across Egypt, and provide them with the knowledge and training necessary to unlock their own skills."

 

Walid Ahmed, Chief Financial Officer and Board Member of thyssenkrupp Industrial Solutions Egypt, commented: "The graduation of the young calibres is just a start. Our main goal is to build industrial mindsets capable of leading large scale projects that support the Egyptian economy, and ensure the continuous development of the new republic. Also, our company supports the projects submitted by the graduates, which will be an addition to Egypt’s efforts towards development, in partnership with the Ministry of Youth and Sports.

 

The ETP is designed to generate employment opportunities for young engineering talents by building their capacities and business acumen to allow them to pursue job and career opportunities in top engineering consultancies and companies around Egypt and provide them with the knowledge and skill sets needed to open their own practice.

 

The program specifically targets rare engineering talents in less privileged neighborhoods and governorates. Students enrolled in the ETP are fully sponsored by thyssenkrupp and receive special training, mentoring and coaching from top engineering and business talents from thyssenkrupp’s local and global teams and external business and entrepreneurial consultants. The top ten talents of this round have been offered employment opportunities within thyssenkrupp.