Egypt, the Netherlands cooperate to support young entrepreneurs

The Embassy of the Netherlands in Egypt announced on Thursday it has partnered with Egypt’s Ministry of International Cooperation and ALEXBANK on the entrepreneurial programme Orange Corners Egypt.

The programme is an initiative of the Netherlands meant to provide young Egyptian entrepreneurs with training, networks, and facilities to start and grow innovative businesses.

The initiative comprises two separate incubation programmes – one in Cairo and one in Upper Egypt’s Assiut governorate – each offering recurring six-month training cycles for 15-25 entrepreneurs at a time.

The entrepreneurial training pays special attention to startups in agriculture and the creative sector, and ensures a minimum of 50 percent participation of female entrepreneurs.

The Ministry of International Cooperation will support the implementing partners of the programme in identifying the untapped opportunities where innovative ideas can contribute to Egypt’s development across different sectors while achieving the sustainable development goals (SDGs).