The Egyptian Ministry of Environment in partnership with CEDARE and MedWaves (the UNEP/MAP Regional Activity Centre for Sustainable Consumption and Production) held the launching event of the National Initiative for Sustainable Entrepreneurs (NISE) on the 11th of October 2022 in Cairo, in presence of Ms. Sylvie Fontain, representative of the Delegation of the European Union to Egypt, Mr. Giorgio Mosangini, representing MedWaves, Dr. Heba Sharawy, representing the Ministry of Environment and Dr. Hossam Allam, representing CEDARE.
40 diverse stakeholders pertinent to the domain of entrepreneurship and sustainable economy attended the launch event, ranging from governmental and non-governmental organizations, international entities, financial institutions & banks, business incubators, academia, universities’ innovation centres to entrepreneurs.
The NISE is implemented within the framework of Egypt’s SwitchMed Down the Nile Project to support Sustainable Economy & Green & Blue Entrepreneurship and comes in-line with Egypt’s extensive efforts in reinforcing medium, small, and micro enterprises and Egypt’s Vision 2030. It aims at supporting circular economy, reinforcing green entrepreneurship and including blue economy principles in the eco-system. It involves the capacity building of the BSOs to align with the fast-growing sustainable economy mandates and cater for the increasing demands of business today; consequently, ensuring sustainable job opportunities. The initiative gives the BSOs empowering technical training as well as provoke business linkages. Furthermore, they mainly benefit from an excellent training program to qualify to share the acquired know-how with a wider base of entrepreneurs nationwide, eventually 140 entrepreneurs across greater Cairo and upper Egypt, will be trained, of which the best 16 are to benefit from the incubation stage, which will last for six months. Those will ultimately be entitled to lead the way to a steadily competent sustainable entrepreneurship scene in Egypt.