EITESAL signs €1.87M deal with EU for entrepreneurship

CAIRO – 20 November 2017: The telecommunications’ sector non-profit organization Egyptian Information, Telecommunications, Electronics, and Software Alliance (EITESAL) signed a €1.87 million ($2.2 million) project deal with the European Union (EU) for entrepreneurship.

Named INNOEgypt, the EU-funded project will allow EITESAL to work with 100 entrepreneurs and fresh grads to launch innovative projects in the sector, EITESAL said in a Monday press release.

The agreements come in the framework of EITESAL participating in the Global Entrepreneurship Week 2017, held from November 13 to 18, where the organization encouraged youth to launch their own innovative projects through conducting workshops.

The events of the Global Entrepreneurship Week in Egypt included talks, workshops and lectures by prominent business figures and entrepreneurs at the main U.S. Embassy premises, the American Center Cairo (ACC), the American Corner in Maadi (ACM) and in three cities in Upper Egypt: Qena, Luxor, and Aswan.

The Global Entrepreneurship Week (GEW) has been held annually since 2007 and includes more than 35,000 events and activities aiming to inspire youth to become entrepreneurs in 165 countries. The GEW also offers youth the opportunity to connect with other young men and women from around the world for potential collaboration and mentoring.